India economic growth
Good Morning friends,
Do you know that….?
India has been one of the best performers in the world economy in recent years, but rapidly rising inflation and the complexities of running the world’s biggest democracy are proving challenging.
India’s economy has been one of the stars of global economics in recent years, growing 9,2% in 2007 and 9,6% in 2006.
Growth has been supported by markets reforms, huge inflows of FDI, rising foreign exchange reserves, both and IT and real estate boom, and a flourishing capital market.
With the India economy now the world’s second fastest growing after China, India’s central bank has moved several times to cool this growth and reduce inflationary pressures.
Best Regards,
Mireya,
I too very strongly believe India growth story would continue to happen, and the next big for India would be Internet/Broadband/Internet Telephony, and the govt. is already moving that way.. http://goindia360.blogspot.com/2008/08/internet-telephony-next-big-thing-in.html
Way to go India!!
Rishil
24 August 2008 at 14:23