Abheek Barua: Is the 'Modinomics' euphoria overstretched?

Investors need to ask some basic questions before betting in the markets on the Gujarat model's national success

Abheek Barua

It is that time of the year, the time when our small community of economic forecasters gets down to the task of putting together a list of risks and comforts for the economy for the coming year. Identifying risks for India is a bit of a no-brainer. Clearly, the impact of the US Federal Reserve's "taper" of its quantitative easing and the complex matrix of election outcomes that we conveniently and quite inadequately label "political uncertainty" vie for the top spot on this list. However, while they might be easy to spot, it perhaps makes some sense to think through ...