I had the privilege of being able to attend a couple of investment conferences in India over the last week. One clear takeaway was that policy makers and independent observers are now reconciled to 6.5 to seven per cent GDP growth. Many people privately conceded that India is likely to bump along at these growth rates for some time, unless and until policy-making improves.

Akash Prakash: The dividends of doubt

Business Standard

The Congress party has seriously underperformed its own and most media predictions in the recently concluded round of state elections. The bulls had predicted that the Congress would get close to 75 seats and become the kingmaker in Uttar Pradesh, thus significantly strengthening its own position at the Centre.

Akash Prakash: The populism risk

The year 2011 was a really nasty one for the Indian equity markets, with the Nifty index down about 25 per cent, mid-cap indices down nearly 35 per cent &mdash; and in dollar terms India was the worst-performing market of 2011, down about 37 per cent. Everything that could have gone wrong in 2011 seemingly did. Investors began the year expecting GDP growth to clock near nine per cent; it will be near seven per cent.

Akash Prakash: Place your bets on India

The year 2012 has gotten off to a great start, with risk back on with a vengeance. Global equity markets are up across the board, and suddenly everything once again looks right with the world. In the US, the S&amp;P 500 is off to its best start since 1987, and is being led by deep cyclicals (materials, home-builders, semiconductors) and financials.

Akash Prakash

Akash Prakash

Page 10 - Akash Prakash

Akash Prakash: The dividends of doubt

Akash Prakash: The populism risk

Akash Prakash: Place your bets on India

Akash Prakash: All hail liquidity!