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China's Third Plenum Addresses Economic Challenges, Sets Long Term Reforms
China's ruling Communist Party commenced its so-called third plenum on Monday, a major meeting held roughly once every five years to map out the general direction of the country's long-term social and economic policies.
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Morgan Stanley Upgrades India's Status To 'Overweight', Downgrades China
Brokerage firm Morgan Stanley has changed India's status to 'overweight' as it believes that the nation's reform and macro-stability agenda supports a strong capex and profit outlook.
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How Indian Economy Fares Globally Ahead Of Union Budget 2020
India and China had the same GDP in 1950 and China's GDP per capita lagged countries such as Cambodia, Kenya and Sierra Leone as late as the 1960s. China witnessed a meteoric rise from the late 1970s to become the world's second largest economy, next only to United States, as the path-breaking reforms initiated by Deng Xiaoping propelled the largel...
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Simplified Taxation Regime Vital For Improving Revenue Flows: Industry Body CII
In the pre-Budget consultation meeting with Union Finance Minister Nirmala Sitharaman, the Confederation of Indian Industry (CII) suggested 10 reform ideas to boost economic growth. According to a government data, country's GDP or gross domestic product grew 5.8 per cent in the January-March period. With that, India lost its position as the fastest...
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China Made Steady Progress, Policies In Place To Check Risks: Xi Jinping
Playing down concerns over economic slowdown in China amid the intense trade war with the US, President Xi Jinping on Sunday said the world's second largest economy has made "steady" progress as his government took new steps for reforms and opening-up of economy to avert major risks.
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G20 Sealed Landmark Deal On WTO Reform By Ducking "Taboo Words"
Many delegates from the world's 20 largest economies arrived at a summit in Argentina this week determined to clinch an agreement to reform the global trade system, pushed to a breaking point by tensions between the United States and China.
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Chinese President Xi Pledges To Foster World-Class Business Environment
President Xi Jinping on Monday pledged to widen access to China's economy, while delivering a veiled rebuke to Trumpism, as he kicked off an import fair amid growing foreign accusations his government was backtracking on grand reform promises. Xi said China would "step up" efforts to stimulate imports, lower tariffs, ease customs clearance procedur...
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Amid US Trade War, China's Xi Jinping Reiterates Reform Commitment
China is still determined to reform and wants to work with all parties to build an open world economy, Chinese President Xi Jinping said on Sunday, reiterating Beijing's message amid a bitter trade war with Washington.
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"India Will Be Source Of Global Growth For Next 30 Years", Says IMF
India is a source of growth for the global economy for the next few decades and it could be what China was for the world economy, the IMF said today, as it suggested the country to take steps towards more structural reforms.
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India "Substantially Above Board" than China: Trump Jr On Doing Business
Donald Trump Junior, the eldest son of US President Donald Trump, today said India is "substantially above board" for business compared to China, and reforms underway will help attract investments to Asia's third-largest economy from countries as the US
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China Must Win 'Three Tough Battles' While Pursuing Reforms: Chinese Premier Li Keqiang
Chinese Premier Li Keqiang said the country must reduce poverty, control pollution and reduce risks, challenges he described as "three tough battles" for the economy, as policymakers push for reforms and innovation this year.
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India Jumps 30 Places In Ease of Business, PM Modi Says 'Historic': 10 Points
India has jumped a massive 30 places to 100 in the World Bank's ease of doing business rankings this year, driven by reforms in access to credit, power supplies and protection of minority investors. Prime Minister Narendra Modi, who wants the country in the top 50 on the index, called the achievement "historic". India is closing the gap with China ...
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India's Slower GDP A 'Nasty Surprise', 'Self-Goal', Says Chinese Media
A state-run Chinese daily said today that India has suffered a setback and a "nasty surprise" in the "elephant versus dragon" race as its GDP growth slowed down in the January-April quarter helping China re-emerge as the fastest growing major economy. Calling it a "self-goal" by the government, Global Times hoped India will not score any more "own ...
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Another Downgrade Possible For China, Says Moody's
China may no longer get an A1 rating if there are signs that debt is growing at a pace that exceeds Moody's expectations, Li Xiujun, vice president of credit strategy and standards at the ratings agency, said in a same webcast.
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PM Narendra Modi Inaugurates Raisina Dialogue In Delhi: Highlights
Prime Minister Narendra Modi today told 65 nations participating in the flagship geo-political conference "Raisina Dialogue" that reform would not be enough "unless it transforms economy and society".
