Nris and Pios: The Real Ambassadors For Indian Equity Markets

Punita Kumar Sinha  Expert Board Member and Investment Professional We are in the 10th anniversary of global financial crisis (of 2008).  Is the Indian economy prepared for such a situation? A lot has already been said about the topic. Things have definitely changed in the last one decade. Financial markets are more macro driven today and face a different set of risks. Financial strength and capital adequacy are pretty good across the world for most banks. Regulatory regimes are better prepared and global growth is fairly robust. The major risks ahead  that I see are - rising interest rates, increasing protectionism and  higher inflation in the short-term. Interest rates in the US have already gone up and could go higher. In India too, we have seen bond yields going up over 100 Basis Points. While the short-term impact on growth has been muted, medium-term higher...