Profit

S&P downgrade: Is India growth under seize?

PUBLISHED ON: April 28, 2012 | Duration: 10 min, 12 sec

   
loading..
Let's Talk Money looks at how S&P's downgrade of India's credit outlook will affect investment and growth in the country. S. Naren, chief investment officer, ICICI Prudential Mutual Funds, says good monsoon and poor global economic health will play an important role in determining India's growth track. He, however, says that fuel subsidy should be done away with. Equity markets, he says, will do well once there's some clarity on the reforms front.
ALSO WATCH
How Budget 2016 Will Affect Your Savings and Investments

................................ Advertisement ................................

................................ Advertisement ................................