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Submitted by Fielding on
A great piece of India's analysis! India's new FDI policy in the retail sector and other recent economic reforms, aiming at stabilizing the economy hammered hardly by the global slowdown, to some extent have partially reached its purpose on this stage. Its impact on longer-term economic fundamentals, nonetheless, has been largely ignored by the markets which focus on more near-term issues. Thanks for sharing the insightful views!