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Low crude prices good for India and indian stock market - 0 views

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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
vinodjain873

Stainless Steel Pipe Fittings - Stockholders See Weakening Demand, On Rising Uncertainty - 0 views

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    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
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    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
bloggerent

The storm is coming? U.S. economy has sounded a recession alarm - 0 views

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    U.S. economy has sounded a recession alarm. Economists believe that the current low unemployment rate and rising inflation rate in the United States will induce the Fed to raise interest rates to cool the overheated economy. This will frustrate investor and consumer confidence and trigger the US
The Dollar Business

Despite key risks, global economy to grow at 2.7% this year: W - 0 views

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    World Bank on Sunday kept unchanged its forecast for growth of global economy at 2.7% for 2017 and 2.9% for 2018, amid pick up in manufacturing and trade and improved confidence. The world economy is set to register a strong growth in 2017, in view of improving global trade and improved performance by major emerging economies, but substantial uncertainties could still loom over the outlook, said the World Bank.
anonymous

Economy 'not yet out of woods': US Fed chief - 0 views

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    The US economy seems to be recovering but it is "far from being out of the woods," Federal Reserve Chairman Ben Bernanke said on Wednesday.
anonymous

Economy to get back to 9 pc growth: PM - 0 views

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    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.
pboplus

How COVID-19 is affecting business and supply chain - 0 views

The analysis by the organizations is showing the shocking parameters of the global supply chain and global trade. Due to complete lockdown in many countries, economists have reported a heavy fall i...

Coronavirus effects

started by pboplus on 02 Jun 20 no follow-up yet
mohit munjal

E-Commerce Business in Dubai Review - YouTube - 0 views

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    Ecommerce License in Dubai will enable a company to undertake selling of goods via the internet and collect online payments in return for the product sale. The scope of Ecommerce business can be expanded to international markets and diverse categories depending on the company's business plan and nature of business. The key aspects of Ecommerce License from Dubai Economy is the flexible option to rent an office space anywhere in the mainland of UAE. Also, E-commerce License from Dubai Economy will enable the investor to rent a warehouse anywhere in the mainland of Dubai to store the goods for e-commerce sales. However, for a foreign investor to obtain an e-commerce License from the Dubai Economy, the appointment of a Local Service Agent for a yearly fee is part of the requirement from Dubai Economy. For more detail
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    E-Commerce Business in Dubai Review - YouTube
anonymous

US Economy Grew 3.2 Percent in First Quarter - 0 views

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    The US economy grew at an annual rate of 3.2 percent in the first three months of 2010, according to the US Commerce Department's first estimate released Friday, extending the US recovery from a deep recession in 2009.
anonymous

Currency crisis likely to hit global economy: Expert - 0 views

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    While the global economy is recovering swiftly from the worst financial crisis the world has seen since the Great Depression, an expert has warned about another crisis - a currency crisis.
aado lfst01

The Gigs & Side Hustles Economy: Market Analysis Report - Bharat Book Bureau -Market Re... - 0 views

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    The Gigs & Side Hustles Economy: A Market Analysis report examines the fast-growing "gig" economy-what it is, how it works, who the leaders are, and why it has grown. Gigs, or short-term, part-time jobs, have become a lot more popular among U.S. consumers, many of whom were hurt by the Great Recession and want to diversify their income streams. Technology has played a big part, as mobile apps and online platforms have made it much easier to connect with customers and get paid quickly.
posteeze

Top 10 Tycoons That Changed Indian Economy !! - 0 views

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    Today India's economy is growing very fast. A number of companies and organizations have played an important part in boosting India's economy.Beside this, there are some famous CEO's who play very important to changed Indian economy.
The Dollar Business

'Achieving $1 trillion digital economy is not a tall claim. Why wait - 0 views

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    The IT industry should help India build a $1 trillion digital economy within four years by creating affordable technology and an inclusive environment, Union Minister Ravi Shankar Prasad said today at the High Level Round Table with Pioneers of Industry for developing the roadmap for 'One Trillion Dollar Digital Economy of India', organised by MeITY, in New Delhi.
melvinjacobh

Personal Outsourcing - The What, Why, and How of It - Personal Outsourcing - 0 views

  • Personal Outsourcing
  • The What, Why, and How of It
  • Outsourcing has been shaping economies for decades – both of the nations that give tasks to be outsourced and the ones that receive them. Now the interesting part – it’s not just businesses that leverage outsourcing to save time, cost, and effort. Individuals constitute a big chunk of the outsourcing pie and they are actively leveraging the concept to do what seems otherwise impossible in today’s hectic world i.e. striking the perfect work-life balance. Personal outsourcing – the art of delegating non-core tasks to a personal assistant, mostly virtual is a concept that marks the future of outsourcing. Recent studies reveal that 34% of the global workforce now freelances, and thanks to a growing ‘gig-economy’ countless start-ups have emerged to tap into the potential of putting these millions to work by offloading the drudgery filled tasks of our daily lives.
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    "Outsourcing has been shaping economies for decades - both of the nations that give tasks to be outsourced and the ones that receive them. Now the interesting part - it's not just businesses that leverage outsourcing to save time, cost, and effort. Individuals constitute a big chunk of the outsourcing pie and they are actively leveraging the concept to do what seems otherwise impossible in today's hectic world i.e. striking the perfect work-life balance. Personal outsourcing - the art of delegating non-core tasks to a personal assistant, mostly virtual is a concept that marks the future of outsourcing. Recent studies reveal that 34% of the global workforce now freelances, and thanks to a growing 'gig-economy' countless start-ups have emerged to tap into the potential of putting these millions to work by offloading the drudgery filled tasks of our daily lives."
Equities Group

Myth No. 4: Can Import Tariffs Really Save the U.S. Economy? - 0 views

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    Can tariffs on foreign imports really save the U.S. economy? In this edition of his financial myths series, Michael McTague breaks down this idea.
Equities Group

How Far Must the Economy Recover for Obama to Win Reelection? - 0 views

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    The main issue facing voters during the lead-up to November's election is the economy, but will the current recovery prove sufficient to save Obama's second term?
Equities Group

Is South Africa's Growing Economy a True Emerging Market? - 0 views

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    Emerging economies are due to expand at a much faster rate than the developed world over the next decade, and South Africa may be poised to be lead the way.
Aakriti Ghai

China registers 7.8 percent growth - 0 views

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    China's economy is back on growth. It has registered 7.8 percent growth. People thank to Premier Li Keqiang's stimulus program to spur factory output.
anonymous

Growth Without Equity is Meaningless: PM - 0 views

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    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.
anonymous

Economy Recovering But Inflation Still Worrisome: Finance Minister - 0 views

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    Finance Minister Pranab Mukherjee on Wednesday said that despite impressive developments in the Indian economy in the last few months, inflation has remained as the biggest cause for concern for the government.
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