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Growth [ scroll down ] is considerably higher than in western countries. Its pick up in QIII 2003 made the stock market explode. A model for the USA? Note that there is a high correlation of the indian with the western stock markets.
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Inflation [ end ] is higher than in western countries, but decreasing, which makes average yields fall. This contributes to the explosion of the Bombay stock market in late 2003. The whole economic picture of India is a classical one.
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