Will the emerging market crisis eventually touch Dalal Street?

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The emerging market crisis follows a very familiar pattern. In times of high liquidity cycle (while the Fed is easing), the money supply is abundant and reaches far-away shores to seduce the usual EM suspects to go for an overdrive on consumption-driven growth with borrowed capital.

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HDFC AMC shares jump 3% after cons PAT jumps 31% YoY to Rs 641 crore, revenue up 39%

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