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India’s Economy Is Going Strong

Bilateral economic ties are sure to be at the top of the agenda forIndian Prime Minister Manmohan Singh's visit with President BarackObama in Washington this week. India, though still home to a staggering800 million people living on $2 a day, has an economy that is booming.The New York Times' Vikas Bajaj tells Fred de Sam Lazar of NewsHourthat it was most likely the Indian perception of undeveloped financialinstitutions that saved their economy from the toxic assets that led tothe financial crisis.

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