Modi must worry about India's malnutrition crisis



‘With the largest number of malnourished people on the planet, India is poised to be a nation that significantly under-performs as an economy.’



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American dream is back, asserts Trump



Underlining that years of economic stagnation have given way to a “roaring geyser of opportunity”, Trump said, “I knew that if we unleashed the potential of our people, cut taxes, slashed regulation, fixed broken trade deals and fully tapped American energy that prosperity would come thundering back … and that is exactly what happened.”



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India behind US, China and Germany for global CEOs



China and India evoked the highest levels of confidence among major economies at 45 per cent and 40 per cent, respectively. The US was at 36 per cent, Canada at 27 per cent, the UK at 26 per cent, Germany at 20 per cent, France 18 per cent, and Japan having the least optimistic CEOs with only 11 per cent very confident of growing revenues in 2020.



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IMF lowers India growth estimate to 4.8% for 2019



IMF Chief Economist Gita Gopinath also said the pickup in global growth for 2020 remains highly uncertain as it relies on improved growth outcomes for stressed economies like Argentina, Iran, and Turkey and for under-performing emerging and developing economies such as Brazil, India, and Mexico.



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Why PhonePe's fundraising process has hit roadblock



Having grown swiftly since the acquisition of Flipkart by Walmart in 2018, it was looking at a valuation of $10 billion. However, factors such as lack of diversification, new e-commerce and data policies, as well as the overall investment environment, have slowed the process.



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Let's pray we see closure of bad loans



‘When bankers are hounded by investigative agencies for credit decisions going wrong and defaulters are treated like outcasts, who will borrow money and who will lend?’ asks Tamal Bandyopadhyay.



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After 5 months RBI buys gold, now holds 625 tonnes



The RBI is still a small player in international gold buying among central banks. But in terms of total gold bought in 2019, it is the sixth largest buyer with 25.2 tonnes purchases in the first 10 months of 2019.



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Amazon to create 1 mn jobs in India by 2025: Bezos



The new jobs – created both directly and indirectly – will be across industries, including IT, skill development, content creation, retail, logistics, and manufacturing.



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At 6.1%, China's growth hits 29-year low



The new data comes a day after China and the US signed a long-awaited phase one deal, marking a ceasefire in the 18-month-long trade war which saw the world’s two largest economies slap 25 per cent tariffs on about half a trillion-dollar worth of each other’s exports. The world’s second-largest economy grew by 6.1 per cent last year, its worst performance since 1990, but it remained above the psychologically important mark of six per cent, according to the National Bureau of Statistics (NBS).



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