Karan Mehrishi is the author of "The India Collective: What India is Really All About" and the forthcoming "The Making of Monetary Policy in India: Imagining the Future."
Opinion
Warning signs are flashing over India's financial excesses
Risk-taking could inflate bubbles in the nation's economy.
A commuter walks past the building of India's Ministry of Finance during dusk in New Delhi, India. The current economic climate is not only providing India with fodder for growth, but it is also a recipe for disaster. © Reuters
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