CPI

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Rexit Reality Check: Investors don’t have much to fear

2018-12-04T11:40:31+00:00July 8th, 2016|2016, India Investment Journal June/July Edition, Policy India, Year|

Now that Brexit is done, dusted and fading from the front pages of Indian newspapers, it is time to return to a question that has more immediacy in the domestic context: What after Rexit? The shrill reactions have subsided. Knee jerk reactions like “After Rexit, ruin,” have, fortunately, proved premature and alarmist. Rexit, of course, borrowing a reference from Brexit or Britain's exit from the European Union (EU) to reflect Raghuram Rajan's impending exit as Reserve Bank of India (RBI) [...]