According to Goldman Sachs, inflows into India’s equity funds have reached a two-year high. They recorded an inflow of $3.2 billion in February. The national funds’ inflow was strong, reaching a new high of $2.3 billion. Foreign inflows also grew in India, reaching $2.2 billion in the week ending March 15. However, despite the increased inflows, India’s Nifty 50 index saw a slight fall.
China, on the other hand, exceeded expectations with its strong retail and industrial numbers for January and February. Retail sales increased by 5.5%, while industrial production grew by 7%. Overall, it seems that economic growth is strong in both India and China.
Vocabulary Insights:
- Inflow (Noun): The amount of money that enters a company or a country from investors or trade.
- Retail (Noun): The process of selling goods or services to customers in small quantities for their own use.
- Equity (Noun): The value of shares issued by a company.
- Exceeded (Verb): To go beyond the limit or expected amount.
- Industrial (Adjective): If something is “industrial,” it is related to or characterized by industry.
Vocabulary List:
6 words · tap to reveal
ON
Accent
Inflownoun
The amount of money that enters a company or a country from investors or trade.
Equitynoun
The value of shares issued by a company.
Exceededverb
To go beyond the limit or expected amount.
Retailnoun
The process of selling goods or services to customers in small quantities for their own use.
Industrialadjective
Related to or characterized by industry.
Inflowsnoun
