Overshadowed by the US presidential election last week was a “bold and historic” move by the Indian government to ban 500 and 1000 rupee currency notes, which is expected to be “transformational” for the economy in the medium term, asset managers said.
Tag: India
China’s CSOP in L&I ETF launch
In Hong Kong, CSOP Asset Management has launched a pair of leveraged and inverse exchange-traded products tracking India’s Nifty 50.
India’s `RRexit’ more of a ripple
Fund managers believe the departure of Indian central banker Raghuram Rajan, or “RRexit”, will have little impact because he set the economy on the right course. But mid-term risk could rise.
Markets flat after India’s steep rate cut
India’s recent interest rate cut to a five-year low was a response to cooling inflation, analysts said.
Another look at the fragile five
Market volatility in the five vulnerable economies was muted during December, when US interest rates were raised.
India’s rise highlights China’s challenges
India this week reported 7.3% GDP growth for Q3, overtaking China, which had 6.8% growth during the same period.
HSBC GAM appoints India CEO
Ravi Menon will become chief executive officer of HSBC Global Asset Management’s India office.
India rolls out some infrastructure projects
State-owned Indian companies who produce materials for road and highway construction will likely issue more rupee bonds to fund infrastructure projects, said Ajay Marwaha, Sun Global Investment’s director of investments.
India’s SOEs to issue ‘masala bonds’
Masala bonds could become a credible alternative funding source for Indian companies.
India’s Edelweiss links with UK’s Sun Global
India’s Edelweiss Group has partnered with Sun Global Investments to offer international investors access to India fixed income bonds.
