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India’s Inflation does not pass the smell test

Find the inflation numbers absurdly low…certainly not my experience.

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Current Nifty Sector Weights

Source: IDBI Capital Research

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Chart: The Modi Effect

Source: Economic Survey of India 2017-18

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Chart: India’s Fiscal Deficit

Source: Aditya Birla Capital Research

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India Property: Boom around the Corner?

Source: Morgan Stanley Research Report