Risk News
Rajeev Malik: The global risk on-off fireball
The combination of India’s economic structure and recent dynamics positions it as a unique global risk on-off trade. Thus, when global risk-on is in play, as is the case now, all appears deceptively OK for India. Portfolio inflows are on a roll, equity markets are heading higher and there is general optimism in the air. There is, of course, ample reflexivity in play as well — investors
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