Citi Sets Bullish 2026 Target for STOXX 600 as Fiscal Support and Monetary Easing Boost Outlook 
European Oil & Gas Stocks Face 2026 With Cautious Outlook Amid Valuation Pressure 
Dollar Slides to Five-Week Low as Asian Stocks Struggle and Markets Bet on Fed Rate Cut 
Oil Prices Hold Steady as Ukraine Tensions and Fed Cut Expectations Support Market 
Gold Prices Edge Higher as Markets Await Key U.S. PCE Inflation Data 
Asian Currencies Steady as Rupee Hits Record Low Amid Fed Rate Cut Bets 
RBI Cuts Repo Rate to 5.25% as Inflation Cools and Growth Outlook Strengthens 
Japan’s Nikkei Drops as Markets Await Key U.S. Inflation Data 
Asian Markets Stabilize as Wall Street Rebounds and Rate Concerns Ease 
Gold Prices Steady as Markets Await Key U.S. Data and Expected Fed Rate Cut 
Most macro indicators in Indian economy have been improving since early 2014. However, a recovery in private capex is asbent, partly reflecting large and persisting idle industrial capacity. Accordingly, euphoric expectations of a sharp improvement in growth a year ago are now giving way to more nuanced optimism.
Nevertheless, the government has made significant progress during its first year in office, avoiding quick fixes for the economy, while pursuing reforms in areas of key long term priorities, such as natural resource allocation, structural reduction in fiscal subsidies, financial inclusion, labour laws, and ease of doing business, supporting the long-term constructive outlook, says Barclays.
Several key economic sectors have been liberalised for foreign direct investment (FDI) in the past year - eg, defence manufacturing, railways and insurance - which can potentially attract large investments over time.
The country posted a robust growth rate of 7.0% y/y in Q2 2015 and expected to grow at 7.8% in FY 2015-16, says Barclays.
