Indian Market With Global Economies

Prime Minister Narendra Modi on Wednesday said their aim is to make India a global growth engine and that the country will soon emerge as an economic powerhouse of the world. Speaking at an event to mark the completion of 20 years of the Vibrant Gujarat Summit, Modi said they sowed small seeds of a "Vibrant Gujarat" 20 years ago, and today it has developed into a big tree. "We organised Vibrant Gujarat to make the state a growth engine of India. After 2014, our aim has been to make India a global growth engine, he said addressing a gathering of industrialists and businessmen. "We are standing at such a phase that India will soon emerge as a global economic powerhouse, he said. It is my guarantee to you that in a few years from now, in front of your eyes, India will be among the top three economies of the world, the PM said. Modi highlighted how from a humble beginning, the Vibrant Gujarat events have turned into an institution and many states later followed it by organising their

India's current account deficit widened to a more than nine-year high in the July-September quarter on the back of high commodity prices, which pushed up the trade deficit, data from RBI showed

The unprecedented move by one set of countries to try to impose a price at which another can sell a commodity has drawn confusion among traders, and - from Moscow - a threat of retaliation

What should investors do as India looks to shine amid global gloom?

Indian markets may see intermittent corrections due to policies of global central banks and other factors, analysts expect India's performance to continue. Here is a peek into what analysts are eying

There are limits to what central banks can achieve

The spread of unconventional monetary policies threatens to set off dangerous and unpredictable feedback loops

The disconnect is most pronounced in the bond market, where India's 10-year yields have almost no correlation with a portfolio consisting of global sovereign debt