Cricket
Movies
News
Business
Tech
IndiaShining
Masti
LetsDiscuss
Miscellaneous
Sports
Travel
Results
Health
All
What is rambhai.com?
Simple. Submit interesting links. Vote for other links on the Queue. You decide what's on the homepage! read moreWeek's Top 10 Interests
RSS feeds
Business: India's economic growth dips to 7.9 per cent
India's economic growth slipped to 7.9 per cent during the first quarter of this fiscal from 9.2 per cent for the corresponding period of the previous year. This is amidst concerns over the impact of reserve ban of India's tight monetary policy. The growth during the first quarter was the lowest in three-and-a-half years. It is also much below the 8.8 per cent expansion registered in the previous quarter. this is as per the data released by the Central Statistical Organisation (CSO) Friday. The data came against the backdrop of concerns expressed by the Indian industry over the current financial policies. There have been worries that the tight monetary policy adopted by the central bank to tame inflation and the high interest rates were affecting manufacturing growth
discuss | | category: Business | Content type: Text/Pictures | Add this link to... | tell a friend | bakwaas
comments