Japan faces a shortage of almost one million foreign workers in 2040 if the government wants to achieve its economic growth goals as the population dwindles, an estimate from a state-backed think tank showed on Thursday. At the current pace, 5.91 million foreign people will be working in Japan in 2040, almost one million short … Read more
A consensus appears to be emerging among the external members of the Reserve Bank of India’s monetary policy committee that high interest rates are damaging to economic growth, a sign that the debate over the timing of any easing is intensifying. Jayanth Rama Varma and Ashima Goyal voted at the June meeting for a rate … Read more
Indian elections may have sprung a surprise, denying an outright majority on its own to the BJP, but the likelihood of policy continuity and prospects of strong growth through Narendra Modi’s third premiership provide sufficient comfort to international businesses to commit funds here, Jose Vinals, chairman, Standard Chartered, tells Bhaskar Dutta and MC Govardhana Rangan. … Read more
In recent years, investors bullish on Indian equities have cited the promise of policy reforms and rapid economic growth under Prime Minister Narendra Modi to justify its record premium over emerging-market peers. Now, with the leader facing coalition politics after a weaker-than-expected mandate in this week’s national election, the so-called Modi premium is under scrutiny. … Read more
Supporters of the ruling Bharatiya Janta Party (BJP) holding cut-outs of India’s Prime Minister a Narendra Modi during an election campaign rally in Amritsar on May 30, 2024. Narinder Nanu | Afp | Getty Images India will start counting votes for its 2024 general election at 08:00a.m. local time on Tuesday, with Narendra Modi projected … Read more
Indian stocks need Prime Minister Narendra Modi’s party to win more than 303 seats in the general election to extend their record rally, according to a Bloomberg News survey of market participants. A smaller majority for the ruling Bharatiya Janata Party may lead to a drop of about 2% in the NSE Nifty 50 Index, … Read more
Indian stocks need Prime Minister Narendra Modi’s party to win more than 303 seats in the general election to extend their record rally, according to a Bloomberg News survey of market participants. A smaller majority for the ruling Bharatiya Janata Party may lead to a drop of about 2% in the NSE Nifty 50 Index, … Read more
Vijay Shekhar Sharma, MD, Paytm, says economic growth will be reaching every nook and corner and every village and place and that should be the priority. “That is what I believe the next government should be focused on,” he says.How has been the overall experience in terms of carrying out your business, the last government … Read more
A boom in tiny initial public offerings in India may soon be followed by larger deals, broadening options for global investors looking to join the nation’s equities frenzy. Citigroup Inc., the top arranger of equity offerings in India this year, sees four to five IPOs of at least $1 billion each over the next year. … Read more
A rebound that has taken the U.S. stock market to record highs this week may have further to run, if history is any guide. Fresh signs of a cooling economy calmed inflation worries in May, helping all three major U.S. stock indexes rise to records this week. The benchmark S&P 500, which fell over 4% … Read more
