“Foreign investors have pulled an estimated $26 billion out of developing Asian economies and more than $16 billion out of India, increasing concerns of a major economic recession in Asia,” independent Congressional Research Center said in its latest report o…

COVID-19 Impact: Foreign investors pull out $26 billion from Asian economies, over $16 billion from India

After a report on 19 May about foreign investors turning net sellers in the March quarter and pulling out $6.4 billion from the Indian equity markets largely due to the COVID-19 outbreak and ensuing risk-averse environment, a US Congressional report said on W… [+7211 chars]

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