Equity Update :
In today's Indian
Stock Market the benchmark indices
are holding onto intraday gains after a positive start taking cues
from Asian peers. Investors are optimistic of reforms and
business-friendly policies in the Budget 2015.In
future as India is expected
to grow at 6.3 percent this year and 6.5 percent in 2016 by when it
is likely to cross China's projected growth rate, the IMF said today
while terming the new government's reforms as "promising"
but insisted that their implementation is key. In 2014, India's
growth rate was 5.8 percent against China's 7.4 percent, said the
World Economic Report update released by the International Monetary
Fund. India's growth rate in 2013 was five percent as against China's
7.8 percent.
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