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One Year On: India PM Narendra Modi Addresses The Nation On Economic Issues
Text of PM’s letter to the people on economic issues. My dear fellow citizens, One year ago, you had entrusted me with the task of building a new India and putting a derailed economy back on track. We have achieved a lot. Economic growth has been revived, and is amongst the fastest in the world. … Continue reading
BofAML Is Positive On Indian Equity Market Over 6 To 9 Months
Thanks to weak earnings, Indian equity markets will give a flat to slightly negative return near term, but over the next 6 to 9 months, BofAML analysts remain positive. Anand Kumar and team at Bank of America Merrill Lynch in their May 20, 2015 research report titled: “Year II: How to position” anticipate banks will … Continue reading
India: More On The Union Budget, Participation In NWO Architecture
“Indian Finance Minister Arun Jaitley on Saturday announced a budget that put boosting growth before painful reforms, slowing the pace of fiscal deficit cuts and seeking to put domestic and foreign capital to work,” Reuters reported last week. The Finance Minister said that gross domestic product (GDP) growth would accelerate to between 8 and 8.5 … Continue reading
Narendra Modi And Michael Bloomberg Announce Partnership To Advance The Smart Cities Initiative
Prime Minister, Shri Narendra Modi, and former Mayor of New York City, Mr. Michael Bloomberg, on February, 16th announced a partnership between Bloomberg Philanthropies and the Ministry of Urban Development, Government of India, to advance the “Smart Cities Initiative.” The Smart Cities Initiative is a historic effort to promote economic growth, improve governance, and deliver more … Continue reading
Narendra Modi: Meeting With Takehiko Nakao, President Of The Asian Development Bank
The President of Asian Development Bank, Mr. Takehiko Nakao, called on the Prime Minister, Shri Narendra Modi, February, 5th. The Prime Minister urged Mr. Nakao that the Asian Development Bank should take up the Railways sector in India as a priority, and complete one transformational project which will create a visible impact. He suggested that … Continue reading
Modi’s Plan For Reform Down To The NITI Gritty
By M. Govinda Rao The Planning Commission is dead: long live the National Institution for Transforming India (NITI). The role and remit of India’s new planning institution has been under debate ever since Prime Minister Narendra Modi in his Independence Day address announced the demise of the Planning Commission. In the Cabinet Resolution passed on 7 … Continue reading
Philippines Remittances, India, and Poland
By EM Bits November Philippine overseas remittances were the lowest since January 2009 Bonds in India continue their downtrend National Bank of Poland meets and is expected to keep rates steady at 2.0% November Philippine overseas remittances were the lowest since January 2009. Remittances are estimated to account for around 10% of domestic consumption, so … Continue reading
India Laying Foundation For Even Faster Economic Growth, World Bank President Says
By The World Bank World Bank Group President Jim Yong Kim said India is pursuing reforms that could accelerate growth in its economy and this could more rapidly reduce poverty and spread prosperity to more people in the country who are marginalized and vulnerable. Speaking at the “Vibrant Gujarat” conference, Kim praised Prime Minister Narendra Modi and … Continue reading
Philippines ETF Remains An Emerging Markets Star
By Todd Shriber After finishing lower for a second consecutive year in 2014, diversified emerging markets exchange traded funds are off to decent though not spectacular starts in 2015. Off to a more impressive start than broader peers, such as the iShares MSCI Emerging Markets ETF (NYSEArca: EEM) and theVanguard FTSE Emerging Markets ETF (NYSEArca: … Continue reading
Very Different Protests in India and Brazil
By EM Bits (A stranger in the city asks questions no one has asked before. Known only by his initials, P.K.’s innocent questions and childlike curiosity will take him on a journey of love, laughter and letting-go.) India is facing two very different protests. First, the coal unions will start a 5-day strike against a … Continue reading
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