Sanjay Mathur, managing director and head of economics research for Asia Pacific (ex-Japan), Royal Bank of Scotland, tells Business Standard that in the emerging market pack, India needs to learn lessons from Korea and Taiwan, which have managed their economic situations well.
'India is likely to do better than other emerging markets.'
The catalyst is the run on emerging market equities, but many investors are just tired of waiting for India to get its act together.
The Indian government and RBI must keep foreign equity investors happy and avoid crushing growth expectations, notes Akash Prakash.
They believe that long-term story is intact.
Compared to their Indian peers, MNCs have higher return ratios.