China’s slump leaves the world needing a new growth engine. India may fit the bill.
For the last three decades, Peeyush Mittal has frequently driven the 185 miles from the Indian capital to the city of Jaipur. The journey always took him six hours. “For 30 years there’s been this promise of doing that journey in three hours. It has never been possible,” said Mittal, a portfolio manager at Matthews Asia, a San Francisco-based investment fund. “They’ve expanded the highway, gone from one lane to two lane to three lane, everything has been done.
reflects the bullishness towards India. said this month that it would increase India’s weighting in its emerging markets index to 18.06% from 17.98%, while reducing China’s to 24.77%. ’s indexes help institutional investors worldwide decide how to allocate money and where to focus their research. “India’s weight in the
emerging market index was about 7% a couple of years back,” said Aditya Suresh, head of India equity research at Macquarie Capital. “Do I think that 18% is naturally gravitating more towards 25%? Yeah, that’s kind of clearly where our conversations are leading us to believe.
United Kingdom Latest News, United Kingdom Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Postdoctoral Fellowships at West China Hospital/West China School of Medicine of Sichuan University - Chengdu, Sichuan, China job with West China School of Medicine/West China HospitalAbout West China Hospital/West China School of Medicine of Sichuan University West China Hospital/West China School of Medicine of Sichuan University (WCH/WCSM, SCU) was founded in 1892 and recognized as a national general hospital and a diagnosis and treatment center for complex and critical illnesses, as well as a renowned medical school in...
Read more »
New Pterosaur Discovery Shows the Winged Reptiles Soared the Skies for 25 Million YearsLearn why the pterosaur fossils are difficult to find and why this discovery explains their evolution.
Read more »
India TB: Can vaccines help India triumph over tuberculosis?India is far from achieving its stated goal of eliminating tuberculosis by 2025.
Read more »
Experts Warn Against Unregulated Dietary Supplements and Protein PowdersLearn why dietary supplement labels can be misleading and why the FDA is cracking down.
Read more »
Why a rare ‘golden’ tiger photographed in India is worrying conservationistsWildlife photographer Gaurav Ramnarayanan snapped a photo of an unusual golden tiger in Kaziranga National Park, India, last month. But the tiger’s presence in the park might not be a good thing.
Read more »
Why a rare ‘golden’ tiger photographed in India is worrying conservationistsWildlife photographer Gaurav Ramnarayanan snapped a photo of an unusual golden tiger in Kaziranga National Park, India, last month. But the tiger’s presence in the park might not be a good thing.
Read more »