Even in a high inflation situation, the India growth story has been having a home run. Though global slowdown does have an effect on the Indian market, it has been seen time and again as being marginal and temporary. Majority of India growth is drawn by internal demand, says Richard Gibbs, Global Head of Economics, Macquarie Securities. In an exclusive interview with CNBC-TV18, he says that the summer rally is, however, more or less over now.
Below is the edited transcript. Also watch the accompanying video Q: What have you made of the situation across the globe and how it would go ahead and impact global equities? There is a start of a slowdown that we are seeing, but do you think it would get worse from here?A: It
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