Expecting a steady GDP rise by 7.5 % in 2016, 7.7 % and 8.0 % over the next 2 years, Handelsbanken’s Global Macro Forecast perceives the Modi-led government as pro-business with commitment to correcting the fiscal deficit. It reports that in the 4th quarter last year, GDP grew by 7.3 %, even with a reduction in global exports.

A considerable decrease in consumer price inflation to 4.8 % In March ‘16, down from 8.6 % at the be-ginning of ‘14 should also spell some good news. Read more here

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