2. Presence of a stable govt has played a crucial role in ensuring revival of Indian equity market. FIIs have poured Rs 313 bn into Indian equities in the past three months.
3. Now one has to keep an eye on union budget which will act as an important catalyst in determining the movement of the Indian stockmarket. However one need not lose hope as Union budget is going to propel the market into new stratosphere.
4. However India has to also bear this fact that Indian bureaucracy is the worst among 12 Asian economies as per the info provided by a Hong Kong based consultancy.
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