Tag: emerging markets
Brics finance ministers in India hit out at ‘unilateral tariff’ moves: ‘They distort trade’
Finance ministers and central bank governors of Brics nations have expressed “serious” concern at the unilateral imposition of tariffs and non-tariff measures, calling them inconsistent…
BRICS fin mins, central bank chiefs raise concerns on unilateral trade and finance-related measures
New Delhi: Finance ministers and central bank governors of BRICS countries raised concerns over unilateral trade and finance-related measures, including higher tariffs and non-tariff barriers,…
Uday Kotak warns of ‘roller coaster’ ride in interest rate markets
Japan’s 10-year bond yield crossed 3% for the first time since 1996, while the US 10-year yield neared 4.8%, as rising government debt and fiscal…
New Development Bank plans $7.5 billion funding to deepen rupee lending
New Delhi: The New Development Bank (NDB) plans to channel $7.5 billion into India over five years, stepping up local-currency financing as the BRICS lender…
India falls out of EM index top 10 for first time in 26 years—What that means & why it matters
For the first time since at least 2000, no Indian company ranks in the top 10 of the MSCI Emerging Markets Index, a benchmark that…