India

By Satyajit Das, Minyanville At the time of its independence, India was a stable and relatively open economy with high rates of economic growth and significant international trade and investment. By the 1980s, however the picture had changed. Three decades of poor economic management meant India...

Secretary of State Hilary Clinton visited India on Monday mainly to urge India to reduce oil imports from Iran due nuclear sanctions. In addition to the political discussion, she also pushed for economic reforms that would allow retail giants like Wal-Mart to enter into this emerging market with...

PIMCO's CEO and co-CIO Mohamed El-Erian has sounded bells on what he believes are fundamental compromises that could thwart progress on the continued world crisis. In an article appearing on Project-Syndicate.org, Dr. El-Erian refers to two areas where the United States and Europe may be colluding...

The Mosaic Company reported mixed fiscal third quarter results for 2012 on Thursday, which, as expected, missed investor estimates on seasonal volatility and economic uncertainty that caused deferred buying from risk-averse buyers. But investors are paying even more attention to the company's...

Goldman Sachs' (NYSE: GS) rockstar Jim O'Neill reinforces his ongoing thesis that Greece-focused histeria is tedious at best. While he believes European Monetary System concerns are valid and sovereign debt issues will be there for the foreseeable future, he thinks Greece is small peanuts as long...

A Reuters report from Tuesday says that Iran is moving to accept gold and foreign currencies for its oil in the wake of economic sanctions against the country over its nuclear program. "Significant difficulties in making dollar payments to Iranian banks have forced Iran's trading partners to look...

India recently decided to open up its equity market to individual foreign investors. The hope is that allowing foreign investors to buy Indian stocks directly would help reverse a year-long decline in Indian stock prices and lead to more foreign investment in the Indian economy. If you're not ready...

How did India get to where it is today? Prior to 1991 the Indian economy was plagued with corruption, slow growth, protectionism, central planning and extensive regulation which discouraged economic expansion. The Prime Minister at the time, P.V Narasimha Rao appointed a career economist, Dr....

Earlier in the week, we brought you the news that India is opening up its stock market to individual foreign investors. Individual foreign investors have only been able to invest in the Indian stock market through investments like mutual funds, Exchange Traded Funds or the limited number of...

India has decided to open up its equity market to individual foreign investors in a move aimed at increasing foreign investment in the Indian economy. Investors who wanted to invest in Indian stocks were previously restricted to buying investments like mutual funds, ETFs or the limited number of...