| Temasek Holdings (Pvt) Ltd, the investment company owned by the government of Singapore, will continue its big-ticket investments in India as a long-term investor. It remains cautious on regulatory issues and on high inflation in the country.
Its annual performance review, issued today, says inflation in India is structurally higher due to supply-side bottlenecks and changing consumption patterns. “The growth-inflation tradeoff is a crucial question for the government, but even the more bearish analysts expect growth to be 7.5 per cent in March 2012,” it said..............................................Full Article: Source
|