WisdomTree India Earnings Fund

An aging population is likely to keep global economic growth muted in the years to come. This is primarily because the dynamics of the population are rapidly changing.

Through Internet.org, Facebook offers various countries in the developing world a free app that enables users there to access certain websites and apps without any data charges.

The Nikkei India Manufacturing PMI for April 2017 matched its reading for the previous month.

India’s current account deficit rose to 4.8% of GDP in 2012–2013, largely financed through hot money flows, and exceeded the government’s target level of 2.5% to 3% of GDP.

Lost in all the chatter about interest rates is a structural phenomenon that may be of far greater significance: demographics.

Consumer spending in India (INDL) stood at ~17.8 trillion rupees in 4Q16, an 11% increase compared to 16.0 trillion rupees in 3Q16.

Global investors’ perception of India has dramatically transformed in the last two years.

There are several compelling reasons for India’s rising pharma stature, including inexpensive labor, strong government support, and lower production costs.

India’s strength within the pharmaceutical sector can be seen in the sheer number of pharmaceutical manufacturing plants in the country, which number approximately 10,500.

Looking for the next frontier in emerging market investing? Del Stafford dives into these underdeveloped countries to assess the investment case.

Amazon (AMZN) has finally launched its Prime membership in Singapore, thus expanding its reach in the fastest growing region of Southeast Asia.

IBM was trading at a forward EV-to-EBITDA multiple of ~9.25x on November 11, 2017.

The service sector PMI (purchasing mangers’ index) in India (INDA) rose to 53.1 in June 2017, compared to 52.2 in May.

Uncertainty related to India’s new goods and services tax, which was implemented on July 1, 2017, seemed to affect India’s manufacturing activity in June 2017.

Consumer spending in India (INDA) is expected to grow via remonetization and other reforms undertaken by its government in 2017.

Manufacturing activity in India lost momentum in May 2017, with the India Manufacturing PMI (purchasing managers’ index) recording a decline.

Consumer price inflation in India stood at ~2.2% on a YoY (year-over-year) basis in May 2017, as compared to its 2.99% rise in April 2017.

Economic growth in India (INDA) slowed during the country’s fiscal 4Q16 (January 2017–March 2017), revealing the impact of demonetization.

Indian equities have remained steady in June 2017, but markets remain cautious about the end of the quarter, given the impact of the GST (Goods and Services Tax).

Total factor productivity measures increases in overall output due to technological advancement without an increase in inputs.

India’s trade gap increased 173.5% on a year-over-year basis to ~$13.3 billion in April 2017, beating the market’s expectations of an ~$12.8 billion gap.

On November 30, IBM was the largest player by market capitalization in this space, followed by Accenture. Cognizant (CTSH), Infosys, Wipro, and Teradata.

Banks saw a rise in term deposit accounts since the demonetization. As a result, commercial banks sharply reduced their deposit rates.

The demonetization that has been in effect since November 9 is expected to have a negative impact on inflation. Consumer spending activity almost stopped.

The demonetization of the 500 rupee note and the 1,000 rupee note will likely hit the Indian economy hard in the short term.

The 500 rupee note and the 1,000 rupee note were demonetized at midnight on November 8. The move aimed to curb black money in the financial system.

In its October World Economic Outlook, the IMF projected that India’s economic growth would reach 7.6% in both 2016 and 2017.

Consumer prices increased in India by 5.8% in June 2016 on a year-over-year basis.

Digital India aims to make government services available to all Indian citizens electronically by providing countrywide Internet connectivity and infrastructure.

The GST bill was passed by both houses of the Indian parliament on August 8, 2016.

Despite the impressive reform agenda and robust GDP growth, there are several challenges facing the Indian economy (PIN) (EPI).

The RBA released its minutes. Inflationary pressures were subdued—noted by a sluggish rise in consumer prices in Australia of 1% in 2Q16.

Are Indian corporate earnings likely to turn around? Earnings have been flat since late 2014.

Industrial production remains a problem for India, with the RBI (Reserve Bank of India) noting that the index measuring industrial production decelerated in fiscal 2015–16.

Average revenue per user (or ARPU) is a key metric for Internet companies, as it helps in analyzing how well a company can monetize its user base.

Cognizant’s (CTSH) revenues in 2015 rose by an impressive 21% to $12.4 billion from $10.3 billion in 2014.

Revenues from the financial services segment of the India-based (EPI) Infosys (INFY) were $663 million in fiscal 3Q16. This is 27.5% of total revenues.

Intuit’s tax and accounting software and offerings dominate the very small business (or VSB) accounting market in the United States.

The Walt Disney Company’s (DIS) Media Networks segment is the company’s largest segment in terms of revenue. It had 45% revenue share in 1H15.

Fiat Chrysler’s key operations include mass-market car brands such as Alfa Romeo, Chrysler, Dodge, Jeep, and Ram. Its luxury brands are Ferrari and Maserati.

Indian stocks had a strong run in the last half of 2014 through early 2015, but the ride since then hasn’t been smooth. The INDA is up only 2.6% in the one year ended June 2015.

The young Brazilian population could revive the economy. A younger population is a key demographic indicator to watch out for.

A young population in emerging markets makes them attractive, but beware! Some of the emerging economies are facing a lot of headwinds.

The Make in India campaign, introduced last September, is expected to create job opportunities for at least 100 million youths in India over time.

India produces a little under a quarter of its crude oil demand. The EIA estimates that India had close to 5.7 billion barrels of proven oil reserves at the beginning of 2014.

In India, the consumption of oil products saw steady growth over the years. The CAGR (compound annual growth rate) for the ten years ending in March 2014 is above 3.5%.

Before moving on to India’s petroleum consumption, production, and refining, it would be beneficial to take a look at the various products that India produces and consumes.

The primary reason for India’s slow infrastructure development is poor implementation.

Doing business has been a major concern for international businesses interested in setting up shop in India.

The RBI is India’s central bank. It used to announce its monetary policy twice in a financial year. In India, a financial year begins in April and ends in March the next year.