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According to Richard Gibbs of Macquarie Securities reduced crude prices goes in favour of the Indian economy and gives RBI a scope for monetary accommodation Richard Gibbs Global HD, Macquarie More about the Expert Richard Gibbs, Global Head of Macquarie Securities is upbeat on India because he thinks there is room for structural expansion and the demand is much better than anywhere else in the world. According to him reduced crude prices goes in favour of the Indian economy and gives RBI a scope for monetary accommodation. It is also likely to produce some tailwind for the global economy. "It certainly provides latitude on the trade side but also in terms of the inflation side for the economy as well." The house remains a buyer on India. What is the sense you are getting. Are we now facing a fairly big challenge to global growth and therefore are risk assets going to head lower? A: I think the International Monetary Fund (IMF) is articulating that fairly well as we move into the IMF World Bank annual meeting in the next few days. It really is a case where the US is I suppose the best if you see IMF's parlance and that's for investors who have been searching for growth is a disappointment. So, now I suspect we are going to have people turning back towards in search for yield and that has become difficult as well with the expansion in quantitative easing measures around the world but most particularly by the European Central Bank of course. At the end of the day lower crude prices are probably growth positive and the issue there is whether they pertaining further disinflationary pressure/deflationary pressure in the major economies. Certainly for an economy like India, cooling in crude prices is a positive. It certainly provides latitude on the trade side but also in terms of the inflation side for the economy as well. It's a bit of a two-edged sword as I suppose in that sense but overall lower crude prices are likely to produce some tailwind for the global eco

Currently, the global stainless steel industry is going through difficult times, as prices of raw materials are increasing on one hand, and at the same time demand has been on a declining trend. Profitability of both manufacturers and traders of pipes and plate products have reduced significantly compared to the past two years. I have been speaking to many traders of pipes, plates and fittings about their business conditions and the most common answer I get is "Current business is even worse than what we experienced in the recession of 2008". It is not just the case with European or US manufacturers of stainless steel products, the effects of declining demand is being even faced by Chinese and Asian manufacturers. Nickel and ferro chrome prices are the driving factor for determining prices of stainless steel products. While, Nickel prices on the London Metal Exchange have been very volatile, ferro chrome prices have been recently increased by 12.5% by miners across economies. On account of an increase in ferro chrome prices, some manufacturers have already announced an increase in prices, while others are planning to increase the prices. Stockholders and buyers of products such as stainless steel sheets, plates, pipes, bars, fittings and flanges have been become highly risk averse and cautious while placing purchase orders with mills, especially in case of Asian stock holders who import these products from Chinese or Indian mills. The global speculation activity in metals has had a major impact on the buying patterns of consumers in Asian economies. Going forward, we expect the market to remain lack luster, with buyers staying on the back seat and purchasing in smaller quantities, to avoid major losses due to fluctuations in prices of Nickel and other raw materials. Although prices in the Indian market have remained stable, but selling big quantities of stainless steel plates, pipes and fittings has become difficult because of the risk averse attitude of traders

Concerns of a slowdown in the Chinese economy led to a selloff in major base metals including copper, aluminium and nickel. Even precious metals such as gold and silver were not spared. The key question is who to trust at times when gold is also on a freefall. This week global financial markets started with another round of selling, as investors turned risk averse following disappointing Chinese economic data. The Chinese Economy grew 7.7% during the first quarter of 2013, compared to the same period last year, missing economists' expectations of 8% growth. Growth also slowed compared to the last quarter of 2012, when it stood at 7.9%, raising expectations of a slowdown in the Chinese economy, which is a bearish signal for the global financial markets, especially base metals. Growth in Chinese industrial production also disappointed, with a reading of year on year growth of 8.9% in March compared to a 9.9% growth recorded in the previous month. Markets were expecting a growth of 10.0 year on year. Traders had expected China to post better results, as consumer spending had improved and Chinese government had also infused liquidity in the domestic financial system to aid growth. We expect the Chinese government to avoid a monetary tightening policy to aid growth in the coming months. Nickel prices were trading at around USD 15,500 / metric ton down around USD350 compared to the closing on Friday. The fall in nickel prices and weak Chinese economic data has come as a surprise to many stainless steel users and stockholders in emerging economies, as they had made material bookings for stainless steel seamless pipes, Stainless Steel Pipe Fittings and stainless steel strips in the last week,. They had anticipated Nickel prices of USD16000 / metric ton as bottom pric

Finance Minister Pranab Mukherjee on Wednesday said India had recovered from the global financial meltdown and the economy was in far better shape than it was a year ago to clock high growth.

