Best Gold Stocks to Buy Now: AABB, GOLD, GDX 
Australia Sets New Minimum Pay, Insurance Rules for Gig Workers 
US Dollar Holds Firm as Fed Outlook and Iran Tensions Keep Markets on Edge 
Gold Prices Slip From Two-Month High as Inflation and Fed Outlook Drive Markets 
Oil Prices Slide as OPEC, IEA Cut 2026 Demand Forecasts 
Wall Street Hits Record High as Softer Inflation Data Eases Fed Rate Hike Fears 
European Stocks Steady as U.S.-Iran War, Euro Zone Data Keep Investors Cautious 
Add as a preferred source on Google
Most macro indicators in Indian economy have been improving since early 2014. However, a recovery in private capex is asbent, partly reflecting large and persisting idle industrial capacity. Accordingly, euphoric expectations of a sharp improvement in growth a year ago are now giving way to more nuanced optimism.
Nevertheless, the government has made significant progress during its first year in office, avoiding quick fixes for the economy, while pursuing reforms in areas of key long term priorities, such as natural resource allocation, structural reduction in fiscal subsidies, financial inclusion, labour laws, and ease of doing business, supporting the long-term constructive outlook, says Barclays.
Several key economic sectors have been liberalised for foreign direct investment (FDI) in the past year - eg, defence manufacturing, railways and insurance - which can potentially attract large investments over time.
The country posted a robust growth rate of 7.0% y/y in Q2 2015 and expected to grow at 7.8% in FY 2015-16, says Barclays.
