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Need To Cut Energy Subsidies, Curb Gold Demand: Jeff Chowdhry

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September 3: Despite low valuations, India is facing a crisis of confidence, says Jeff Chowdhry, Head of Emerging Equities at F&C Investments. Investors need to know that the government will intervene to kick start market and investments in the short term. “Elections also complicate things,” he says, adding that it remains to be seen whether the government will take steps which are unpopular now but good for the economy in the long term.