US, India’s absence in regional trade deals will make China to up its role in trade
Through its participation in the Quad, India has more overtly shifted its security posture though it retains elements of its historically "nonaligned" foreign policy
Through its participation in the Quad, India has more overtly shifted its security posture though it retains elements of its historically "nonaligned" foreign policy
The boost in digitization brought about by the pandemic could increase productivity but also create structural unemployment and social tensions, Malaysia pointed out.
India's economy contracted by 7.3 per cent in fiscal 2020-21.
Placement of social and sustainability bonds by FIs and DBs more surged to $123 billion last year.
Despite these improvements, India remains vulnerable to the threat of rising infections and fresh lockdowns, and to the risk of an uneven or underwhelming economic recovery.
For next fiscal 2021-22, Moody's projected India to grow at 10.8 per cent, as against the previous estimate of 10.6 per cent.
Sustainable bond issuance amounted to $288.2 billion through the first nine months of the year, 24 per cent higher than the same period of 2019.
As a result, the virus is expected to become a less important macroeconomic concern throughout 2021 and 2022.
A successful takeover of VDL would have enhanced VRL's access to the former's cash flow and in turn, improved bond yields and refinancing options.
After pandemic-related shutdowns, production is now ramping up in the automotive and industrial sectors.
