Asia Times: Islamic investors turn to India

The relentless rise of the price of oil over the past two years has hardly been good news for India's stock markets and economy. While high oil prices gave the country's stock investors many sleepless nights, its impact on the economy was greater, including a spike in inflation rates and higher costs across industries. Lately, however, there seems to be at least one upside emerging from the oil-price rallies. A part of the immense wealth that the Islamic - primarily Persian Gulf - countries generated from the

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