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India emerges as BRICS' biggest growth engine

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Brazilians took the streets of Sao Paulo recently to protest the government's economic policies.   © Reuters

NEW DELHI/SAO PAULO/TOKYO -- India is seen as a winner among the BRICS group of developing countries -- Brazil, Russia, India, China and South Africa.

     The spotlight has shifted to India from China, which is facing a rapid economic slowdown. In January-March, India's economy will likely outpace China's for the third straight quarter. In Russia and Brazil, things are worse: Output is declining.

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