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FIIs may pull out more money post attacks: Experts

Mumbai, December 1:: The unprecedented terror attack in Mumbai is likely to exert additional pressure on foreign investors' sentiments, already hit by the global economic downturn, in the short-term, rating agencies said.` "There is an uncertainty among the foreign investors, especially FIIs given the adverse senti  ....Read more

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India and FIIBy: DA | Monday , 1 Dec '08 23:03:33 PM Reply | Forward FIIs are not that foolish. Such incidents can happen in many countries. India has the population and the demand. Its GDP is double of what it is as there is a cash market existing in India. With a few reforms in Taxation, the growth can easily touch 10 % but government is just curbing excessive growth due to inflation. After elections, Indians need not worry. FIIs can go to no other country in the region. Even if they plan to go to gulf, they just do not have the demand.... All the gulf banks are reeling under Eco crisis, (oil could go down to 10 dollars soon) their only source of income... India is a attractive market for 100 years atleast.....
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