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Google trend - Economic Times

Calling it quits: Why manufacturers in India are steadily migrating to ...

“The turnover I was generating in my manufacturing business is what I today earn as profit in my services business,” says Dinesh Tripathi, a Mumbai-based ...

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Economic Times - 10 things to know with detail
  • Global Economic Outlook: The global economy is facing challenges due to the ongoing trade tensions between major economies like the US and China, as well as geopolitical uncertainties. The International Monetary Fund (IMF) has revised its global growth forecast downwards to 3.2% for 2019.
  • Indian Economy: India's economic growth has slowed down to a five-year low of 5.8% in the January-March quarter of 2019. This has raised concerns about the health of the Indian economy and the need for policy interventions to boost growth.
  • Budget 2019: The Indian government presented its Union Budget for the fiscal year 2019-20, focusing on boosting infrastructure development, rural economy, and job creation. The budget also proposed various measures to spur consumption and investment.
  • RBI Monetary Policy: The Reserve Bank of India (RBI) has cut the key policy rate by 0.25% in its latest monetary policy review, in a bid to boost economic growth. This was the third consecutive rate cut by the central bank this year.
  • US-China Trade War: The trade tensions between the US and China have escalated in recent months, with both countries imposing tariffs on each other's imports. This has raised concerns about the impact of the trade war on global economic growth.
  • Brexit: The UK's planned exit from the European Union, or Brexit, has created uncertainty in the global economy. The deadline for Brexit has been extended to October 31, 2019, as the UK government struggles to reach a consensus on the terms of its departure.
  • Oil Prices: Crude oil prices have been volatile in recent months, driven by factors like supply disruptions, geopolitical tensions, and trade uncertainties. The fluctuation in oil prices has implications for global inflation, economic growth, and financial markets.
  • Stock Markets: Global stock markets have been volatile, with investors reacting to news related to trade tensions, economic data, and corporate earnings. Central bank policies and geopolitical developments also influence stock market movements.
  • Emerging Markets: Emerging market economies like India, Brazil, and South Africa are facing challenges due to factors like trade tensions, currency volatility, and capital outflows. Policymakers in these countries are implementing measures to stabilize their economies and attract investments.
  • Technology Disruption: The rapid pace of technological innovation is disrupting traditional industries and business models, leading to changes in consumer behavior and market dynamics. Companies are investing in digital transformation to stay competitive and meet evolving customer demands.
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