Market outlook: 'Growth in emerging markets may be better than developed world'

Jan 15 2013, 16:43 IST
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Growth in emerging markets is likely to be better than the developed world in 2013. (Reuters) Growth in emerging markets is likely to be better than the developed world in 2013. (Reuters)
SummaryEconomic growth in Global Emerging Market (GEM) seems to have stabilised albeit at a lower rate.

a downgrade in India's sovereign rating in the next 12-24 months citing slowing GDP growth and weak public finances.

In April and June last year, another rating agency S&P, had warned of further downgrades, which would put India into a junk status from the current lowest investment grade rating of BBB-.

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