Fortress Economies

Asserting that Indian markets were well 'fortressed' to deal with any major volatility, the government on Thursday said the long-awaited rate hike by the US Federal Reserve will have minimal impact here and should not lead to any large-scale outflow of foreign funds.

India with a "fortress balance-sheet" and strong GDP growth is "very well-equipped" to deal with any volatility that may arise from a gradual interest rate hike by the US Federal Reserve, Minister of State for Finance Jayant Sinha said on Thursday.

China is readying an assault on the "fortress economies" of local governments by creating a super region around Beijing, with proposals that sources suggest will be more aggressive than so far has been publicly revealed.

China is readying an assault on the "fortress economies" of local governments by creating a super region around Beijing, with proposals that sources suggest will be more aggressive than so far has been publicly revealed.

Asserting that Indian markets were well 'fortressed' to deal with any major volatility, the government on Thursday said the long-awaited rate hike by the US Federal Reserve will have minimal impact here and should not lead to any large-scale outflow of foreign funds.

India with a "fortress balance-sheet" and strong GDP growth is "very well-equipped" to deal with any volatility that may arise from a gradual interest rate hike by the US Federal Reserve, Minister of State for Finance Jayant Sinha said on Thursday.

China is readying an assault on the "fortress economies" of local governments by creating a super region around Beijing, with proposals that sources suggest will be more aggressive than so far has been publicly revealed.

China is readying an assault on the "fortress economies" of local governments by creating a super region around Beijing, with proposals that sources suggest will be more aggressive than so far has been publicly revealed.