In recent years, New Delhi has upped its overseas lending, providing tens of billions of dollars in credit to countries in the region, including financially distressed Belt and Road Initiative (China's program) recipients such as Sri Lanka. India's role as a creditor, by which it offers other governments lines of...
Bloomberg: 2020s Set to Be the Asian Decade
Bloomberg reports that Asia dominates an exclusive list of economies expected to sustain growth rates of 7%. According to a research report by Madhur Jha, Standard Chartered’s India-based head of thematic research, and Global Chief Economist David Mann, India, Bangladesh, Myanmar, Vietnam and the Philippines along with Ethiopia and Cote...
10 ASEAN Leaders to Be Chief Guests at India's Republic Day Celebrations
The Association of Southeast Asian Nations, or ASEAN, was established in 1967 with Indonesia, Malaysia, Philippines, Singapore and Thailand as founding members. Later, Brunei Darussalam, Vietnam, Laos, Myanmar, and Cambodia joined the group making up what is today the ten member states of ASEAN. Its purpose is to accelerate economic growth,...
India Best Country for Wall Street Says Forbes
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...