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With almost all political parties adopting a hostile stance towards him and with acrimonious debates on religious intolerance, nationalism and divisive politics casting a shadow on the BJP, winning India in 2019 will not be a cakewalk for PM Modi. However, I think he could improve his prospects by focusing his attention on three key areas.
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A few days ago the United Nations pinned India as the fasted growing economy of the world. But if everything is so peachy, then why did the Nifty index break the 7000-level, which was last seen in the pre-Modi era? Are the reforms going haywire or are the policies not hitting the right chord? Well, it is neither. Here are the three critical reasons that explain the massive sell-off in India.
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U.S. crude prices jumped more than 10 percent on Friday after a report once again suggested OPEC might resort to a production cut to reduce the world glut, and resilient stock markets added to the ris...
India couldn't have been in a better position than it is today, thanks to the crash in crude oil prices. The crash has helped the Indian economy at a time when countries like Russia, Taiwan and Brazil are facing recession while China's growth is at a 25-year low. It has helped the Indian government revive three things which are critically important to the economy -- inflation, interest rates and fiscal deficit.