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Akash Prakash: A deepening sense of gloom

Government has failed to communicate to foreign investors that the long-term drivers of India's growth are still intact

Just when one thought things could only get better, they have got worse. An all-pervading sense of gloom seems to be descending on India and its capital markets. Having recently spent a week in the West, I can report first-hand the alarming lack of interest in India. Investors have a deep sense of disappointment. They also feel that trying to track and interpret all the noise swirling around the country is no longer worth the trouble . We have clearly lost the battle trying to make the case for India as a separate asset class (a status China and Brazil currently enjoy). Most investors no ...