Closed-End Fund Commentaries
Oct 25, 2017
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India’s growth prospects have brightened considerably, particularly with the steady progress that Prime Minister Narendra Modi has made with reforms. The economy is in better shape than before – inflation is benign, interest rates accommodative, and fiscal consolidation remains on track. Furthermore, the country’s immense growth potential is undiminished. Coupled with a huge domestic market, a more streamlined taxation system and expanding middle class, India’s longer-term opportunities look attractive.