India is chasing China’s economy. Something is holding it back.
[ad_1] NEW DELHI – India’s economy is booming. Stock prices are through the roof, among the best performing in the world. The government’s investment in airports, bridges and roads, and clean-energy infrastructure is visible almost everywhere. India’s total output, or gross domestic product, is expected to increase 6% this year — faster than the United States or China.But there’s a hitch: Investment by Indian companies is not keeping pace. The […]