Having inherited a regime with high inflation, elevated interest rates and a perceived lack of transparent governance, the current government, […]
India’s GDP growth accelerated in the first quarter of 2016 to a scorching 7.9% year-on-year (YoY), from 7.2% YoY in […]
Once considered one of the ‘Fragile Five’, India has returned to the forefront on the back of greater macroeconomic stability […]
Considerable churn in the top league of Indian equities can create stock-picking opportunities for benchmarked and unconstrained investors.
India’s budget for the fiscal year to March 2016 (FY16) has successfully managed to balance maintaining fiscal discipline and promoting […]
The Indian equity market reached new highs in 2014, with the MSCI India gaining close to 25%. However, investors with […]
2014 was a year of recovery for Indian equities. Boosted by improving fundamentals, decisive general election results and reaccelerating growth, […]
On 15 January, the Reserve Bank of India (RBI), led by Raguram Rajan, reduced its key policy rate by 25bp, marking the first rate cut in almost two years.
In our view, India has an equity market that, especially when compared with those of the other BRIC economies, is particularly well structured towards converting economic growth into shareholder value.
The recent cheapening of commodities could benefit India – a net commodity importer – as it offsets inflationary pressures, reduces its current account and fiscal deficits and supports growth.
After slowing for the last three years, GDP growth in India accelerated to 5.7% year-on-year by the end of Q2 2014, marking its fastest pace in 10 quarters.
India’s GDP growth for the first quarter (April-June) of the country’s fiscal year 2014-15 surprised positively at 5.7%, compared to 4.6% in the previous quarter.
In last year’s turmoil over the US tapering plans, India was labelled as one of the ‘fragile five’ emerging markets. Now, with the equity market rallying and the country having just completed a general election, Anand Shah, CIO of BNP Paribas Asset Management India in Mumbai, provides a timely inside view on what to expect from the new government, and the implications for investors.