Deputy Chief Economist

Sharmila Whelan

Independent and original Asian investment research

Aletheia Capital

Aletheia Capital (HK) Ltd. (previously known as Asianomics) combines the extensive knowledge of its experienced team with technology and regulatory changes to disrupt Global Markets business in Asia. The firm is completely independent with no conflicts of interest either on Investment Banking advisory or Capital Markets execution.

Thematic (Sector/Industry)

<p>With the growth rate fast veering towards the dreaded “Hindu’ growth rate of 4.5%, the norm for India for decades after the independence, Indian policy makers are springing into action. A plan for reviving the economy by increasing financing, public infrastructure spending and improving the ease of doing business has been put in motion. India’s troubled public banking sector is being restructured and consolidated. It might take another few quarters of economic pain before India revives but government policy and the reform agenda are finally moving in the right direction.</p>

With the growth rate fast veering towards the dreaded “Hindu’ growth rate of 4.5%, the norm for India for decades after the independence, Indian policy makers are springing into action. A plan for reviving the economy by increasing financing, public infrastructure spending and improving the ease of doing business has been put in motion. India’s troubled public banking sector is being restructured and consolidated. It might take another few quarters of economic pain before India revives but government policy and the reform agenda are finally moving in the right direction.

India: Modi Springs in Action