India
The RBI Will Cut Rates Substantially…
Restrictive RBI Stance Risks Prolonging Slowdown…
US Tariffs On India: The Last Straw…
A high US tariff and the lingering uncertainties on the US-India trade deal will hurt investors sentiment. This and contracting corporate profits will push share prices lower. Stay underweight Indian stocks.
Restrictive Policy, Falling Inflation Support India Bond Longs…
In this chartbook, we look at the balance of payments across DM and EM countries. The US does not fare well, but neither do a few other countries.
India's IT service exports have been booming and will continue to do so despite wider AI usage. Indian IT stocks, however, will not benefit from it as the expanding Global Capability Centers (GCCs) in India compete with the nation’s IT companies, driving the latter's profitability down.
India: A Slowing Economy Calls For Caution On Equities…
India-Pakistan Tensions…
In its budget plans last week, the Indian fiscal authorities announced major tax cuts for households – the equivalent of about US$12 billion, 0.3% of GDP – to boost consumer spending. Soon thereafter, the central bank cut its policy rates by 25 bps – for the first time in five years. Can these…