Modi Euphoria Threatens to Turn Into Bond Ennui as Reforms SlowBy
India story ‘more boring now’ as Brazil appeals, says Ashmore
Rupee stability, credible central bank keep India attractive
Massive, game-changing and overwhelming were among the descriptions investors used for Indian Prime Minister Narendra Modi’s election victory in May 2014. Two years on, the slow pace of implementing policy threatens to sap interest.
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