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Renu Kohli: India – A boom-bust economy? – Business Standard (blog)

Written By: Latest News - May• 04•12
<B>Renu Kohli:</B> India – A boom-bust economy?
Business Standard (blog)
The excess liquidity benefited asset prices, that is, stocks, property and gold. Negative real interest rates, however, hurt financial savings; savers increasingly held cash or invested in gold. With capital inflows dwindling and growth slowing in

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