With a decreasing allocation to emerging markets seen in global allocations in August, it appears that there may not be much appetite for Indian equities by FIIs in the interim. In an interview with Falaknaaz Syed, Tushar Pradhan, chief investment officer at HSBC Global Asset Management India, said several domestic negatives such as continued softness in corporate earnings, a longer than expected impact of the disruption caused by GST and a political upheaval can damage the prospects of the ruling party’s efforts to get re-elected in the 2019 polls.
The Sino-Indian conflict of 1962 was a much-discussed theme in India in 2012-2013, the fiftieth anniversary of the high mountain border war between two Asian giants. There were commentaries and analyses by Indian participants and experts, which sought to examine weaknesses and strengths of the two sides and the lessons learnt thereof from history. But the reaction to the conflict in China itself has been relatively muted, not the least because political views in the supposedly Communist country happen to be strongly government-controlled.