(Video) Rajya Sabha TV (RSTV) The Big Picture: Global Slowdown

Topic: Global Slowdown

Guest:

Jayant Dasgupta, (Former Ambassador of India at WTO)
Ajay Dua, (Former Secretary, Ministry of Commerce & Industry)
A. K. Bhattacharya, (Editorial Director, Business Standard)

Topic Description:

Asian markets were mixed in early trading Wednesday as investors remained unnerved about the global economic outlook. U.S. Treasury yields saw little change Tuesday as the bond rally paused, while new data on Wednesday showed China’s industrial profits dropped sharply in the first two months of the year, raising worries of a slowdown. The U.S. and China will resume high-level trade talks Thursday in Beijing. Despite global slowdown fears, Indian markets rallied on Tuesday to regain all of Monday’s losses. For domestic markets, the hope is that emerging markets like India may be safe-haven investing options amidst all the chaos about US slowdown and Brexit confusion. On this edition of the big picture we will take a look at the state of the global economy.