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India excites OppenheimerFunds

Pursuing safety, it calls country the 'safest portfolio investment destination' among EMs

PULSATING MARKET: A goods-and-services tax (GST) will replace more than a dozen levies, creating a single market for India's 1.3 billion people.


THE pursuit of safety amid an uncertain global outlook is driving OppenheimerFunds Inc to India.

Political stability, credible monetary policy and the fastest growth among the world's major economies make India the "safest portfolio investment destination" among developing...

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