India now second fastest growing economy

Good for the Indian. Inflation is just part of the growing pain.

India now second fastest growing economy

Hello Every body!

This is Amit Kumar ANd after succesing of India In economy Finance sactor I am not fully satisfied Since there may be much growth that has not to be possible by problem of Mahngai Other information I will sent latter.

Indian inflation cancelling growth...
:eek:
India inflation rate rises to 11%
Friday, 20 June 2008 - Inflation hits a 13-year high in India, as the rising cost of food and oil continue to pressure prices.

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Indian inflation has risen to a new 13-year high, hitting shares and weakening the rupee. Wholesale price inflation rose by 11% in the 12 months to 7 June, up from the previous week’s 8.75%. The inflation rate is now at its highest since 1995.

Rising fuel and food costs are pushing inflation well above the government’s target of between 5% and 5.5%. The jump took many analysts by surprise. More interest rate rises are now expected. By midday in Mumbai (Bombay), India’s main Sensex index had dropped 319.8 points, or 2%, to 14,768.3 and analysts expected shares to move lower still.

“The market will probably drop further because nobody will be brave enough to buy, said Jayant Pai, an assistant vice president at investment bank IL&SS. Shares have slumped since the Sensex broke through the 21,000 level earlier this year.

Election [url:
http://news.bbc.co.uk/2/low/business/7465029.stm[/url]

Hello

Well Im Russian, and I beilieve india will do well in future. As for Russia’s concern belting with us will boom indian economy as in indiraa , rajiivs time.

As we will provide cheap weapons to strike pakistan, but we dont have wheat,rice to give. We Russians Make weapons and that we can provide for our Good india our friend. Love to from Russia. Me Dimitry , right now Im in my villa drinkin Russian Vodka, with 3 girls near to moskva.

GOOD FOR THE INDIA

IN NEAR FUTURE INDIA WILL BE A SECOND LAGERST ECONOMY AFTER China

China takin' the lead out of recession...
:confused:
China: Too big to ignore
January 11, 2010: Major global economies are all forecast to grow in the first quarter and throughout 2010. But China’s economy is expected to lead the pack.

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If the global economy really does rebound this year, guess what country is likely to lead the way? Hint: it’s not the United States. China is increasingly showing signs of economic life that aren’t yet evident elsewhere. Last week, a Chinese trade organization reported that 13.6 million cars were sold in China in 2009, making China the biggest market for autos for the first time. By way of comparison, 10.4 million vehicles were sold in the United States last year.

And on Monday, China said that its exports rose nearly 18% in December. That was the first gain after 13 consecutive year-over-year declines. What’s more, the increase allowed China to top Germany as the world’s largest exporter of goods in 2009. So what’s this mean for the United States and the global economy at large? Well, much like Glenn Close in “Fatal Attraction," these numbers show that China’s not going to be ignored.

“There is a very good case you can make that focusing on the G-7 five years from now will not be as important as focusing on the G-2. And the G-2 will be the United States and China," said Fred Fraenkel, chairman of investment policy with Beacon Trust Company, a money manager in Madison, N.J. “China won’t be as big as the U.S. by then but they are getting closer and they will be the second most important economy."

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