"A company like ours can help the Indian government in replicating its digital public goods in other emerging economies"
Asia's third-largest economy, which expanded 6.3% in the July-September quarter, is estimated to grow 6.8-7% in the current 2022/23 fiscal year
India's initiatives in digital public infrastructure such as Aadhaar, unique payment infrastructure and direct benefit transfer have been lauded at the G20 Sherpa meeting here, with several members stressing on the "need to replicate the model" in other developing countries, G20 Sherpa Amitabh Kant said. In an interview with PTI, Kant said he also highlighted the digital initiatives taken in the healthcare sector such as the Cowin app for implementing the Covid vaccination drive and Ayushman Bharat scheme that has extended health insurance cover to 500 million people at the first meeting of Sherpa under India's G20 presidency. "So, there was a lot of interest and a lot of appreciation for what India has done. Everybody said that this model needs to be replicated. I think that is one story which will definitely take forward in a big way in the subsequent rounds, he said. With the Ukraine conflict festering on, Kant said all countries were appreciative of Prime Minister Narendra Modi'
Buch calls for independence of emerging economies in ESG matters, carbon credit pricing
Asks these economies to reinstate swap lines with advanced economy central banks
India's current account deficit is projected at 3.5 per cent for 2022, says IMF World Economic Outlook report
Central banks seem to have forgotten that there is one role, viz. controlling inflation, which is solely their responsibility
The IMF has not minced any words when it comes to fiscal policy. It has always advocated tight control over the political inclination to spend now and let someone else worry about the future
Investors looking for an international exposure need to understand various categories of economies and the risks involved. Find out the country categories and the things to note before investing there
While India has raised its key rate by 40 basis points, others like Brazil have increased it by 200 basis points since the Ukraine crisis began
Rise Capital has already invested in two Indian startups, TradeX and SaveIn, both in the fintech space.
IMF Managing Director Kristalina Georgieva has given a stark warning that "war in Ukraine means hunger in Africa"
The IMF reduced its 2022 growth forecasts for the emerging economies in Asia to 5.9% from 6.3% previously in its latest outlook
India rated 7.4 percentage points below the average global value chain participation rate for emerging economies
"Countries with an assured supply of effective vaccines and delivery systems, and high levels of vaccine acceptance by the public, will remain better positioned," Moody's said.
Its failure to agree on climate casts a shadow on COP26
Sees risk of sizeable sell-off in stocks
Uttar Pradesh is changing and it is an emerging economy in the country, Chief Minister Yogi Adityanath said on Wednesday
"With growth comes jobs, with growth and jobs comes recovery."
Consuming nations will bear the cost of pricier energy, potentially fanning inflation and hurting their recoveries