Thursday, August 28, 2014

Is India heading towards more financial sector volatility? - Renu Kohli

.............Fundamental bearings are extremely modest in contrast. Although remarks by officials indicate that April-June quarter GDP growth may be 5.5%. The Reuters poll consensus, data released this Thursday, was 5.3%, an improvement over January-March’s 4.6%. But last year’s low base (4.7%) can’t really be ignored. Neither can the fact that GDP growth is likely to be heavily predicated..........

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