U.S. Markets close in 4 hrs 55 mins

Channel Profits in Indian ETFs

Tim Smith

India, referred to as "the jewel in the crown" in the days of the British Empire due to its strategic location and exotic foods, is an emerging market often overlooked by investors. According to a CNN article, the Indian government attributed the robust economic growth to a sharp spike in manufacturing and construction. "Indian GDP growth beat most expectations in [the latest quarter] and is likely to continue expanding rapidly over the coming months," Shilan Shah, India economist at Capital Economics, told CNN.