Marc Faber : In India The Interest Rates would have to go up rather substantially

 Marc Faber : "...in India they (interest rates) would have to go up rather substantially so that real short-term interest rates would be positive. To do that it's very painful on the economy in the near-term for the next say one year," - in NDTV


Marc Faber is an international investor known for his uncanny predictions of the stock market and futures markets around the world.