Vietexplorer2024

India has solidified its position as a promising growth leader in the world economy, propelled by new paradigms such as the vision for a “Viksit Bharat” by 2047. In recent years, India has impressed the world with its resilient economic trajectory, achieving robust post-COVID GDP growth rates. From 2021 to 2024, India’s GDP grew by 9.1%, 7.2%, and 8.2%, respectively, averaging over 8% during this period. As the fastest-growing major economy, India is influencing the global ecosystem and attracting the new economic order towards the Global South. India’s outstanding G20 Presidency has established the country as a global thought leader, connecting regions through initiatives like the India-Middle East-Europe Economic Corridor (IMEC). Landmark initiatives, including the Delhi Declaration, the Global Biofuel Alliance, green initiatives to mitigate climate change, and the consent for cryptocurrencies, have positioned India as a beacon of global growth. These initiatives will significant...

There’s a positive outlook for Asia’s economic growth, especially when compared to other regions. This optimism is shared by the Reserve Bank of India (RBI), which forecasts a robust growth rate of 7.2% for India in the fiscal year 2025. According to CLSA, the Morgan Stanley Capital International (MSCI) Asia-Pacific index is projected to experience impressive Earnings Per Share growth (EPSg) of 15.0% in 2024 and 11.9% in 2025. In contrast, the MSCI World index, representing global companies, is expected to see more modest growth of 7.9% and 11.9% in 2024 and 2025, respectively. Looking at specific markets, the US (S&P 500) is forecasted to grow by 10.5% in 2024 and 13.1% in 2025. Europe, as represented by the MSCI Europe index, is predicted to decline by 5.2% in 2024 before recovering with an 8.1% increase in 2025. Emerging markets, driven largely by Asian economies, are the standout performers. The MSCI Emerging Markets (MSCI EM) index is expected to surge by 18.1% i...