Worried About Growth, Not Rupee Or CAD: S Naren
  • Elizabeth George
  • Oct 01 2013

October 1: The second half of the fiscal will be volatile with the upcoming elections, says S. Naren of ICICI Prudential AMC. Taking a long-term view, bad GDP years earn investors good returns, so it’s a good opportunity for investors, he says. July-September GDP can be lower with monsoon boost seen in the next quarter, he says, adding that CAD and currency are no longer a problem. The biggest task now is accelerating the growth of financial savings, he says.