QuotedData's Rana: Plenty of reasons for India to celebrate

This year's Diwali is particularly prosperous

clock • 4 min read

This week, millions of people both in India and around the world will celebrate the festival of lights, also known as Diwali.

It is an auspicious occasion that celebrates the plight of good over evil but is also used as a time to spruce up the home, buy new clothes and even start new business ventures. Money is gifted and friends and family are blessed with wealth and good fortune.  So why does this year's Diwali, which takes place on 4 November, promise to be particularly prosperous? After suffering from one of the world's deadliest waves of Covid-19 earlier this year, India has bounced back like no other country.  More than 400,000 deaths and 30 million infections were recorded, yet this time round, India'...

To continue reading this article...

Join Investment Week for free

  • Unlimited access to real-time news, analysis and opinion from the investment industry, including the Sustainable Hub covering fund news from the ESG space
  • Get ahead of regulatory and technological changes affecting fund management
  • Important and breaking news stories selected by the editors delivered straight to your inbox each day
  • Weekly members-only newsletter with exclusive opinion pieces from leading industry experts
  • Be the first to hear about our extensive events schedule and awards programmes

Join now

 

Already an Investment Week
member?

Login

More on Emerging markets

FundCalibre Elite Radar: Allianz China A-Shares

FundCalibre Elite Radar: Allianz China A-Shares

Deep dive into Elite Radar fund

Darius McDermott
clock 15 November 2024 • 5 min read
What is the outlook for emerging markets after the US election?

What is the outlook for emerging markets after the US election?

Video roundtable

Valeria Martinez
clock 15 November 2024 • 1 min read
China unleashes $1.4trn package to bolster economic growth - reports

China unleashes $1.4trn package to bolster economic growth - reports

'Good news for other emerging market economies'

Sorin Dojan
clock 08 November 2024 • 1 min read
Trustpilot