In many ways then, it’s crunch time for China. Very likely, China’s leadership will have no way out but to delay the inevitable by going in for another round of stimulus. All the more reason for them then to push for a truce to the trade war.Subscribe to Moneycontrol Pro's Annual plan for Rs 399/- for the first year. Use coupon PRO2020 (Available on Web & Android only). … [Read more...] about Opinion | China faces two options: Domestic stimulus or trade truce with US
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Q: Does it not make political sense for the RBI to cut interest rates?A: It doesn’t. Monetary policy operates with long lags and a 25 basis point rate cut at the RBI’s meeting on February 7 is unlikely to cut much ice before the elections. The government knows this, which is why it is concentrating on schemes that will give more bang for the buck, such as making banks give more loans to small businesses. … [Read more...] about Quick Take | 6 questions answered by inflation numbers
The 15th Edition of CNBC-TV18's India Business Leaders Awards was held on the night of February 28 in Mumbai. The event saw the who's who of the corporate world in attendance, with awards presented by Union Finance Minister Nirmala Sitharaman and Maharashtra Chief Minister Uddhav Thackeray. … [Read more...] about CNBC-TV18 India Business Leaders Awards 2020: Here’s the full list of winners
However, being an advertising company, Facebook is dependent on overall economic growth. And with recessionary fears looming large, big corporates are expected to cut their advertising spends. With that said, Facebook caters to a varied audience, consisting of both small and big advertisers, some of whom have not been impacted by coronavirus just yet. … [Read more...] about As coronavirus halts US stocks’ rally, can FAANG offer safe place to investors?
The GDP data, announced on Friday, indicate that the Indian economy continues to be very weak. The second advance estimates for the current fiscal year keep real GDP growth at 5 percent, the same as in the first advance estimates. But there’s a twist -- the GDP growth rate for 2018-19 had been revised down from 6.8 percent to 6.1 percent. So the second advance estimate’s 5 percent growth rate is on top of a 6.1 percent growth, while the first advance estimates 5 percent growth rate was on top of a 6.8 percent growth. In other words, growth is now estimated to be weaker than earlier. … [Read more...] about Moneycontrol Pro Weekender: Time to pay the bill?