https://www.scmp.com/rss/323255/feed en https://assets.i-scmp.com/static/img/icons/scmp-meta-1200x630.png https://www.scmp.com If markets reflect the wisdom of the crowds, then the victory of Donald Trump, who trailed his rival Hillary Clinton in almost every pre-election survey, knocked the bottom off India’s equities. The 30-share benchmark Sensex shed 1,500 points, close to 4 per cent of its value at opening. Earlier in the morning, a team led by analyst Saugat Acharya of ratings company ICRA had optimistically attributed a strengthening of the rupee against the dollar to “easing concerns over the results of the US... https://www.scmp.com/week-asia/politics/article/2044398/trump-begins-wreaking-havoc-indian-markets?utm_source=rss_feed https://www.scmp.com/week-asia/politics/article/2044398/trump-begins-wreaking-havoc-indian-markets?utm_source=rss_feed Wed, 09 Nov 2016 07:57:30 +0000 Last month’s terror strike on an Indian military base by militants from the Pakistani side of the disputed border between the two feuding South Asian nations has caused some unlikely collateral damage: Chinese goods. Indian social media has been buzzing with calls to boycott Chinese products, a movement that has snowballed in recent days. #BoycottChinaProduct and has attracted thousands of angry tweeple, all vowing to avenge China’s unrelenting support of its “all-weather” friend Pakistan, which... https://www.scmp.com/week-asia/geopolitics/article/2028171/how-chinese-goods-became-victim-pakistani-militants?utm_source=rss_feed https://www.scmp.com/week-asia/geopolitics/article/2028171/how-chinese-goods-became-victim-pakistani-militants?utm_source=rss_feed Sat, 15 Oct 2016 02:30:15 +0000 Supratim Chakravarty went to the US in the late 1960s with a degree from a top engineering college in India and little else. Today, he has a formula about America’s elections: “Newcomers initially vote Democrat because of their egalitarian politics. As their incomes rise, they shift to Republican, who promise lower taxes.” This presidential contest, between Hillary Clinton and Donald Trump, could turn this on its head. Trump’s call for increased protection for American industry, higher tariffs... https://www.scmp.com/week-asia/politics/article/2026697/how-trump-pushing-indians-towards-clinton?utm_source=rss_feed https://www.scmp.com/week-asia/politics/article/2026697/how-trump-pushing-indians-towards-clinton?utm_source=rss_feed Mon, 10 Oct 2016 05:47:16 +0000 India’s bragging rights for growing faster than China, making it the world’s fastest growing major economy, have taken a severe knock as even its already dubious official growth figures are now betraying signs of a slowdown. The latest numbers published for the April-June quarter show gross domestic product (GDP) is growing at an annualised 7.1 per cent, a sharp drop from 7.9 per cent in the previous quarter. This is the slowest growth rate in five quarters. 70 to 2: What the Rio Olympics medal... https://www.scmp.com/week-asia/business/article/2012338/india-really-growing-faster-china?utm_source=rss_feed https://www.scmp.com/week-asia/business/article/2012338/india-really-growing-faster-china?utm_source=rss_feed Fri, 02 Sep 2016 01:15:15 +0000