Rahul Gandhi has managed headlines but his party has no clarity on alliances, no plan except Modi-baiting & no organisational preparedness to take on BJP.
The investor says he would ride out any volatility and even look to buy into declines if there's an erosion of Prime Minister Narendra Modi’s grip on power.
Change in stance signals possibility of rate cuts, potentially as early as December, depending on inflation trends & global economy. Growth projection for FY 2024-25 retained at 7.2%.
How come Indonesia, Malaysia, Turkey and Sri Lanka remain constitutional, democratic and stable despite Islam and Buddhism respectively, but Pakistan, Bangladesh and Myanmar don’t?
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