New York-based Wisdom Tree, that pioneered the concept of fundamentally weighted Exchange Traded Funds (ETFs) and active ETFs, says that its India Earnings (EPI) Fund is up 12.8% year-to-date and is ahead of China, Indonesia, Thailand, Vietnam, South Korea and Japan. Gaurav Sinha, strategist for Wisdom Tree said, "If you look...
India And Japan Review Final Steps of Nuclear Energy Agreement
India and Japan hope to sign a nuclear energy agreement when Prime Minister Modi visits Japan this week. The agreement, the first by Japan with a country that has not ratified the Nuclear Non-proliferation Treaty, will enable Japan to export its nuclear energy technology for private-sector use in India, reports...
India's Ports Handle Increasing Numbers of Containers
According to the Journal of Commerce, container volumes increased this year by 6.3 percent from May to September at India's major ports over the same period last year, reports the Maritime Executive. TEU volumes for Kolkata were up 17 percent; up by five percent at Tuticorin; Visakhapatnam volumes were up...
Dramatic Changes Predicted at Future of Asia Conference
According to the Los Angeles World Affairs Council's (LAWAC) Future of Asia Conference that took place on September 15 and 16, "Asia is a continent where the stakes are rising rapidly - both in economic promise and expansion of individuals' horizons, but also in environmental and security challenges." 57 speakers,...
Communications Minister Establishes Twitter Complaint Service
India's Minister for Communications Manoj Sinha launched “Twitter Sewa” (Twitter Service) for addressing the complaints and concerns of all stake-holders in the telecom and postal sectors. The twitter handle of the minister is @manojsinhabjp, reports India in Business. Sinha said this service was in tune with Prime Minister Modi’s...
Defense Alignment Between India and U.S. Accelerates
DefenseNews reports that the Obama administration has made strengthening ties with India a priority, and this has been highlighted by the focus Defense Secretary Ash Carter has had on the South Asian nation. Ashley Tellis, a former State Department official now with the Carnegie Endowment, calls the recent state visit...