Posted inChina, India, South Asia, World

Indian officials defend Modi economic muddle

Amid a near euphoric mood for global emerging markets at the annual IMF-World Bank meetings with the benchmark MSCI stock index up almost 30% as average GDP growth was upgraded to over 4.5%, India stood out as a major disappointment with lagging 20%-plus share gains through September as first-quarter expansion came in at below-target 5.7% […]

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