-
China's Third Plenum Addresses Economic Challenges, Sets Long Term Reforms
China's ruling Communist Party commenced its so-called third plenum on Monday, a major meeting held roughly once every five years to map out the general direction of the country's long-term social and economic policies.
-
Morgan Stanley Upgrades India's Status To 'Overweight', Downgrades China
Brokerage firm Morgan Stanley has changed India's status to 'overweight' as it believes that the nation's reform and macro-stability agenda supports a strong capex and profit outlook.
-
How Indian Economy Fares Globally Ahead Of Union Budget 2020
India and China had the same GDP in 1950 and China's GDP per capita lagged countries such as Cambodia, Kenya and Sierra Leone as late as the 1960s. China witnessed a meteoric rise from the late 1970s to become the world's second largest economy, next only to United States, as the path-breaking reforms initiated by Deng Xiaoping propelled the largel...
-
Simplified Taxation Regime Vital For Improving Revenue Flows: Industry Body CII
In the pre-Budget consultation meeting with Union Finance Minister Nirmala Sitharaman, the Confederation of Indian Industry (CII) suggested 10 reform ideas to boost economic growth. According to a government data, country's GDP or gross domestic product grew 5.8 per cent in the January-March period. With that, India lost its position as the fastest...
-
China Made Steady Progress, Policies In Place To Check Risks: Xi Jinping
Playing down concerns over economic slowdown in China amid the intense trade war with the US, President Xi Jinping on Sunday said the world's second largest economy has made "steady" progress as his government took new steps for reforms and opening-up of economy to avert major risks.
-
G20 Sealed Landmark Deal On WTO Reform By Ducking "Taboo Words"
Many delegates from the world's 20 largest economies arrived at a summit in Argentina this week determined to clinch an agreement to reform the global trade system, pushed to a breaking point by tensions between the United States and China.
-
Chinese President Xi Pledges To Foster World-Class Business Environment
President Xi Jinping on Monday pledged to widen access to China's economy, while delivering a veiled rebuke to Trumpism, as he kicked off an import fair amid growing foreign accusations his government was backtracking on grand reform promises. Xi said China would "step up" efforts to stimulate imports, lower tariffs, ease customs clearance procedur...
-
Amid US Trade War, China's Xi Jinping Reiterates Reform Commitment
China is still determined to reform and wants to work with all parties to build an open world economy, Chinese President Xi Jinping said on Sunday, reiterating Beijing's message amid a bitter trade war with Washington.
-
"India Will Be Source Of Global Growth For Next 30 Years", Says IMF
India is a source of growth for the global economy for the next few decades and it could be what China was for the world economy, the IMF said today, as it suggested the country to take steps towards more structural reforms.
-
India "Substantially Above Board" than China: Trump Jr On Doing Business
Donald Trump Junior, the eldest son of US President Donald Trump, today said India is "substantially above board" for business compared to China, and reforms underway will help attract investments to Asia's third-largest economy from countries as the US
-
China Must Win 'Three Tough Battles' While Pursuing Reforms: Chinese Premier Li Keqiang
Chinese Premier Li Keqiang said the country must reduce poverty, control pollution and reduce risks, challenges he described as "three tough battles" for the economy, as policymakers push for reforms and innovation this year.
-
India Jumps 30 Places In Ease of Business, PM Modi Says 'Historic': 10 Points
India has jumped a massive 30 places to 100 in the World Bank's ease of doing business rankings this year, driven by reforms in access to credit, power supplies and protection of minority investors. Prime Minister Narendra Modi, who wants the country in the top 50 on the index, called the achievement "historic". India is closing the gap with China ...
-
India's Slower GDP A 'Nasty Surprise', 'Self-Goal', Says Chinese Media
A state-run Chinese daily said today that India has suffered a setback and a "nasty surprise" in the "elephant versus dragon" race as its GDP growth slowed down in the January-April quarter helping China re-emerge as the fastest growing major economy. Calling it a "self-goal" by the government, Global Times hoped India will not score any more "own ...
-
Another Downgrade Possible For China, Says Moody's
China may no longer get an A1 rating if there are signs that debt is growing at a pace that exceeds Moody's expectations, Li Xiujun, vice president of credit strategy and standards at the ratings agency, said in a same webcast.
-
PM Narendra Modi Inaugurates Raisina Dialogue In Delhi: Highlights
Prime Minister Narendra Modi today told 65 nations participating in the flagship geo-political conference "Raisina Dialogue" that reform would not be enough "unless it transforms economy and society".
