Market Vectors® India Small-Cap ETF

The Reserve Bank of India (or RBI) is India’s central bank. It maintained the status quo on its key rates in its fifth bi-monthly monetary policy statement. The statement was released on December 2, 2014.

Last year was a volatile year for the gold market. Softer demand from China and India, coupled with Trump’s victory, had immensely affected the precious metal.

With selling pressure removed, normal gold demand trends may re-emerge Historically, there is a seasonal pattern to gold prices dependent on physical demand trends. Often, there is weakness in the summer when jewelry demand, primarily from China and India, is low and trading volumes decline. Seasonal strength often occurs from August to January, beginning with […]

The final Markit services PMI (purchasing managers’ index) for India fell in February 2018 and entered the contraction zone.

India’s service activity in January 2018 According to Markit Economics, India’s service PMI (purchasing managers’ index) rose in January 2018, to 51.7 from 50.9 in December 2017, beating the preliminary market estimate of 51.5. The service PMI entered into a second straight month of expansion in January. The stronger service PMI was due to the following […]

Investors (SPX-INDEX) around the world looked to gold (GLD) (IAU) for the rescue during the slump in bitcoin prices.

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

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

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.

The implementation of the Goods and Service Tax (or GST) in India is expected to begin on July 1, 2017.

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.

For developing or high-growth nations, higher inflation is considered normal—compared to developed nations. The economic growth rate for developing nations is quicker. The demand is higher.