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The 'Warren Buffett of India' says his country's economy will 'come back with a bang'


Added 05-21-19 01:02:01am EST - “Indian billionaire investor Rakesh Jhunjhunwala says he's very upbeat about his country's growth potential after the country underwent a massive banking crisis and the rollout of important reforms over the last five years.” - Cnbc.com

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Posted By TheNewsCommenter: From Cnbc.com: “The 'Warren Buffett of India' says his country's economy will 'come back with a bang'”. Below is an excerpt from the article.

Indian billionaire investor Rakesh Jhunjhunwala says he's very upbeat about his country's growth potential after the country underwent a massive banking crisis and the rollout...

Stocks in Asia mostly recovered in Tuesday afternoon trade as investors cheered a reprieve in U.S.-China trade tensions surrounding Chinese telecommunications giant Huawei.

The issue of corporate debt has surfaced as companies continue to use the low rates the Fed has provided to lever up their balance sheets.

The U.S. government on Monday temporarily eased some trade restrictions imposed recently on China's Huawei, a move that sought to minimize disruption for the telecom company's...

Most U.S. hedge funds aren't expecting another big stock market sell-off as more firms curb bets on volatility, according to Nomura.

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