India now has 19.9% weight in MSCI Emerging Market Index, very close to China’s 24.42 %

India now has 19.9% weight in MSCI Emerging Market Index, very close to China’s 24.42 %

New Delhi [India] October 2 (ANI): India’s weightage in the MSCI Emerging Markets Index has reached 19.9 per cent, very close to China’s weightage which has dropped down to 24.42 per cent from nearly 40 per cent in 2020. India’s weightage has improved significantly in the recent years, it used to have a single digit … Read more

Q2 goods exports seen 4.2%: EXIM Bank

Q2 goods exports seen 4.2%: EXIM Bank

New Delhi: India’s merchandise exports growth may slow 4.2% on-year at $111.7 billion in the second quarter of FY25, down from 5.8% in the June quarter, the Export-Import Bank of India (Exim Bank) said Monday. Merchandise exports were $109.9 billion in April-June. “Positive growth in India’s exports could be as a result of India’s continued … Read more

economic growth: Robust govt capex, improvement in business confidence to push growth: Official

economic growth: Robust govt capex, improvement in business confidence to push growth: Official

Robust capital expenditure by the government and improvement in business confidence will push the country’s economic growth in 2024-25, an official said on Tuesday. Chief Economic Adviser in the Ministry of Rural Development Kuntal Sensarma said that the focus areas in 2024-25 should be infrastructure growth, inclusive development and harnessing demographic dividend, among others. “The … Read more

Over 70 WTO nations agree to take additional obligations in services sector; India to benefit

Over 70 WTO nations agree to take additional obligations in services sector; India to benefit

India would benefit from a move of over 70 nations like the UK, UAE and Australia that have agreed to take on additional obligations in the services sector under an agreement of the WTO, an official said on Tuesday. These WTO (World Trade Organisation) members are taking the additional obligations under the General Agreement on … Read more