India: Investors Are Betting On a Hot Economy [FOX Business Network]
VAN ECK VECTORS GENERIC DRUGS ETF (GNRX)
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Source: FOX Business Network
Among the best performing areas of the emerging markets, India country-specific exchange traded funds have made a drastic surge since the start of the new year. Continue Reading Below Specifically, the India ETFs that focus on small capitalization stocks have been among the best performers in the emerging markets category year-to-date, with the Columbia India Small Cap ETF (NYSEArca: SCIN ) up 15.8%, VanEck Vectors India Small-Cap Index ETF (NYSEArca: SCIF ) 15.3% higher and iShares MSCI India Small-Cap ETF (BATS: SMIN ) up 14.6%. New Delhi projects India's economy could expand between 6.75% and 7.5% in 2017-18 as the government shifts tactics on its economy. India's market suffered a blow at the end of 2016 after Prime Minister Narendra Modi yanked about 86% of all cash from the economy to fight so-called black money to fight back against the huge shadow economy. While the economy may experience a short-term setback from the move, the resu
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