India to break out of the pack as world heads into recession. What investors should do

While the coming year is expected to be characterised by a firmer handle on inflation and interest rates peaking out, the same will come at the cost of economic growth for a couple of years ahead. Growth in the U.S is estimated to be largely flat while growth in the EU is expected to contract by over 1%. At the same time, we expect Asian economies to exhibit a modest rebound with an estimated growth of 3.5% to 5% – contingent on public policies around fuller re-opening the economy.