Announcement

Sunday, June 7, 2009

Macroeconomic indicators - Indian recovery still distant

BL cited Dr Duvvuri Subbarao the RBI Governor at a recent briefing as saying that India’s economic recovery would be swift, ahead of the world.

But the current situation does not appear to bear out his optimism.

As per report, Indian economy grew by 6.7% in 2008-09 as against 9% in

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