The India M-Commerce Insights Report said that the market is getting structured as a ladder between `Leaders’, `Challengers’ and `Strugglers’. While Flipkart and Amazon lead as the most engaged platforms, Club Factory is growing up fast among Challengers. … [Read more...] about Club Factory Emerges Top Challenger to Amazon, Flipkart: TechArc Report
Addressing the tax challenges of the digital economy
The leading indicators for September showed that among the major economies, it was only India that showed growth gaining momentum. Growth was stable in the US, China and Japan, while Russia and Germany showed signs of easing growth momentum. The other big economies such as the UK, France, Brazil showed easing growth. Overall, the balance was still tilted towards stable growth momentum. … [Read more...] about Opinion | Can Trump heroically bring the world economy back from the brink?
The chart shows that China’s re-balancing away from investment and export-driven growth is well underway. In 2018, the main driver of growth was consumption, which contributed 4.6 percentage points to the estimated 6.5 percent GDP growth. But December’s contraction in imports suggests that all is not well with consumption demand in China. That has already been shown by car sales, which contracted in 2018 for the first time since the nineties. … [Read more...] about Opinion | China faces two options: Domestic stimulus or trade truce with US
Nevertheless, it’s very likely that central banks will once again ride to the rescue. For several reasons: one, they have done so for far less reason; two, they will say it is necessary to keep confidence up; and three, it takes several months for a monetary stimulus to be effective, so cutting early may help the economy recover once the impact of the virus ebbs -- of course, that will also fuel the mother of all market rallies then. More importantly, central bank action may be needed to ensure that small businesses do not fold up and that banks relax their norms for classifying loans as bad. … [Read more...] about Moneycontrol Pro Weekender: Time to pay the bill?
Keeping in touch is a good practice. But when it comes to persistent insurance salespersons, maintaining a safe distance looks like a better option at least on WhatsApp.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 Your insurer just wants to ‘keep in touch’