Today in New Delhi, India
Sep 27, 2020-Sunday
-°C
New Delhi
  • Humidity
    -
  • Wind
    -
ADVERTISEMENT

Indian economy to grow close to 7% in 2008/09

Jan 25, 2009 00:27 IST
about the video

The Chairman of Prime Minister's Advisory Panel on Friday said that India is likely to grow close to 7 per cent in 2008-09. It may also expand at a slightly faster pace next fiscal but would depend on an improvement in the global economy. The Reserve Bank of India has cut its key - lending rate by 350 basis points since October, while the government has cut duties on manufactured products by 4 percentage points and pledged higher spending even at the cost of a wider fiscal deficit.

Other Videos

ht epaper

Sign In to continue reading