Merchandise exports are increasingly facing headwinds from the slowdown in goods demand globally, not only in advanced economies such as the US and euro area but also from emerging markets, most importantly the Asia-Pacific, said Crisil Ratings in a report. Crisil’s report stated that exports are facing a double whammy from a fall in prices […]
India has emerged as the most attractive investment destination among emerging markets in 2023 amid a host of global economic headwinds, including high inflation and interest rates, global investment management firm Invesco said in a report. According to the Invesco Global Sovereign Asset Management Study, 2023, sovereign wealth funds favour emerging markets, particularly India, given […]
Fitch Ratings has raised the global growth forecast for 2023 to 2.4 per cent from its March estimate of 2.0 and noted that economic activity the world over is holding up better than as was expected. “The biggest upgrades have been to emerging markets (EM) where incoming (macro) data have been a lot stronger than […]
A new global commerce study has found that over one billion digital native consumers are going to emerge from the eight fastest-growing countries in the next decade. The study said that India was among the list of eight emerging markets expected to contribute to this growth. Other countries in the list include Bangladesh, Egypt, Ethiopia, […]
