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India Circumvents Global Turbulence

Leading finance officials in India remain confident that the economy there will be largely unscathed by recent turmoil in global financial markets. Fundamentally, the country is on firm footing with both production and consumption at elevated levels compared to its peers and inflation under control. Also, India’s SENSEX is still up 4.71% YTD despite outflows, exhibiting much resilience¹.


¹Bloomberg Data as of 8/31/2015 in CAD

http://economictimes.indiatimes.com/news/economy/policy/global-economic-turmoil-will-not-hit-india-finance-ministry-panel/articleshow/48906711.cms

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