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India Rising but is it just a bubble?
Prime minister Modi Poured 42 Billion USD last year into Indian stock and bonds in 2014!
This might have caused over inflated GDP growth on India's part. Indias Statistics office revised how they calculate their GDP causing a bit of a stir as they revised their growth from 4.7 to 6.9.
Is it a strategic move that India is trying to catch up to China? Hmm.
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@the Barber: It might well be , We will need to carefully look at what will happen .
Well lets see.
India is currently all over the news , "trying to catch up and overtake China as a superpower". I'm a bit skeptical about it right now.
It could simply be an overinflated bubble that might burst.
On the other hand, this market could really liftoff with its magical growth.