Subdued exports growth, sharp drop in imports and waning output prices signaled the economy is performing below its potential. Data suggests Asia’s third-largest economy could do with some more stimulus. by Anirban Nag India’s economy showed conflicting signs of a recovery in a climate clouded by uncertainty ahead of a general election beginning next month. Overall activity in February picked up slightly from the previous month, according to a slew of high-frequency indicators compiled by Bloomberg News to measure ‘animal spirits’ — a term coined by British economist John Maynard Keynes to refer to investors’ confidence in taking action. […]

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