From Breakingviews - Geopolitics is shrinking India’s risk premium
, for example, are building factories in Karnataka and Tamil Nadu. JPMorgan analysts reckon India will make one in four iPhones within two years, even though manufacturing costs are higher than in China. Ontario Teachers’ Pension Plan, Canada’s third-largest retirement fund,part of its China equity investment team based in Hong Kong in April, seven months after opening an office in Mumbai.
India has traditionally wanted for overseas funds: it attracted 1% of the world’s foreign direct investment in 2021, compared with 9% for China and Hong Kong combined, according to the United Nations Conference on Trade and Development. Yet in a twist of fortunes, executives who spoke to Breakingviews now worry about overheating.
India is an easy place to miscalculate, too. Despite the prevalence of English and a powerful diaspora which includes the bosses of Alphabet
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Succession S4 Ep7: Two Indias (And Two Episode Directors)Slate Money Succession: Someone may have made a slight mistake with the subscriber numbers
Read more »
Breakingviews - Joined-up G7 is best China deterrentAt one point in Homer’s Odyssey, the hero has to steer his ship between twin dangers: Scylla, a multi-headed monster, and the whirlpool of Charybdis. Leaders of the Group of Seven rich countries meeting this month in Hiroshima may feel they are in a similar situation when it comes to China. They don’t want Beijing to invade Taiwan; but they also want to avoid war with the People’s Republic.
Read more »
Breakingviews - Buffett’s imprint on Berkshire reaches its limitWarren Buffett gives off a zen vibe about Berkshire Hathaway after his time is up. The billionaire boss of the $720 billion insurance and investing conglomerate made clear again over the weekend that his energy lieutenant, Greg Abel, would follow him someday as CEO. Bequeathing his stock to various foundations provides ownership succession, too. Even those best-laid plans, however, only help Buffett-ize the company up to a point.
Read more »
Punjabi Pic ‘Jodi’ Latest To Break Out In Strong Market For Indian Fare – Specialty Box OfficeIndian films are a box office mainstay and one, Jodi, from Rhythm Boyz Entertainment, hit big this weekend Stateside, grossing $734,000 on just 125 screens. In April, the film set a record as the m…
Read more »
Indian shares open higher on easing U.S. economic concernsIndian shares opened higher on Monday on improved sentiment, following robust economic data from the United States, but could consolidate amid a slew of corporate earnings.
Read more »
Body found in canal near 111th Avenue and Indian School RoadPolice are investigating after a man's body was found by a worker in an Avondale canal early Monday morning.
Read more »