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Search resuls for: "Chhatrapati Shivaji Terminus"


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India has been dubbed the "perfect" emerging market to invest in, but it can be tricky for those outside the country to gain access. India's stock market has been making headlines this year, and for good reason. "India remains one of the best-performing equity markets this year, underpinned by the world's fastest-growing major economy and a resilient macro backdrop," said James Thom, senior investment director Asian equities at Abrdn, in a note to clients. Some of the top ETFs in North America include the Columbia India Consumer ETF , the First Trust India NIFTY 50 Equal Weight ETF and the BMO MSCI India ESG Leaders Index ETF . In Europe, the list includes the iShares MSCI India UCITS ETF , which provides exposure to around 85% of the stock market, and the Xtrackers MSCI India Swap UCITS ETF Capitalisation 1C .
Persons: Krishnamurthy Subramanian, Narendra Modi's, Kevin T, Carter, Goldman Sachs, James Thom, aren't, GDRs, Arjun Jayaraman, there's, Jayaraman, Abrdn's Thom, Surendra Goyal, Thom, EMQQ Global's Carter, Modi's, it's, Jonathan Pines, — CNBC's Ganesh Rao, Tuul, Bruno Morandi Organizations: CNBC Pro, IMF, Bharatiya Janata Party, EMQQ, CNBC, Wealthmills Securities, Global, Causeway, Mutual, Columbia India Consumer ETF, First Trust India, BMO, India, Nasdaq, Investors, Nokia, Bank of America, Citi, Edge, Reliance Industries, U.S ., Bank of India, Network18, Bank, Getty Locations: India, China, North America, Europe, Singapore, U.S, Indian, Chhatrapati Shivaji Terminus, Mumbai
Pedestrians walk towards the Chhatrapati Shivaji Terminus train station at dusk in Mumbai, India, on Wednesday, Oct. 4, 2023. The International Monetary Fund has raised its growth forecast for India, saying the country's growth will remain strong in 2023 and 2024 — but analysts warn there will be headwinds ahead. According to the IMF's October update of its World Economic Outlook., India's economy will grow 6.3% in 2023, an increase from an earlier forecast of 6.1%. "India will continue to be a bright spot in the global economic picture," Alicia Garcia-Herrero, chief economist for Asia Pacific at Natixis said. Consumer spending remains one of the biggest growth drivers in the world's most populous nation, she added.
Persons: Alicia Garcia, Herrero Organizations: Monetary, CNBC, Asia Pacific, Consumer Locations: Shivaji Terminus, Mumbai, India, Natixis
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