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February 09, 2012

 

Even Terrorists Cannot Stop the Indian Boom

I was relieved to see this article in Business Week that the Indian stock market is doing well, despite the horrible terrorist attacks on the train system in Mumbai yesterday. According to the article, the Indian stock market rose 3% following the bombings, due in large part to a 44% rise in Infosys' earnings (whose revenue comes largely from Western companies working with the outsourcer and software provider). India's financial resolve in the face of terror should be a lesson to would-be terrorists that even their misguided motives and acts cannot stop regional economic progress and trade.

- Jason Busch


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