Bright spots for India

On a day when one got up from the bed and, straight off the bat, read the news of about one-third of India’s top corporations are technically bankrupt, it seems to make little sense to write about India’s bright spots. Schadenfreude is never a substitute for improving things on the ground. However, investors make relative judgements all the time. India’s troubles have been well flagged in recent months. What is interesting is that other countries are following in India’s footsteps and investors are beginning to take note.

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