
India economics: The Modi effect

The election of Narendra Modi has breathed new hope into India’s beleaguered economy, with private equity investors anticipating much-needed reforms. But the road to recovery is long and likely uneven
In the first few months of this year there was a clear sense that the Indian economy was bottoming out. In February, in the run-up to the general election, the International Monetary Fund (IMF) estimated...
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