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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]
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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]
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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]
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10-Dec-18 With the aim of reducing India’s dependence on imported medical devices by promoting manufacture and use of local ones, the government will form a Medical Devices Development Council to spearhead policy initiatives to boost local manufacturing. [image: The Times Of India]
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27-Nov-18 After moving on from the e-commerce giant he founded following its takeover by Walmart, Sachin Bansal is looking to invest in financial technology and agriculture technology. [image: AFP]
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