India’s Economy and ETF in Recovery Mode
Wednesday, November 18th, 2009
Tom Lydon (ETF Trends) submits:
India’s economy has made such strides this year that it may be the first to begin scaling back its stimulus measures. These definitive signs of recovery in the emerging nation could continue to spill over into the strong performance of its exchange traded funds.
The Indian government hinted at winding up fiscal stimulus initiatives and cutting back on loose monetary policies, writes Arun Prabhudesai for Track.in. Demand has been on the rebound and the benchmark inflation index has also risen.
