India’s neutral geopolitical position has benefited the country in terms of FDI flows and international business. Redirection of FDI into friendly destinations can be seen in the data and India is benefiting in particular relative to China with regards to FDI coming from the US, says Claudio Irigoyen, head of global economics research at Bank of America.
US stocks: Dow rockets 1,100 points, S&P over 2% as oil slide cools inflation worries; Nvidia slumps
US stocks experienced a notable upswing on Monday following a decline in oil prices that calmed inflation worries and propelled market growth. The S&P 500