US Shutdown Short-Term Positive For India: Ajay Argal
  • Elizabeth George
  • Oct 17 2013

October 17: Baring India Fund’s Ajay Argal says an end to the US shutdown is only one part of the problem for Indian equities and he will be closely watching the ongoing results season. Referring to Indian macro data, he says IIP remains a challenge, with the investment cycle still dead and food inflation likely to remain high.