INSUBCONTINENT EXCLUSIVE:
The global economy and some industries would face disruption and there could be a significant negative impact on global growth, at least in
there is no doubt that the epidemic will have a significant negative impact on global growth
interaction in Mumbai.
His comment comes in the backdrop of a rising number of Covid-19 cases: About 93,000 people have been affected, with
said.
The US Federal Reserve cut interest rates on Tuesday by half a percentage point in an attempt to boost the economy.
However, President
Trump called on the Fed to cut rates even more
as much for throwing raucous birthday parties as for his billion-dollar leveraged buyouts, scholarship programmes, philanthropy and
not necessarily result in sustained economic growth
But India, on a longer-term basis, has some really remarkable assets, which are its people
including private equity, real estate and alternative credit after it opened its first office in the country in 2005.
Calls for breaking up
big technology companies like Facebook, Google and Amazon based in America have been growing louder with democratic candidates Bernie
Sanders and Elizabeth Warren supporting the idea
This is following concern from American voters over the power these companies wield over their personal information
At a function on Wednesday evening, Schwarzman said he did not agree with this idea
I think that the heads of almost all large technology companies from the United States are asking to be regulated
technology companies in terms of scale are not as big as American companies
CEOs are aware of issues related to privacy and are working to fix them, he added.