Clouds Are Dark, Grey And Silver
The focus should be on reform as the biggest stress remains in agriculture, power and banking.
As we usher in the new year, the economic outlook is cloudy. But these clouds have shades of dark, grey and silver. One can sum it up as cautious optimism a glass half filled rather than half empty. Despite several challenges, India continues to be the fastest growing large economy, with an expected growth of around 7.5 per cent.
First, a look at the dark clouds. Stock markets have taken a big beating, especially in New York