Prime Minister Manmohan Singh said Wednesday the Indian economy would grow at 8.25 percent in the current fiscal, but this will have little meaning unless there is equitable growth.

The industrial economy is expected to look down, with growth paring from 10 percent in 2009-10 to 9.2 percent in 2010-11, the growth in agriculture & allied services and services is forecast to turn in a better performance, leading economists have forecast in FICCI's Economic Outlook Survey.

Prime Minister Manmohan Singh on Thursday said that the economy can get back to 9 percent growth path soon, adding that the country's highly entrepreneurial private sector and rich human resources can play a crucial role to boost the recovery process.

Hoping that India's growth rate would climb back to between 8.25 and 8.75 percent in 2011, Finance Minister Pranab Mukherjee Saturday indicated that the government might withdraw some of the stimulus measures announced during the economic meltdown.

The Biofortification Market is projected to grow at a CAGR of 8.6% The biofortification market is estimated at USD 78 million in 2018, and projected to grow at a CAGR of 8.6%, to reach USD 118 million by 2023. The growth of the biofortification market is driven by the rise in funds for agronomic practices and technological advancements. A key driver for the market's growth is the increasing use of high nutritional content in foods due to increasing consumer awareness about healthy diets. Africa is projected to be the fastest-growing regional market. Asian countries, especially India, have emerged as leading destinations, thereby facilitating the market shift from developed economies to developing economies. One of the major restraints in the growth of the biofortification market is low awareness about the benefits of biofortified crops.

A report titled "Electric Cars Market: Opportunity Analysis and Future Assessment 2022-2030" has been added on Reports and Insights. In the market analysis 2022, the economic outlook is screened from driving factors to upstream markets and the comprehensive status of the market. An in-depth evaluation of the entire growth vistas for the overall and regional market is offered which is primarily based on a thorough evaluation of leading industry players, primary and secondary data.  The global electric cars market is estimated to reach at a value of US$ 7.1 Bn by the end of 2020 and expected to reach at a value of US$ 172.5 Bn by 2028 with a significant CAGR of 49.1% Request a Sample Copy of this Report @: https://reportsandinsights.com/sample-request/1362 Electric Cars Introduction The concept of electric cars is not something new. Noticeably, the automobiles, equipped with an electric motor, were manufactured before inventing cars with an internal combustion engine. The initial models of vehicles, which were created in 1830-1840 used to be deceptive and ponderous units which moved at extremely low speed. In present times, even more, than a century later, polluting petrol and diesel cars still dominate sales worldwide but fortunately there are hopeful predictions that year 2021 could prove the start of an enduring electric future. Although in recent decades, the idea of electric cars has advanced at an accelerated pace. In the modern-day world, electric cars are considered more than a peculiar means of transit. They have been acknowledged as a crucial core element of the energy transition. Electric vehicles have been identified as being a leading technology in depleting future harmful emissions and energy consumption in the automobile sector. Electric cars operate at least on electricity to some extent. In contrast with the conventional vehicles that employ a diesel or gasoline-powered engine, electric cars use an electric motor powered by electricity from

The Indian economy will grow at 8.5 percent during the next fiscal, even as the government will do everything possible to ensure a mid-term target of 10 percent annual expansion, Prime Minister Manmohan Singh said on Tuesday in New Delhi.

