India is the only BRIC-nation to raise rates, as others have either held or cut rates to help support economic growth, reports Kartik Goyal for Bloomberg. Inflation is the highest in India, compared to other BRIC economies. Economic growth is at 7.7% for the second quarter, the slowest rate in the past year and a half.
India-focused ETFs include:
- WisdomTree India Earnings Fund (NYSEArca: EPI)
- iShares S&P India Nifty Fifty (NYSEArca: INDY)
- PowerShares India Portfolio (NYSEArca: PIN)
WisdomTree India Earnings Fund
Tisha Guerrero contributed to this article.