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NEW DELHI - India may be among the first Group of 20 nations to begin winding back fiscal stimulus after Prime Minister Manmohan Singh said faster economic growth would allow the measures to be withdrawn. Full Article at New Zealand Herald
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(Corrects the high for the rupee yesterday in fourth paragraph.) Nov. 10 (Bloomberg) -- India’s rupee traded near a three- week high on speculation economic growth prospects will prompt overseas investors to buy more local equities. Full Article at Bloomberg.com
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Reasserting the fact that India could easily attain a growth rate of above 7 per cent in the next financial year, Planning Commission deputy chairman Montek Singh Ahluwalia [ Images ]Â said on Sunday India was not extensively dependent on the global... Full Article at Rediff
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Nov. 9 (Bloomberg) -- Indian stocks rose, extending a rally on the benchmark index to four days, led by Reliance Industries Ltd. after the Economic Times said it’s close to announcing an overseas acquisition. Full Article at Bloomberg.com
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India should begin to wind down the fiscal stimulus that was extended to the industry in the wake of the economic meltdown last year, even though the economy has not reached the high-growth trajectory, top economist Raghuram Rajan said today. Full Article at Business Standard
Related Quotes
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There are clear signs of an upturn in the economy
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Like other countries we resorted to a significant stimulus and we will take appropriate action next year to wind this down
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India has been able to face the global economic downturn better than most other countries in the world.
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The worst is behind us though the path of global recovery will be long and uncertain
