Emerging market economies News
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Emerging markets face newer challenges in the form of inward looking policies of protectionism and increased geopolitical tension, Finance Minister Arun Jaitley said today as he pegged India's GDP growth at 7.7 per cent in 2018.
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India's macro-economic prospects have improved and is best positioned among emerging market economies, gaining global investor's attention, says a report.
Manufacturing and services sectors in India expanded at a faster pace than China in July, even as emerging market output registered a slower pace of growth, HSBC said on Wednesday.
Negotiations have stalled for now on a dispute between China, India and South Africa over who will host the bank.
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