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Monday, September 23, 2013

All is not bad with India’s economy: Part 2

Taking ahead the series here are Sachin Karpe’s observations on that could act as a respite for India’s economy.

Five: China’s exports are gradually picking up, hinting a growth in domestic consumption. This is a signal of improving health of the second largest economy in the world. According to Sachin Karpe,
this phenomenon will lead to an improved economic activity across globe.


Six: After Fed’s tapering of QE, Indian stocks went up on a record high, only to come down after RBI policy announcement. The market is yet to correct itself and stabilize at a level. The choppy behavior indicated volatility; hence there is no reason to panic, feels Sachin Karpe.

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