New Delhi, Aug. 26 -- India held its top spot in Mint's emerging market tracker for the fourth consecutive month in July, posting a composite score of 66 out of 100. Its robust macroeconomic fundamentals, driven by strong GDP growth and a resilient manufacturing purchasing managers' index, kept it ahead of peers.

The rupee dipped slightly, down 0.3% month-on-month (m-o-m), but stock markets remained steady, with market capitalization rising 2.2% m-o-m. While exports grew 7.2%, India lagged several peers on this metric.







China retained second place with a composite score of 62. Growth momentum and stock market performance remained stable, while a high import cover of 15.9 months underscored its external resilience. A broadly stable ...