Emerging Markets Roundup: India

CONFIDENCE RISING

 

By Aaron Chaze

 

Economic policy reforms are having the desired effect: The confidence level of Indian businesses is on an upswing.

 

A survey by research firm Dun & Bradstreet shows that Indian companies now expect greater momentum for sales and net income growth.

 

Nonetheless, the IMF has lowered its 2012 GDP growth forecast to 4.9% from an earlier 6.1%. 

 

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