The Reserve Bank of India has raised interest rates to fight rising consumer prices in the country.
Incisive Media's Editorial Director Lawrence Gosling speaks to Motilal Oswal's Nitin Rakesh about the conundrum to investors that is India.
Prior to India's Budget, there had been considerable speculation about the extent to which finance minister Pranab Mukherjee would pander to populist demands.
Last year, many commentators and investors worried about deflation. They were looking the wrong way.
The Indian equity market has fallen 18% and seen a $1.5bn outflow of foreign investment since the start of the year as inflation fears drive investors back to developed markets.
Swiss & Global has launched a fund investing in the emerging economies of China, India and Indonesia.
Kotak Mahindra is launching an Indian infrastructure investment trust in a bid to benefit from the $1trn the Indian government has pledged to spend in the sector within the next few years.