PIN News and Press, Invesco India From 09/03/20

Original Post By Sohrab Darabshaw India's steel production contracted since the arrival of COVID-19. However, exports surprisingly notched a new high in the April-July 2020 period. Steels exports more than doubled in these months to hit their highest level in six years, reported ne...

India, the world's second-largest country by population, is home to 1.3 billion people, about half of whom are below age 25, meaning that a huge number of Indians will be entering their prime in terms of productivity and consumption over the coming decade. 1 The appealing size of India's to...

In India 2020: A Vision for the New Millennium , A.P.J. Abdul Kalam and Y.S. Rajan detailed how India could become a developed country and one of the world's four largest economies by 2020. But how is the India 2020 vision holding up in 2020? With the world's second-largest population, a ...

"The overall situation stable and controllable," China's foreign ministry declared , after 20 Indian troops were killed in a clash with Chinese soldiers along the countries' disputed border. More news on: iShares MSCI India Index ETF, WisdomTree India Earnings ETF, iShares S&P India N...

North Korea has blown up a liaison office shared with South Korea - just north of the tense Korean border - following weeks of threats to end a détente. More news on: iShares MSCI India Index ETF, iShares MSCI South Korea Capped ETF, WisdomTree India Earnings ETF, , Global news and ...

ETF Overview The Invesco India ETF (PIN) focuses on large-cap and giant-cap stocks in India. The ETF tracks the FTSE India Quality and Yield Select Index. The biggest challenge to investors who want to invest in India right now is the outbreak of COVID-19 that will continue to drag the econo...

"The Indian economy is going into a tailspin; it is the time when you don’t worry so much about monetary stability and you worry a little bit more about demand. I think demand is a huge problem right now in the economy." - Abhijit Banerjee On June 1, 2020, Moody’s downgraded...

By Prakash Sakpal We think the Reserve Bank of India's latest rate cut will reignite pressure on the Indian rupee and drive the USD/INR exchange rate towards 79 over the next three months. A 40 basis point cut to benchmark rates In an unscheduled policy announcement today, the Re...

India unexpectedly cut interest rates overnight to 4%, the lowest since 2000, after activity was brought to a virtual halt amid the coronavirus pandemic. More news on: iShares MSCI India Index ETF, WisdomTree India Earnings ETF, iShares S&P India Nifty Fifty Index ETF, Global news and ...

Original post By Stuart Burns The fear, so far largely unfounded, at the start of the pandemic outbreak is that it would be bad for developed economies with well-funded healthcare systems but disastrous for developing economies with immature or underfunded healthcare systems. The rea...