Bhatia noted, "More women working means more women earning and spending on themselves. That changes consumption patterns significantly. Women traditionally managed household finances, but their spending behavior is different when they earn their own money."
India's is a gradual investment-led recovery that is going to fuel a subsequent consumer-led recovery and that story is entirely intact, says Ashmore Investment's Jan Dehn.
There are some leaked reports that say Mario Draghi will announce unlimited purchases of bonds upto three years from European sovereigns. Jerome Paul Booth of Ashmore Investment says unlimited bond-buying by the ECB will face opposition.
Jerome Booth of Ashmore investment doesn‘t expect to see significant positive announcements from the European Union summit starting this Thursday.
As far as India is concerned, Booth says, equities here are at a premium to other EMs.