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India: Watch out for these external shocks

A disorderly slowdown in China and regional geopolitical tensions could derail optimism surrounding India’s outlook next year, according to a new report.

Asia’s third-largest economy is closing out the year with a bang as cheap oil boosts its fiscal position and investors cheer Prime Minister Modi’s pro-business reforms, making Indian markets one of the world’s best performing hedge fund strategies this year , according to Hedge Fund Research (HFR). The renewed confidence is crucial to India maintaining its status as the current favorite among emerging markets.

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