Economics

India Set to Outperform BRICs for First Time Since ’99

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India may be the last BRIC standing.

As Brazil, Russia and China hit hurdles, it’s the poorest member of Goldman Sachs Group Inc.’s emerging-market group that’s proving a darling of global investors. The International Monetary Fund is predicting India will next year grow faster than each of its BRIC counterparts for the first time since 1999.