India’s Economic Growth Slips to 3-Year Low

[Bobby]

Very Sad....

Very Sad? ...Yes may be for you... We are happy......India just recovered 10% currency....Share market it is 15 month high....

 

[IndoCarib]

Some countries can only dream of 6% growth.

Fitch lowers India’s growth forecast to 6% from 2012-13 - Moneylife

With some more reforms 9% growth is achievable

India can achieve 9-10% GDP growth: Jim O'Neill, Goldman Sachs - The Economic Times

 

[Ticker]

The article says that:

Taking note of the sagging economy, Prime Minister Manmohan Singh appointed a new finance minister a month ago, and there are hopes that he will take steps to address concerns of investors.


India had to appoint a new Finance Minister, the old one performed so well by bringing the economy down to 5.3% that they made him the President.

Very Sad? ...Yes may be for you... We are happy......India just recovered 10% currency....Share market it is 15 month high....

Congratulations.

 

[veekysingh]

The real numbers are much worse.

The Indian economy is contracting, with the currency collapse of 25% there is NO WAY Indian economy is growing.

indian numbers are not made by ccp

 

[Abingdonboy]

Short term situation-external factors at play.Worldwide growth is done. In the long-run India will be fine.

 

[INDIC]

--deleted--

 

[INDIC]

UPDATE 1-India rupee at 5-mth high on risk sentiment, fiscal hopes | Reuters

Indias current account deficit shrinks by 24% in April-June - NDTVProfit.com

 

[INDIC]

India had to appoint a new Finance Minister, the old one performed so well by bringing the economy down to 5.3% that they made him the President.

Dude, why don't you follow Indian news to get some correct information.

 

[Ticker]

Dude, why don't you follow Indian news to get some correct information.

Sir, please do correct me if I am wrong - and I can be, I am not from India.

 

[Sashan]

The growth will not be consistent for India and it will have the ups and downs. For a comparison, looking at the Chinese growth pattern will give an idea. It was a high growth rate in the 1980s and hit the lows for couple of years in 1989/1990 and then it picked up and a slowdown occurred in 1997 and then it picked up once again. It is too early to predict doomsday for India though India had to be consistent with its reforms, reduce the bureaucracy and start meeting the timelines for planned milestones of the infrastructure projects.

 

[gslv mk3]

The article says that:

Taking note of the sagging economy, Prime Minister Manmohan Singh appointed a new finance minister a month ago, and there are hopes that he will take steps to address concerns of investors.


India had to appoint a new Finance Minister, the old one performed so well by bringing the economy down to 5.3% that they made him the President.



Congratulations.

1 US dollar = 94.9000 Pakistani rupees

 

[veekysingh]

1 US dollar = 94.9000 Pakistani rupees

so u telling us pakistani ruppe fall little more then 50% in just 4 year? i dont know why they still worry about indian rupee