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Given the variability of the key elements, the Indian economy is likely to grow by about 6.5 per cent in 2009-10. It is unlikely that growth will be lower than 6.25 per cent but possible that it could reach 6.75 per cent,” it said...Rangarajan said the...
Tags: Indian, prime minister, willing growing, Dr Rangarajan, financial crisis, advisory council, minister manmohan, economic advisory, Manmohan Singh, Dr C Rangarajan
While in 2008-09, the first half escaped the impact of global recession, but in the current year the impact was being felt throughout the year, Dr Rangarajan said. Though Indian financial system had not been directly exposed to ''toxic or distressed''...
Tags: C. Rangarajan, C Rangarajan, Dr Rangarajan, economic meltdown, global economic, RBI, India, Hyderabad