So, what does 2016 have in store for the Indian markets? Will they be able to take a giant leap forward in the leap year, and what are the key risks?
High fiscal deficits raise inflation which hits the lowest income and salaried classes.
The need to allow government shareholding in public sector banks to come down below 51 per cent
'By not letting bankrupt banks fail, we have discouraged ordinary folk from taking precautions while choosing their bank or at least when they hear bad news about their bank,'says S Muralidharan, former MD, BNP Paribas.