For all its fans among those seeking enlightenment, not everyone has a high opinion of India.
Arthur Koestler???s 1960 classic book, ???The Lotus and the Robot,??? unflatteringly described his experience of arriving in Bombay (Mumbai) as ???the sensation that a wet, smelly diaper was being wrapped around my head by some abominable joker.???
Global investor Jim Rogers refuses to invest a dime into India, saying it???s ???a wonderful country, but a terrible investment.???
Yet, India is now the single best-performing stock market in the world among the 45 global stock markets I monitor. And the Indian market???s recent rise has propelled India into the ranks of the 10 largest global stock markets in the world.
No wonder India is becoming the global investment story of 2014.
Read more about India’s emergence as the world’s #1 stock market at Eagle Daily Investor.