“With GDP per capita only $2.5k per capita (vs. $12.7k for China) and positive demographic trends, India is arguably at the start of a long wave boom at the same time as China may be ending one,” said Morgan Stanley’s equity strategists, including Jonathan F Garner, in a note to clients.
Warburg Pincus to evaluate buying majority stake in Nuvama Wealth: Report
Warburg Pincus may acquire a majority stake in Nuvama Wealth Management as PAG looks to sell its 54% holding, valued at $1.6 billion. JPMorgan and
June 17, 2025