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Franklin Templeton sees India’s growth untouched by poll outcome

Bloomberg India’s biggest foreign-owned money manager expects the nation’s economic growth and company earnings to be insulated from national elections even as stock market volatility increases in the run-up to voting. “Elections can only boost or dampen sentiment depending on the news flow, but they won’t massively impact the underlying earnings and economic growth of India,” said Anand Radhakrishnan, chief ...

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Trump is stumbling his way to a Mideast retreat

Iraqi President Barham Salih measured his words in a telephone interview from Baghdad. He didn’t want to worsen a quarrel with President Trump over US access to an air base in western Iraq. But Iraqi politics is fragile, and ill-considered statements by American presidents can have big consequences. “I appreciate what the US has done to help Iraq,” Salih told ...

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India’s RBI is right to cut interest rates

Call it beginner’s luck. India’s interest-rate cut, a surprise to most economists, was justified: Inflation is well below target and growth is slowing across all major economies. In that regard, the South Asian country is firmly in the mainstream. Where India isn’t in the mainstream is in the inability of a nominally pro-business government to hang on to a central ...

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