India black money clampdown ‘not working’
Indian prime minister withdrew high value rupee notes from circulation in 2016
India
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India and China drive AUM growth in Asia Pacific
Consolidation expected after surge in India’s robo advisers
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Can India lure investors back in?
Prime Minister Narendra Modi says India is an ‘elephant that’s starting to run’
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Swiss banks no longer a safe haven for Indian tax dodgers
Two Indian citizens who argued their Swiss bank account details should not be handed over to Indian authorities in a tax dodging probe have lost their case in Switzerland’s highest court.
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Generali doubles up in India
Italy’s Generali Group is increasing its stakes in two insurance joint ventures in India to 49% up from 25.5%, “underscoring its commitment to growing its presence in the local insurance market”.
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Legal & General exits Indian life venture with £45m profit
Legal & General Group is to sell its 26% stake in IndiaFirst Life Insurance to private equity firm Warburg Pincus.
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Why India is the top EM pick
India has a big demographic story, which is among the reasons why it stands out for us, and why it is the largest single country overweight within our emerging markets (EM) equity allocation, says Jaisal Pastakia, investment manager, Heartwood Investment Management.
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Reforms add shine to Indian equities
Government policies have boosted the appeal of Indian equities and the country’s interdependence from global trade risks makes it an attractive long-term bet, according to Blackrock.
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Isle of Man denies financial crime case failings
The Isle of Man has hit back against claims by a news agency that it failed to respond to requests for information from Indian authorities in relation to a bribery and corruption investigation.
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Partnerships key to growing AUM in India
A strong local partnership is an important part of building up assets under management in India, with eight of the 10 largest fund managers in the country being joint ventures, according to a report from Boston-based research firm Cerulli Associates.
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India PM urges taxman to use data analytics to curb avoidance
Indian prime minister Narendra Modi has said that tax administrators should use data analytics to track undeclared wealth and set clear targets for improving tax administration by 2022.
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Could today’s India outshine yesterday’s China?
Though it might be tempting to view today’s India as yesterday’s China, Rathbones’ head of asset allocation Ed Smith thinks the region’s growth prospects could be even greater based on five key indicators.