New Market Study Published: India Business Forecast Report Q4 2012
Core Views The Indian National Congress (INC) lost heavily in the country's recent state elections. The ruling United Progressive Alliance (UPA), led by the INC, now has reduced political clout. This suggests a higher risk of policy paralysis, which could potentially lead to early elections. Our core view is that real GDP growth has bottomed out, and we expect to see the country posting higher quarterly growth rates in the fiscal year ahead (FY2012/13, April-March). We project real GDP growth...
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