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India set to outgrow Bric peers in 2016 for the 1st time since 1999

Investors have poured over US$7b into the country's stocks and bonds this year

Published Mon, Feb 9, 2015 · 09:50 PM

London

INDIA may be the last Bric standing. As Brazil, Russia and China hit hurdles, it's the poorest member of Goldman Sachs Group Inc's emerging-market group that's proving a darling of global investors. The International Monetary Fund (IMF) is predicting India will next year grow faster than each of its Bric counterparts for the first time since 1999.

So far …

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