Economy of India
EM capital inflows to rise to a decade-high: Fitch
Higher growth in emerging markets (EM), including Türkiye, relative to developed markets and the prospect of U.S. Federal Reserve rate cuts later this year are expected to push emerging-market net capital flows to a decade high in 2024, Fitch Ratings has said in its latest Economics Dashboard.
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A new power is emerging: It will overtake Germany, Japan and the USA
This was announced by the investment bank Goldman Sachs in its latest forecast.
The main arguments for this assessment are India's population growth, the country's progress in the field of innovation and technology, higher capital investment and rising worker productivity, according to the report, CNBC reports.
Türkiye’s current account deficit at $8.8 billion
Türkiye's current account deficit came in at $8.78 billion in February, falling from a deficit of $10 billion in the previous month, data from the Central Bank have shown.
In February 2022, the balance of payments showed a current account gap of $5.3 billion.
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Fraud claims wipe $45 bln off Adani group stocks
Shares in the business empire of Asia's richest man Gautam Adani nosedived on Jan. 27, extending this week's losses to $45 billion, days after a U.S. investment firm claimed it had committed "brazen" corporate fraud.
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What is the Bulgarian Connection of UK PM Rishi Sunak
In 1974, Narayana Murthy, who is now the father-in-law of the new British Prime Minister Rishi Sunak, was arrested in Bulgaria for trying to talk about life in the country with a local couple.
Turkish Airlines’ former chair to take helm at Air India: Tata Group
İlker Aycı, former head of Turkish Airlines' executive board and committee, was appointed the CEO of India's national carrier Air India, Tata Sons Group announced on Feb. 14.
Aycı, who was chair of the Turkish Airlines for more than seven years, resigned on Jan. 27.
Tata Motors, Tata Power Inaugurate India's Largest Solar Carport in Pune
Tata Motors and Tata Power on Friday jointly inaugurated India's largest grid-synchronised, behind-the-metre solar carport at the Tata Motors car plant at Chikhali.
Turkey’s sectoral confidence indices send mixed signals
Turkey's services and retail trade sectors posted a rise in confidence in March, while the construction sector saw a drop, the country's statistical authority reported on March 26.
Bulgarian Restaurateurs Fear New Lockdown amid Higher Infection Growth Rates
Any attempts to impose new restrictions on restaurants are absolutely unacceptable. This is stated in the official position of the Associations of Restaurants in Bulgaria following the declared intention by the National Operational Headquarters for a new tightening of the anti-epidemic measures.
India Hopes to Revive the Economy with Its New Budget
India's government unveiled a new budget aimed at reviving its pandemic-battered economy, with a focus on vaccinations and doubling on health care spending.
India's economy shrank by the astonishing 23.9 per cent in the first quarter of last year and is projected to record its worst-ever annual recession - a contraction of 7.7 per cent - in the current financial year ending March 31.