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Strategies & Market Trends : India Coffee House -- Ignore unavailable to you. Want to Upgrade?


To: Mohan Marette who wrote (8806)10/22/1999 9:27:00 PM
From: Mohan Marette  Read Replies (1) | Respond to of 12475
 
Duff & Phelps bullish on India over glimpse of political stability

DUFF & Phelps (DCR) is bullish on the Indian economy. In its Economy Update released on Thursday, DCR India has noted that the simple majority secured by the BJP-led alliance in the recent parliamentary elections is likely to lend stability to the government at the Centre. This follows DCR USA's observation that a stable coalition government would be able to focus more on correcting fiscal imbalances than on political manoeuvring. (ET-10/22/99)