Wholesale prices in India rose a relatively sedate 7.48% on an annualized basis in November, giving the central bankers in Delhi a chance to pause as they tighten interest rates.
Very quietly, the once-darling of the emerging world has turned into a mess. Between government corruption probes and a lot of profit taking, Mumbai is down 9% in a little over a month.
In Friday afternoon trading, the Market Vectors India Small-Cap Index ETF (NYSE:SCIF) is outperforming other ETFs, up about 3.62% on the day. Also up on the day are the
If investors weren’t already aware of the tremendous “growth gap” between the developed and emerging markets of the world, a report Tuesday out of New Delhi served as a nice reminder.
As emerging markets have raced ahead of their developed counterparts in the last two years, investors around the globe have begun to tilt portfolios more heavily towards securities that many
As investors continue to reap the benefits of growth in emerging markets, ETF provider, Van Eck, recently announced the launch of the Market Vectors India Small-Cap Index ETF (NYSE:SCIF)
India has the second-fastest growing GDP in the world behind China. Last week Morgan Stanley said India might overtake China as the fastest growing economy by 2015, and could reach a growth rate
Some 30 years ago, some tech-savvy people in India surprised the business world. They set up back offices for western multinational corporations. And so, the Indian IT industry came about. Today, it remains one of the most exciting business stories in the country. So far, it has managed to stay
The plane shook and shuddered as we crossed mountain ranges and carved through unstable Asian air en route to India. Even less stable at the time were the countries below us. It was just after I’d witnessed the British handover of Hong Kong to the Chinese back in 1997. And no sooner had I left
Jim Cramer, speeking on CNBC’s Mad Money (video below), calls the growth of the middle class in India “unstoppable” and said there are several positive signs coming out of India right now. “The present size of India’s middle class
“As we have been writing for many years, and as we highlighted in our Weiss Global Forum this past summer, key emerging markets are — and should continue to be — greatly outperforming
“Hoping to profit from rising prices for oil and emerging-markets stocks, investors have been buying exchange traded funds (ETFs) lately. But instead of betting on ETFs, you may prefer exchange traded notes (ETN).
Ups and downs on financial markets were plentiful during the past week, but investor sentiment, on balance, brightened on the back of constructive financial and economic data – capped by a better-than-expected US non-farm payrolls report on Friday. “It appears that the global economy has finally found the ripcord,” said Rebecca Wilder (News N Economics) […]
Global investors were greeted with a massive rally in India’s stock market to start the week after the Congress Party-led alliance scored a victory in the emerging market country’s general election. Investors are betting in a big way that the ruling party’s win can provide a boost to India’s economy, and in their haste to […]
It is rare that you see an election have this large of an impact, but the Indian stock market surged on the new election results. The Congress party won a decisive victory in India and this sent Indian stocks up 17% on average. The move was so large that the Bombay Stock Exchange had to […]