According to Morgan Stanley, Indian economy may grow 6.7% in current fiscal. According to Chetan Ahya and Tanvee Gupta, economists at Morgan Stanley, “Higher capital flows have been the anchor of a self-fulfilling virtuous cycle of an appreciating exchange rate, lower interest rates, and strong domestic demand growth”. Further they said that however, capital inflows […]
Tag: Capital Inflows
Market expects speedier, steeper rate cuts
December 1, 2008 – 6:03 am
RBI may be forced to cut interest rates earlier than planned and more aggressively than previously hoped, as it comes under pressure to navigate an already faltering economy away from the turbulent economic aftershocks of the Mumbai terror attacks. Last week’s attacks, which killed around 200 people, targeted key symbols of enterprise in a city […]
Ten Billion Dollar Ready To Make India Entry Through FVCIs
August 27, 2008 – 2:54 am
Lack of clarity over foreign venture capital investments (FVCIs) in India has led to 83 applications from foreign venture capital firms piling up with the Reserve Bank of India for approval. Of these, about 28 venture funds (non-real estate funds) which have sought approval have committed close to $10 billion to India, according to lawyers […]
Indians Show Interest For Foreign Property, Stocks
August 1, 2008 – 5:53 am
The savvy Indian investor is no longer content with restricting his investment horizon to the equity or property markets at home. A growing number of Indians are now buying property abroad and also taking an exposure to stocks of foreign firms and debt products. Hard numbers are a testimony to this fact. From a mere […]
