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Invest in short-term debt instruments till clarity emerges
During the first UPA regime, there was a period when India received less FDI than Botswana. In the past six months, FIIs have been net sellers of Indian equity while investing in even Pakistani stocks. In 2011, India has been the worst performer among emerging markets. There are many reasons for this. There are obvious problems with inflation and especially, high crude prices. That has caused deterioration
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