Latest Expert Exchange Queries

Make your inventory and invoicing software GST Ready from Binarysoft info@binarysoft.com
sitemapHome | Registration | Job Portal for CA's | Expert Exchange | Currency Converter | Post Matrimonial Ads | Post Property Ads
 
 
News shortcuts: From the Courts | News Headlines | VAT (Value Added Tax) | Service Tax | Sales Tax | Placements & Empanelment | Various Acts & Rules | Latest Circulars | New Forms | Forex | Auditing | Direct Tax | Customs and Excise | ICAI | Corporate Law | Markets | Students | General | Indirect Tax | Mergers and Acquisitions | Continuing Prof. Edu. | Budget Extravaganza | Transfer Pricing
 
 
 
 
Popular Search: articles on VAT and GST in India :: Central Excise rule to resale the machines to a new company :: empanelment :: due date for vat payment :: ACCOUNTING STANDARD :: VAT Audit :: ARTICLES ON INPUT TAX CREDIT IN VAT :: form 3cd :: list of goods taxed at 4% :: cpt :: ICAI offer Get Windows 7,Office 2010 in Rs.799 Taxes :: VAT RATES :: TAX RATES - GOODS TAXABLE @ 4% :: TDS :: ACCOUNTING STANDARDS
 
 
General »
 Non-performance: I-T dept transfers 245 commissioners
 Income Tax efiling: Tax implications resulting from clubbing of income
 Guidelines for selection of cases for scrutiny during the financial-year 2017-2018-regd
  GST: How companies are gaming the system
 Goods And Services Tax transparency: Elimination of added taxes to boost investment in realty
 In a first, Income Tax department to charge govt official under new benami law
 Income Tax Return Filing: 10 common mistakes people make while filing return of income
 Income Tax efiling: A few essential facts for senior citizens to keep in mind
 Pre-GST discounts get Maharashtra 16% more sales tax in three months
 Here’s how self-employed should efile their taxes
 Advance tax given by individuals in June quarter rises more than 40%

Global fundmen give India the thumbs down
June, 20th 2008

Emerging market investors have become more bearish than ever, going by a global fund manager survey conducted by Merill Lynch analysts Michael Hartnett and Michael Penn.

Various sentiment indicators are at new lows and the view on Indian equities has deteriorated rapidly over the past month. While the forecast on global growth has hit a 2008 low of 61% bearish, the global and emerging-market profit expectations are near all-time lows.

Developed markets such as the US and Japan, from which fund managers had diversified in search of high growth, are back in favour.

The survey indicates that 23% of the managers polled are overweight on US equities. This US bias is the highest in seven years.

Fund managers prefer energy surplus economies such as Russia and Brazil over net importers of oil such as India and China.

The sentiment on Indian equities has dipped remarkably over the last one month. The underweight position on India has increased from 33% in May to 63% in June. On the other hand, around 84% of the global emerging market investors polled are overweight on Russia in June, as against 57% in May.

Shriram Iyer, head of research, Edelweiss Capital, says, The mood is what you see. Any chance of reversal in sentiments hinges on the chances of reversal of oil prices. Rising fiscal deficit and inflation numbers are only complicating the equation. These problems dont appear to go away in a hurry.

In this scenario, Shriram feels the short-term players among the foreign institutions have already made their exit. The longer term players continue to hold on to their India allocations. But at the same time, they are not showing any urgency to put fresh money into India, in view of the aforesaid concerns.

 
 
Home | About Us | Terms and Conditions | Contact Us
Copyright 2017 CAinINDIA All Right Reserved.
Designed and Developed by Binarysoft Technologies Pvt. Ltd.
Binarysoft Technologies - Our Portfolio

Transfer Pricing | International Taxation | Business Consulting | Corporate Compliance and Consulting | Assurance and Risk Advisory | Indirect Taxes | Direct Taxes | Transaction Advisory | Regular Compliance and Reporting | Tax Assessments | International Taxation Advisory | Capital Structuring | Withholding tax advisory | Expatriate Tax Reporting | Litigation | Badges | Club Badges | Seals | Military Insignias | Emblems | Family Crest | Software Development India | Software Development Company | SEO Company | Web Application Development | MLM Software | MLM Solutions