Sloppy research by Fareed Zakaria & Morgan Stanley’s Ruchir Sharma?  

September 22, 2014

Fareed Zakaria, quoting Ruchir Sharma and a Morgan Stanley research study, wrote that delayed reforms by Narendra Modi might get punished; Indian markets may retreat just as in Japan. But the Nikkei is now trading at a multi-year high

Moneylife Digital Team

Narendra Modi, India’s prime minister, "radiates confidence", writes American journalist Fareed Zakaria, who had been an anti-Modi writer not too long ago. "The public lauds him, world leaders court him and the Bombay Stock Exchange continues to soar,” he says.