Fisher Capital Management Seoul Korea: Market Overview 1st Quarter 2010
Fisher Capital Management Seoul Korea: Market Overview 1st Quarter 2010 - India is in a
sweet spot.
The central government budget which set the tone for reducing fiscal deficit and an...
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Fisher Capital Management Seoul Korea: Market Overview 1st Quarter 2010
Fisher Capital Management Seoul Korea: Market Overview 1st Quarter 2010 - India is in a
sweet spot.
The central government budget which set the tone for reducing fiscal deficit and an
unexpected increase in the policy rate to rein in inflation has convinced the markets and
economists that India is on its way to having a robust economic growth.
Industrial output also
continued to grow at a fast pace in January as companies produced more cars and cement.
In the
fiscal year 2011 that ends in March 2011, GDP growth of 8.
5% is achievable.
Long-term
predictions for the southwest monsoons are expected to be normal, giving a boost to agricultural
production and domestic demand.
Fisher Capital Management Seoul Korea- Inflation in India has been surging, driven by a low
base and high food prices as the weakest monsoon rains in 37 years last year hurt farm output.
Inflation running at 8.
5% may have peaked and it is ex
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