UBS has advised shorting the Indian rupee for now, which means FIIs may remain outside the Indian market for some time. Indian GDP growth is not looking impressive; at one point, China achieved over 10% GDP growth, while we have only managed to reach
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Anonymous 2
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Comparing India to China is pointless. They had a manufacturing boom and state-backed investments. India’s growth story is more service-driven, which doesn’t scale the same way.
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