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Will “Incredible India” Be Incredible Again in 2012?

A sculpture of a bull stands outside the Bombay Stock Exchange. (AP Photo/Gautam Singh)

To say that last year was annus horribilis for the Indian economy is an understatement. With inflation above 9%, the Reserve Bank of India raised key interest rates several times only to see GDP growth projections drop to the 6%–7% range. Nonetheless, a panel of financial executives felt sure that with a few policy tweaks the year 2012 will be better than 2011. Read more

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