gfiles magazine

February 9, 2015

Decline in near future?

dr gs sood

The Sensex is fast galloping towards the 30,000 mark, riding on the global environment that is turning less negative and India shining in a world starved of growth. Flush with liquidity unleashed first by the US Fed followed by the Chinese and Japanese and now the European Central Bank (ECB), India is amongst the rarest bright spots experiencing steady rise in growth rate, relative currency stability with steadily increasing forex reserve, declining inflation and interest rates, moderating fiscal deficit, strong reforms push leading to a decisive shift in the policies aimed at giving a boost to public investment-driven macro stabilisation and a potential sovereign rating upgrade. All this has tremendously increased its attractiveness for investors across the world.

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