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India waiting for a decisive vote

A strong mandate can transform the economy, which has struggled with stagflationary conditions despite favourable demographics

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India's equity and currency markets appear optimistic about the country's election outcome and, therefore, about policy action and growth implications in the coming 12 months. In the run-up to the nationwide parliamentary elections, the Sensex has pushed into record territory - PHOTO: REUTERS

INDIA's equity and currency markets appear optimistic about the country's election outcome and, therefore, about policy action and growth implications in the coming 12 months. In the run-up to the nationwide parliamentary elections, the Sensex has pushed into record territory.

But, to

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