Closed-End Fund Commentaries
Jan 25, 2017
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India’s growth prospects have brightened considerably, particularly with the steady progress that Prime Minister Narendra Modi’s new government has made with reforms. The economy is in much better shape than before; inflation is down, as are interest rates, and fiscal consolidation remains on track. Furthermore, the country has immense growth potential. Coupled with a huge domestic market and expanding middle class, India’s longer-term opportunities look attractive.