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US-China trade war weakening demand for oil

Saturday, August 10, 2019, 8:52 PM

The trade war between the US and China and a broader decline in world economic growth are weakening the demand for oil and pushing prices down, the International Energy Agency said on Friday. The Paris-based agency cut its forecast for oil demand growth this year and next as trade tensions weigh on activity in the energy-hungry manufacturing sectors around the world.
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Government to soon launch portal to boost innovation in MSME sector

Saturday, June 29, 2019, 8:24 AM

The government will soon launch a portal entailing all the relevant information about entrepreneurs, as parts of efforts to encourage innovations and growth in the MSME sector, a top official said Friday. Arun Panda expressed hope that the move will result in joint ventures (JVs), MoUs (memorandum of understanding), fruitful collaborations in various sectors and technology transfer among entrepreneurs.
 
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Opinion | Sovereign rating is not just about finance

Wednesday, December 5, 2018, 8:21 AM

A sovereign rating exercise is not just about assessing a country's financial soundness. Non-economic fundamentals are equally important in determining a sovereign rating. It's the combination of the country's institutional and economic profile that is relevant for achieving a superior rating. Rating agencies conduct analysis on non fiscal aspects such as effectiveness of policy making and strength, and stability of its civil institutions.

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