Subsequent Fed governors have continued with Greenspan’s policies. The upshot: total debt to the US non-financial sector, as a percentage of GDP, is now higher than what it was before the financial crisis. Similarly, total debt to the US non-financial corporate sector is also higher than it was during the crisis. It’s no wonder then that the markets are worried about the impact of tightening liquidity. … [Read more...] about Opinion | What spooked global markets?
The year 2018 gave us a rude reminder of how important low crude oil prices are to the health of the Indian economy. Putting it crudely, when crude prices fall, we get a boost to growth; when they rise, the current account deficit widens, the rupee falls, prices rise, growth falters and foreign investors desert our shores like rats fleeing from a sinking ship. The high price of crude was an important reason why the UPA-II government wobbled in its final years and it was a big reason why the economy did so well under the current government in 2014-15 and 2015-16. The IMF has estimated windfall gains for India from the fall in crude oil prices were a cumulative 4 percent of GDP in 2015 and 2016. … [Read more...] about Opinion | Economic outlook for 2019: Will the elephants in the room turn out to be mice?
Jaime Gonzalo, Huawei's VP of European mobile services stressed that Huawei is attempting to build a more privacy-focused app ecosystem that will churn out fewer ads and notifications. Gonzalo said; “This is very good from a privacy perspective”. However, he also added that developers would be able to market their apps on home screens. … [Read more...] about Huawei to spend $26 million to lure developers to build apps on its new app store
While Qualcomm is yet to unveil its 600 series 5G chips, the MediaTek Dimensity 800 is expected to arrive for affordable smartphones in 2020. In the Chinese market, phones priced at as low as $200 (Roughly Rs 14,200) will have 5G connectivity by Q4 this year.Get access to India's fastest growing financial subscriptions service Moneycontrol Pro for as little as Rs 599 for first year. Use the code "GETPRO". Moneycontrol Pro offers you all the information you need for wealth creation including actionable investment ideas, independent research and insights & analysis For more information, check out the Moneycontrol website or mobile app. … [Read more...] about Chinese analysts expect 20% of world’s smartphones to support 5G by 2020