India, according to PwC, in 20-30 years will become a second largest economy in the world similar to China.
Swiss investor Marc Faber is positive on India in the long term and says the agriculture and food sectors look attractive.
The editor of Gloom Bloom & Doom Report told CNBC-TV18 that contrary to the popular opinion that emerging markets have performed poorly in 2016, any market outside the US looks very attractive now especially in terms of valuations. Investors are too bullish about the US, and are neglecting Japan and Europe, he said.
Speaking to CNBC-TV18 Marc Faber says Indian‘government move to clampdown on black money is negative in the longer run. I don‘t think big corruption comes from bank notes.
Speaking to CNBC-TV18 Consulting Editor Udayan Mukherjee said that if Donald Trump goes on to win, I still hope there is a twist in the tale. If Trump wins, it is a black day, he said
"The need for infrastructure in Asia is huge. They have to build roads. You go to Jakarta, Manila, the infrastructure is a catastrophe," he told CNBC's "Street Signs," adding that to accommodate tourists, Asian countries needed to build airports and railways. "You cannot ship that many people by airplanes. There's no space."
In an interview with CNBC-TV18, maverick investor Marc Faber discussed US politics, Federal Reserve and why it is a good time to buy hard assets.
Central bankers trying to spur growth are like alchemists trying to make gold and they're just as likely to fail, said Marc Faber, the publisher of the Gloom, Boom & Doom report.
In an interview with Business Standard Marc Faber, the author of Gloom, Boom & Doom Report, spoke on how central banks‘ asset purchases â€“ which have only increased over time â€“ will impact prices.
The editor and publisher of the Gloom, Boom & Doom Report said Monday on CNBC's "Trading Nation" that stocks are likely to endure a gut-wrenching drop that would rival the greatest crashes in stock market history.
The world's central banks, which have maintained an unprecedented ultra-loose monetary policy stance, are likely to up the ante even further, according to noted analyst Marc Faber.
Anticipating a downtrend, Faber said he's holding physical gold in safe-deposit boxes and buried in his garden, as well as holding gold mining shares. For "ordinary" investors, he recommended holding gold exchange traded funds (ETFs), such as the Market Vectors Gold Miners ETF, or GDX.
Marc Faber, the widely followed market pessimist, see multiple risks that could threaten stock markets. He said Wednesday he thinks the market is fully valued and faces hurdles from a sagging global economy, sluggish earnings and the US presidential election.
Marc Faber said central bank policies are essentially monetizing debt, particularly in Japan, where he claims the Bank of Japan (BOJ) is buying all the government bonds the treasury is issuing.
Marc Faber, the editor and publisher of the Gloom, Doom & Boom Report (earning him the moniker "Dr. Doom"), added that he questioned central bank policymakers and the quantitative easing (QE) programs they launched in the US, euro zone, UK and Japan.
The publisher of the "Gloom, Boom & Doom Report" told attendees at the annual "Inside ETFs" conference that the medium-term economic outlook has become "so depressing" that he may as well fill a newly installed pool with beer instead of water.
Speaking before the release of heavily anticipated Chinese growth figures for 2015, Faber, the publisher of The Gloom, Boom & Doom Report, put the country's growth at about 4 percent, far from the 7 percent Beijing was aiming for, or the 6.9 percent it achieved.
According to GREED & fear newsletter, seven years of zero rates in the US dollar have created the incentive for a massive carry trade (investors borrowing in cheap dollars and deploying the money in better yielding assets). This will come under pressure once the dollar starts strengthening
The Federal Reserve has inflated an asset bubble and that`s going to damp market returns, perma-bear Marc Faber, publisher of The Gloom, Boom and Doom Report, told CNBC Tuesday.
Gita Gopinath, Economics Professor, Harvard University, says Rajan will be remembered as a person who was in charge when inflation came down, almost halved.
Neither Ramesh Damani nor Madhu Kela â€” two very smart minds in Dalal Street â€” are not ready to give up on India. In fact they urge retail investors to look at entering the market now by carefully picking stocks for their portfolio.
In the current scenario, Marc Faber sees very few buying opportunities in the global market and most markets, especially the United States, continue to be expensive. Emerging markets, according to him, look more attractive than the US from a 7-10 year perspective
"Indices are close to a high, but if you look at the 12-month new highs and the 12-month new lows, even in the last two days when the market rallied, there are far more 12-month new lows than new highs," Faber said Monday on CNBC's "Trading Nation."
After allowing the yuan to weaken a total of around 3 percent against the U.S. dollar on Tuesday, Wednesday and Thursday amid a shift toward a "managed float" regime, the People's Bank of China (PBOC) set Friday's fixing at a slightly stronger level.
As Faber sees it, since China makes up almost half of the world's industrial commodities consumption, an economic slowdown there could have a wide ripple effect.