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The iShares MSCI India ETF faces a 10.9% YTD loss amid capital outflows chasing AI trades and macro headwinds. While India’s outlook is positive, I rate the INDA ETF as a Hold.
IMF raises its forecast for world growth this year but warns of risks from AI boom, debt
India may have slipped to the sixth spot in the list of the world’s largest economies, but its GDP growth continues to defy estimates by both domestic and global institutions. At 7% plus, India is the world’s fastest growing major economy and what stands out in the current phase is the resilience amid multiple,…