Emerging Markets

Coronavirus Outbreak: Multi-notch sovereign ratings downgrade likely in 2020 due to sharp fall in oil prices, says Fitch

Fitch said the most common rating category from which multi-notch downgrades have occurred is 'B', confirming weaker sovereigns are more prone to crises.

Mahindra to take control of Ford's India auto business; JV to sell both companies’ cars in country, emerging markets

The JV expects to introduce three new utility vehicles under the Ford brand, beginning with a new mid-size sports utility vehicle that will have a common Mahindra product platform and powertrain.

US becomes equity investors' favoured destination, impact of drone attacks on Saudi oil facilities; all this and more on Moneycontrol Pro

Oil shocks have almost always been ominous for the global economy – not only because of their links to the economy but also because several US recessions have been preceded by a sharp surge in oil prices.

Govt may cap overseas borrowing at $5 bn this year; FPIs’ ceiling on public debt can be raised to attract more fund flows: DBS

The note said the large quantum of net annual borrowings at around $75 billion and the need to manage interest payments justified keeping the market insulated from external volatilities in the past.

WEF 2019 summit: Emerging markets have 20% youths without job, education or training, says IMF chief Christine Lagarde

IMF Managing Director Christine Lagarde said the whole issue of finding future jobs affects women more than men

Indian oil demand to become important driver of global growth as China's economy slows: Fitch

Indian oil demand, which faced substantial pressures in 2018 because of rising rates and a weakened rupee, is set for recovery next year, Fitch Solutions Macro Research said

Gold pares losses from 19-month low as US dollar softens on reports of Beijing to hold talks with Washington

Spot gold was down 0.2 percent at $1,172.48 an ounce as of 0426 GMT, after earlier falling as much as 1.2 percent to $1,159.96, its lowest since January 2017.

Fed rate hike: US action will slowdown FPI flow to India; RBI will have to shield rupee as currency might get weaker

A weaker rupee would be the next problem to confront for the RBI which will have to intervene in extreme volatile situations to cool the currency

Morgan Stanley signals low investor confidence in India growth story; MSCI EM Asia index down 10% since January

Morgan Stanley said on Thursday that lower return expectations from the Indian stock market are due to persistent growth disappointment of past few years

IMF says unexpected rise in US inflation post-Donald Trump's aggressive fiscal stimulus could unleash financial turmoil

The IMF also said that a hike in inflation in the US could lead the Federal Reserve to raise interest rates faster than has been expected to date,