Posts Tagged ‘indian economy’
Corporates handled economic downturn with vigour
From battering in the stock markets to the infamous financial fraud in IT giant Satyam Computer Services, India Inc began 2009 on an ominous note but fought-off the effects of the global meltdown only to get sucked into pitched battles for turf or market share.
India cautions against hasty withdrawal of stimulus packages
India has cautioned against immediate withdrawal of stimulus packages by the governments as it may lead to “collapse” of the world economy.
India’s economy to grow 7.75 percent in current fiscal
The Prime Minister’s Economic Advisory Committee (PMEAC) chairman, C Rangarajan, said here on Tuesday that country’s economy will grow between 7 to 7.75 percent during the current fiscal despite poor performance of the agriculture sector on account of drought and floods.
Indian economy will have a nine per cent growth rate by 2011: PM
ddressing the India-Russia CEO Council along with Russian Prime Minister Vladimir Putin on Monday afternoon after earlier meetings with Russian President Dmitry Medvedev, Dr. Singh said: “Our saving and investment rates point to our ability to go back to go back to our growth rate of 9 per cent in about two years time.”