Higher inflation: more bad news for India
India’s economy (EPI, quote) took another turn for the worse this week when data released yesterday indicated a rise in consumer prices, bucking a trend of decreasing inflation.
Tag Archives: EPI
India delays tax law; what this means for investors
The government of India’s decision to delay a controversial tax law Monday sent markets higher, even as other Asian markets fell due to concerns over Europe. However, while the tax law postponement may boost markets in the short term, this outcome is indicative of a lack of resolve by the Indian government that will hurt the Indian economy (EPI, quote) in the long run.
The secret behind the top Indian ETF
U.S. investors often stereotype the Indian economy as a cluster of gigantic technology outsourcing companies. But those who bought into the ETFs that most closely conform to that stereotype would have been left lagging not only the real Indian stock market but Wall Street as well.
Best of the Wednesday web
Markets slumped today on the back of a poor American jobs report and renewed concerns over Europe after PMIs from the euro zone came in lighter than expected.
Best of the Monday web
Exchanges were relatively quiet in the last trading day of April, as the market digested disappointing news from the U.S. and mixed news around the world, including an improvement in the Taiwanese economy but underwhelming news regarding Chinese exports.
Can India climb out from the downgrade?
Ratings agency Standard and Poor’s has cut India’s credit outlook to negative over multiple structural concerns plaguing India’s economy.
Best of the Tuesday Web
Markets took a breather from yesterday’s sell-off with most eyes looking forward to Apple’s earnings. Here at Emerging Money, we’re a bit more preoccupied with action around the world, such as new Chinese small-cap scandals, more Indian telecom regulations, and Brazilian interest rate concerns.
Massive fee hike hits Indian phone networks hard
The Indian telecom industry is known for being both scandal-ridden and expensive, but the latest license fee hike plan proves once and for all that this business — and the market around it — is not built for amateurs.
Emerging Money Heat Map: 10:00 a.m. Monday, April 23
Welcome to the emerging markets 10 a.m. heat map. Global markets are starting completely in the red on the first day of the last full week in April. Leading the slide in the Emerging Stock index are YNDX -5.55%, INFY -3.71% and IBN -3.12%. Global markets are sliding on fears of global slowdown in the euro zone and in China both regions PMI numbers are suggesting growth is contracting.