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The most recent published by Reports & Insights termed as "Polymer Additives Market: Opportunity Analysis and Future Assessment 2022-2030" provides exclusive information about the market, covering in-depth data about future market opportunities and prospects along with the possible challenges. It further mentions recent trends and impact of various factors which affects the growth of Polymer Additives Market. Moreover, the report also thoroughly states about the leading players competing in the market for the interest of its readers. Request To Download Sample of This Strategic Report: https://reportsandinsights.com/sample-request/2918 Polymer Additives Market Overview: As per Reports and Insights Analysis, the global polymer additives market size is estimated for US$ 49.0 Bn in 2022 and is projected to register a CAGR of 5.3% to reach US$ 74.6 Bn by 2030 end. Polymer additives are materials that are added to polymer matrix to improve polymers processing capabilities, increase the product's shelf life, or satisfy a particular end-use requirement. They are included in order to provide smooth surfaces, ease processing, support optical qualities, and offer anti-aging benefits. Due to advancements in additives like bio-based compounds and green chemistry, which will make the substances more suitable for usage, the industry is expected to alter. The market for polymer additives is boosted by the expansion of the packaging industry as a result of globalization and lifestyle changes. The market for polymer additives is expanding as a result of rise in plastic consumption and the rapidly expanding industrial sector in emerging economies. Polymer Additives Market Dynamics and Market Trends: Market Drivers: Due to high-end applications and usage in the packaging and automotive industries, the market is significantly growing. The market is intended to grow as a result of the conductivity properties of carbon nanotubes and nano-fiber. Demand for commodities is ri

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Despite the global slowdown, two way trade of India-Czech Republic has witnessed a significant growth of 5 percent in 2009-10 as compared to the previous fiscal, said D P Srivastava, Ambassador of India, Czech Republic in New Delhi recently.

Finance Minister Pranab Mukherjee has called for imparting a fresh momentum to the impressive economic recovery witnessed in the past few months and take the country on the path of double-digit growth.

"The global omega 3 market size is projected to reach USD 3.77 billion by 2025 registering a CAGR of 7.4%. Rising product usage in the Active Pharmaceutical Ingredient (API) market is among the major driving factors for the omega 3 market. Moreover, rising population in emerging regions, most notably in Asia Pacific, has complemented the growth of this market. In addition, technological advancements pertaining to the manufacturing of APIs among other highly potent active ingredients will drive the market further. In addition, rapid growth of the dietary supplements market is projected to bolster the product demand. Omega 3 is being increasingly used in the dietary supplements as it can significantly reduce the risk of cardiovascular and heart diseases. Moreover, it can also reduce the risk of arrhythmias or abnormal heartbeats. Furthermore, it helps slow down the growth of atherosclerotic plaque while lowering the levels of blood pressure. In addition, rising disposable incomes, especially in middle class population in emerging economies of China and India, will augment the demand further."

Finance Minister Pranab Mukherjee has said that the government was sticking to an estimated 7.2 percent growth rate for this fiscal (2009-10) and 8.5 percent for 2010-11.

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"The global women wear market size is expected to reach USD 1,913.88 billion by 2025. It is projected to register a CAGR of 4.2% during the forecast period. Rising fashion consciousness, constantly changing trends coupled with strong inclination towards following these trends are the key factors driving the market. Furthermore, increase in the number working women leading to increased spending on apparels is anticipated to drive the growth. Asia Pacific is expected to register the fastest CAGR of 5.5% from 2019 to 2025. This region is expected to witness significant demand in the forthcoming years due to increasing awareness among women to keep up with the latest fashion trends, rise in disposable income, and increasing investments by foreign brands in the form of new outlets. Availability of women wear by local manufacturers and designers at a cheaper rate is expected to remain a prominent factor in benefiting the growth. The market is mainly driven by the presence of strongly developing economies such as China and India, where the spending power of the population is also witnessed rising rise."

Six key sectors of the economy grew 4.5 percent in February, slower than the 9.4 percent in the previous month, official data showed Friday.

With the economy witnessing gradual recovery from the global meltdown, the country's corporate sector should go for redefining their corporate social responsibility and accountability, said Salman Khurshid, Minister of State for Corporate Affairs and Minority Affairs (Independent Charge), in New Delhi on Wednesday.

Recovering rapidly from the global financial crisis, India is poised to grow at 8 percent this year, but inflation and excessive capital flows could pose a challenge, a gathering of world finance ministers was told on Saturday.