Modi's policies are pro-growth and favourable for India: Marc Faber
Despite giving a thumbs up to the Union Budget proposals, MARC FABER, a renowned global investor and author of The Gloom, Boom & Doom report tells Puneet Wadhwa that India's spend on infrastructure remains insufficient. For the next 10 years, investors will be better off in emerging markets than in the US, he says. Edited excerpts: How do you see the Indian economy shaping up in the backdrop of global headwinds and the Union Budget proposals? The Indian economy is performing relatively well. In India, there is always this debate at what rate is the economy growing - be it 6%,
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Contrarian Investor Dr.Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.