The new exchange may face an uphill battle to challenge the dominance of local rival the National Stock Exchange after a regulatory scolding.
Tag : india
Indonesia and India face structural obstacles to economic growth from the double whammy of weaker currencies and high oil prices. Lack of fuel subsidy reform is holding both back.
Despite being extremely bearish on emerging-market equities generally, fund managers are keen on selected Asian markets and the major developed markets.
Liquidity tightening by the central bank has caused negative NAVs for bond funds across the yield curve. Heavy redemptions could cause problems, but hope remains.
Custodians will have more power in securing first-time foreign investment under the proposed Foreign Portfolio Investment regime in India, but are seeking a more defined role.
The bank's move to sell its India and Emea wealth units may make sense short-term, but could create larger exposure to domestic and Pacific Rim shocks, says Scorpio Partnership.
Almost one in nine of the richest people in the UK are of Indian descent. That could swell if a surcharge on the nation’s top taxpayers goes ahead, writes James Horrax.
This conclusion emerged from Franklin Templeton’s annual global survey, which found that Indians were the most upbeat, as of late January.
China is also falling out of favour, while Japan and Malaysia are rising in popularity, according to Bank of America-Merrill Lynch’s monthly fund manager survey.
The firm points to strong investor appetite, largely from the US, to buy Indian equities through over-the-counter American depositary receipts.
South African Sanlam's $111 million share purchase in an Indian firm has drawn attention to the appeal of the country's QFI scheme, offering foreign investors quicker time to market.
Finance Minister P. Chidambaram tells AsianInvestor that streamlining technical barriers for foreign portfolio investors is a priority.