The biggest risk is to rural consumption, a key driver of economic growth.
Residents wait in line to fill pots from a water truck in Chennai, India, on Thursday, July 4, 2019. Failed rains last year and delays in this year’s annual monsoon have left nearly half of India facing drought-like conditions, according to the South Asia Drought Monitor. Photographer: Dhiraj Singh/Bloomberg
India scrapped taxes and removed caps on the ownership of some bonds for foreign investors to attract overseas capital and stabilize the rupee, which has been under pressure from higher energy prices and equity market outflows.
India scrapped taxes and removed caps on the ownership of some bonds for foreign investors to attract overseas capital and stabilize the rupee, which has been under pressure from higher energy prices and equity market outflows.
India Gate in New Delhi. Photographer: Elke Scholiers/Bloomberg
Investors remain far from convinced that the sector has found a bottom.
Electronic integrated circuit (EIC) and photonic integrated circuit (PIC) semiconductor chips displayed at the MediaTek Inc. booth at the Computex 2026 expo in Taipei, Taiwan, on Wednesday, June 3, 2026. Computex is Asia's biggest electronics show, one that's transformed in recent years from a PC exhibition into an all-AI affair. Photographer: Lam Yik Fei/Bloomberg
Unexplained gains in Vietnam’s biggest stock have confounded seasoned analysts and set off a frenzy among retail traders, raising doubts about how long the rally can last.
Unexplained gains in Vietnam’s biggest stock have confounded seasoned analysts and set off a frenzy among retail traders, raising doubts about how long the rally can last.
Villas at the Vinhomes Ocean Park development in Hanoi. Photographer: Linh Pham/Bloomberg
The overarching narrative is that Indian equity markets missed out on the global artificial intelligence boom. But a look under the hood reveals a slew of smaller firms winning from trillions of dollars being spent on AI capacity.
The overarching narrative is that Indian equity markets missed out on the global artificial intelligence boom. But a look under the hood reveals a slew of smaller firms winning from trillions of dollars being spent on AI capacity.
Industrial chiller at Yotta Data Services Pvt. data center, in Navi Mumbai, India
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