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Nomura Upgrades Indian Stocks Despite Cyclical Slowdown Possibility
Japanese brokerage Nomura has upgraded Indian equities to "overweight" from "neutral", primarily on the stronger structural story presented by Asia's third largest economy. In a report on Tuesday, the brokerage said India is a major beneficiary of the "China+1" theme and ...
Q2 economic growth indicative of recovery, says India Inc
New Delhi: The higher than expected growth in the second quarter of 2013-14 is an indication of recovery in economy but some key sectors still need to perform better, India Inc said Friday. "The GDP (gross domestic product) numbers released ...
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