PIN News and Press, Invesco India From 09/23/19

Introduction: Twice a year I conduct a screen of North American indexes, international markets, and a top-to-bottom assessment of the existing watch list for Contra the Heard Investment Newsletter . Although valuations remain relatively high and economic conditions are deteriorating, m...

Easing All Over The Place Last week, the Fed cut rates again, just as the market was "telling" it to do. Doing so, the Fed continues to be part of a growing group of central banks that are cutting rates. Most recently, we saw rate cuts from the following countries: Indonesia ( EIDO ): ...

BRIC Conclusion: Things are a bit dicey. Manufacturing is taking a hit from the global trade war, although the service sectors are still expanding. On the plus side, inflation is contained, which gives their central banks room to maneuver. Unemployment is low, which should support modest inc...

iShares MSCI India Index ETF (BATS: INDA )  jumps 5.4%  in premarket trading after India cuts its effective corporate tax to 25.17%, bringing its rate in line with Asian peers in an effort to attract investment. More news on: iShares MSCI India Index ETF, WisdomTree India Earni...

ISM Manufacturing PMI < 50 You probably already know that the latest ISM Manufacturing reading has dropped below the 50 threshold, a level which is pointing out at a contraction in economic activity. Furthermore, at just 49.1, the ISM Manufacturing fell to its lowest level since January...

Original Post By Sohrab Darabshaw India's growth rate has slowed, which in turn means sluggishness in the manufacturing sector. All of the above means lower consumption of steel. Riding on these developments comes the news that domestic steel producers are sitting on a "larger th...

By Xav Feng Three Asia-Pacific central banks, including New Zealand, Thailand and India, dropped a shocking bomb in the global market by cutting their interest rates aggressively on the same day. By the means of responding to a worsening global economy, the central banks of New Zealand, ...

The India Fund ( IFN ) provides investors exposure to Indian stocks through an actively-managed closed-end fund with a stated objective of long-term capital appreciation. The expense ratio is 1.32% and the distribution yield based on the current quarterly rate of $0.59 is 11.9% on the market...

By Gaurav Sinha India was in the news recently for completing its mammoth democratic federal elections and a financial budget that was presented in July. Now its central bank ((RBI)) is in the spotlight for doing an unconventional and aggressive rate cut of 35 basis points (bps) . Let...

The Indian economy has been one of the fastest-growing economies in the developing world with annualized GDP growth ranging from 6-11% since 2010. Most of this growth has come from the technology and construction sectors as it has slowly transitioned away from agricultural products. While the ...