Loading...

India and Egypt rare bright spots amid stalled growth in emerging markets

Image

 Insights

Jan-19 The recovery in emerging market and developing economies has stalled. India is a bright spot where strengthening investment and robust consumption will drive 7.3 percent GDP growth. East Asia remains a fast-growing region but growth will moderate to 6 percent in 2019 as global demand slows and financial conditions tighten. Brazil is forecast to lead Latin America with 2.2 percent growth. And in MENA, while GCC oil exporters accelerate to 2.6 percent growth they will be outstripped by Egypt at 5.6 percent thanks to reforms. [image: World Bank]

Read More

Foxconn plans to manufacture iPhones from Tamil Nadu, India

Image

 Insights

27-Dec-18 Taiwanese contract manufacturer Foxconn will invest well over INR1,500 crore (USD216mn) in new production lines to manufacture certain iPhone models in its factory near Chennai. The project is expected to bring employment of over 25,000 jobs. [image: The Economic Times]

Read More

New e-commerce rules could hit Indian marketplaces

Image

 Insights

27-Dec-18 New e-commerce rules in India will mean no e-commerce player can force a seller to sell exclusively on their platform. They also clamp down on discounts, to curb the practice of predatory pricing, which has hit physical retail hard. [image: AFP]

Read More
Share