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6-7 pc growth rate in India good given global average, infra work on solid ground: Mark Mobius India’s ability to manage inflation without compromising growth will be pivotal in attracting sustained foreign investments, global ace investor Mark Mobius said on Thursday, adding that on a macro front, 6-7 per cent growth rate in India is a good rate given the global average.  Addressing an investor webinar organised by PL Capital-Prabhudas Lilladher, the veteran investor said the Indian economy grew a good 5.4 per cent in Q2 FY25, despite having a size as big as $4 trillion....
6-7 pc growth rate in India good given global average, infra work on solid ground: Mark Mobius
6-7 pc growth rate in India good given global average, infra work on solid ground: Mark Mobius
Source: IANS
2024-12-12 12:08:07 pm
India set to become ‘major producer’ of electric vehicles like China: Mark Mobius India, which began its electric vehicle (EV) journey with two-wheelers, is set to become a “major producer" of electric vehicles like China in years to come, ace global investor Mark Mobius has said.  The EV sales have seen a record surge under the PM E-DRIVE scheme, reflecting the growing momentum of EV adoption. Through initiatives like the Electric Mobility Promotion Scheme (EMPS) and the PM E-DRIVE schemes, electric two-wheelers (e-2W) sales surged to 5,71,411 units in ...
India set to become ‘major producer’ of electric vehicles like China: Mark Mobius
India set to become ‘major producer’ of electric vehicles like China: Mark Mobius
Source: IANS
2024-11-13 02:14:21 pm
Government efficiency 'czar' Elon Musk to cut a lot of waste in US government: Mark Mobius With Elon Musk leading the new Department of Government Efficiency (DoGE) under Donald Trump’s presidency in the US, the tech billionaire will be able to cut down on a lot of waste in the US government, ace global investor Mark Mobius has said.  In an interaction with IANS, Mobius said that as a “government efficiency czar”, the tech billionaire will be in a better position to bring required changes to the US government. “That will be a big contributor to mo...
Government efficiency 'czar' Elon Musk to cut a lot of waste in US government: Mark Mobius
Government efficiency 'czar' Elon Musk to cut a lot of waste in US government: Mark Mobius
Source: IANS
2024-11-13 02:03:26 pm
India at take-off stage of development with young population, robust infra growth: Mark Mobius India is now at the take-off stage of development where the young demographic with higher productivity, digitisation of the economy, and a robust infrastructure growth will help the country become a major global economy in the years to come, Mark Mobius, of Mobius EM Opportunities Fund, said on Tuesday.  India remains the world’s fastest-growing economy with investment and private consumption driving growth. The IMF retained India’s gross domestic product (GDP) growth fore...
India at take-off stage of development with young population, robust infra growth: Mark Mobius
India at take-off stage of development with young population, robust infra growth: Mark Mobius
Source: IANS
2024-11-12 04:10:13 pm
Donald Trump realises India a key component to his economic agenda amid China factor: Mark Mobius As US President-elect Donald Trump begins raising the pitch around imposing tariffs amid his 'America First' policy, he realises that India -- on a robust growth path under Prime Minister Narendra Modi -- is an important component to his economic agenda amid the China factor, ace investor Mark Mobius said on Tuesday.   In an exclusive conversation with IANS, Mobius said one of the benefits of the imposition, or at least the threat of higher tariffs, is that it brings people to...
Donald Trump realises India a key component to his economic agenda amid China factor: Mark Mobius
Donald Trump realises India a key component to his economic agenda amid China factor: Mark Mobius
Source: IANS
2024-11-12 04:00:49 pm