Emerging Economies

India has outperformed the US markets and emerging markets are, on average, growing at double the rate of developed economies, ace investor Mark Mobius has said.

In a report, IOSCO noted that even in 2022, when the crypto sector's valuation fell below $1 trillion (roughly Rs. 1,67,09,363 crore), retail investors continued to invest in crypto assets. This trend was observed not only among retail investors in advanced economies but also among those in emerging markets.

India is likely to soon overtake China as the most influential in a key emerging markets index, pulling in more foreign funds and adding fuel to a stock market rally that is "only past the halfway mark", Morgan Stanley said.

The OKX crypto exchange is looking to drive web3 adoption in emerging economies piggybacking on the popularity of smartphones. To do so, it has teamed up with African tech startup Jambo. The crypto exchange will be integrating its wallet and exchange apps with JamboPhone to offer users easy access to Web3.

The Academy of Blockchain and AI Innovation (ABAII) was recently launched in Vietnam to educate tech students on the potential use cases of blockchain and AI in sectors like banking, data analysis, as well as digital economy and finance. Vietnam is ramping up efforts to join other Asian nations like India, Japan, China, and South Korea in exploring...

Pointing out the sustained growth of the Indian economy over the past decade, European Parliament think tank expert Angelos Delivorias said that India's GDP growth exceeding that of China reflects New Delhi's emergence as a formidable economic power.

The IMF announced Tuesday it has raised its 2024 global growth forecast to 3.1 per cent, citing unexpected "resilience" in major advanced and emerging market economies around the world.

In a major accomplishment for the government led by Chief Minister Yogi Adityanath, Uttar Pradesh has emerged as the second-largest economy of India.

Prime Minister Narendra Modi underlined that when India is emerging as the biggest economy in the world, everyone can see a better future for themselves in it.

Finance Minister Nirmala Sitharaman on Wednesday said India is expected to overtake Japan and Germany to emerge as the third largest economy in the world by 2027.

Welcoming JPMorgan's decision to include India in its widely-tracked emerging market debt index, the government said it shows confidence in the Indian economy, its potential and growth prospects, and its economic policies.

BRICS leaders have agreed to expand the club of major emerging economies and adopted conditions for entry, South Africa said Wednesday, as the bloc pursues greater clout to shape the world order.

China on Tuesday threw its weight behind plans to expand the loosely-defined BRICS club of large emerging economies, which is seeking to assert its political and economic clout on the global stage.

The BRICS summit opened in South Africa on Tuesday as the loosely-defined club of large emerging economies seeks to assert its voice as a counterweight to the Western-led international order.

Countries around the world are battling heatwaves and floods fuelled by El Nino, a naturally occurring climate phenomenon that has a 90% probability of persisting in the second half of 2023, according to the World Meteorological Organization.

India has outperformed the US markets and emerging markets are, on average, growing at double the rate of developed economies, ace investor Mark Mobius has said.

In a report, IOSCO noted that even in 2022, when the crypto sector's valuation fell below $1 trillion (roughly Rs. 1,67,09,363 crore), retail investors continued to invest in crypto assets. This trend was observed not only among retail investors in advanced economies but also among those in emerging markets.

India is likely to soon overtake China as the most influential in a key emerging markets index, pulling in more foreign funds and adding fuel to a stock market rally that is "only past the halfway mark", Morgan Stanley said.

The OKX crypto exchange is looking to drive web3 adoption in emerging economies piggybacking on the popularity of smartphones. To do so, it has teamed up with African tech startup Jambo. The crypto exchange will be integrating its wallet and exchange apps with JamboPhone to offer users easy access to Web3.

The Academy of Blockchain and AI Innovation (ABAII) was recently launched in Vietnam to educate tech students on the potential use cases of blockchain and AI in sectors like banking, data analysis, as well as digital economy and finance. Vietnam is ramping up efforts to join other Asian nations like India, Japan, China, and South Korea in exploring...

Pointing out the sustained growth of the Indian economy over the past decade, European Parliament think tank expert Angelos Delivorias said that India's GDP growth exceeding that of China reflects New Delhi's emergence as a formidable economic power.

The IMF announced Tuesday it has raised its 2024 global growth forecast to 3.1 per cent, citing unexpected "resilience" in major advanced and emerging market economies around the world.

In a major accomplishment for the government led by Chief Minister Yogi Adityanath, Uttar Pradesh has emerged as the second-largest economy of India.

Prime Minister Narendra Modi underlined that when India is emerging as the biggest economy in the world, everyone can see a better future for themselves in it.

Finance Minister Nirmala Sitharaman on Wednesday said India is expected to overtake Japan and Germany to emerge as the third largest economy in the world by 2027.

Welcoming JPMorgan's decision to include India in its widely-tracked emerging market debt index, the government said it shows confidence in the Indian economy, its potential and growth prospects, and its economic policies.

BRICS leaders have agreed to expand the club of major emerging economies and adopted conditions for entry, South Africa said Wednesday, as the bloc pursues greater clout to shape the world order.

China on Tuesday threw its weight behind plans to expand the loosely-defined BRICS club of large emerging economies, which is seeking to assert its political and economic clout on the global stage.

The BRICS summit opened in South Africa on Tuesday as the loosely-defined club of large emerging economies seeks to assert its voice as a counterweight to the Western-led international order.

Countries around the world are battling heatwaves and floods fuelled by El Nino, a naturally occurring climate phenomenon that has a 90% probability of persisting in the second half of 2023, according to the World Meteorological Organization.