Eight-Week Indian Market Rout Highlights Need For Reform

Indian share markets have fallen every week for eight weeks in a row.

This is their longest losing run in 25 years.

The Nifty fell 8.7%, while the Sensex fell 8.4%.

Investors are choosing US government bonds because they now offer higher returns.

This makes it harder for Indian companies and other emerging markets to attract foreign money.

India is also facing concerns about oil prices, a weak monsoon, inflation and fewer jobs.

These problems may reduce how much people spend.

The article says India’s economy is unlikely to collapse, but recovery may be difficult.

It argues that India needs reforms to become stronger and less dependent on other countries.