India

Top 10 Trade Partners of India

India is the second largest populous country with a population of over 1.1 billion. The economy grew at a robust pace up until recently after the India opened up its economy and implemented economic reforms. In 2010, the GDP was estimated to be $4.06 Trillion based on Purchasing Power Parity (PPP). The growing economy has [...]

India Continues to Lag China in Economic Growth

China and India are two of the largest emerging markets in the world. With rising middle-class and increasing wages, the countries are experiencing tremendous economic growth. However in terms of overall growth, India still lags behind China in most metrics. This is despite India being the world’s largest democracy and China being a communist state [...]

India’s Airline Industry Soars Ahead

India liberalized the airline industry in the early 1990s. After the deregulation the monopoly of the state-owned airlines was eliminated and many new entrants started operations. Since then air travel has increased exponentially as the chart shows below: Click to enlarge Source: CEIC India Data Talk Some of the major airlines currently in operation include [...]

Ten Reasons Why India’s Stock Market is a Bubble

India’s Sensex closed at 20,032 on Friday.This is not far from the all-time high of 20.873 reached in January 2008. During the credit crisis, the index reached a low of 8.160. In just over 18 months the index has rebounded sharply gaining over 150%. This dramatic rise is mostly based on the assumption that the [...]

Should You Invest in India?

The main stock index in India, the Sensex is up 80% in local currency YTD. After falling to about 8000 in March this year it has more than doubled and closed at 17,360 on Dec 24th. YTD the index has risen by 81%.  Many investors are now wondering if the Sensex repeat this incredible performance [...]

Ten Components of the Dow Jones BRIC India 15 Index

The Dow Jones BRIC India 15 Index tracks the performance of the 15  most liquid and largest stocks traded on the Indian exchanges. As of November 30,2009 the index has a total return of 77% in US dollar terms. The dividend yield of the index is 0.95% and the annual rebalancing occurs in June. The [...]