India 'only major economy' to see improved momentum: OECD

[Kshatriya87]

India 'only major economy' to see improved momentum: OECD - The Economic Times


LONDON: India is the "only major economy" that is projected to see a pick up in
growth momentum whereas mixed trends are predicted for the developed world,
Paris-based think tank OECD said today.

Most of the major economies --
developed and developing -- including the United States, Brazil, China and
Russia, are expected to witness stable growth momentum.

The Organisation
for Economic Cooperation and Development (OECD) said indicators point to weak
growth in Europe.< ..



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India 'only major economy' to see improved momentum: OECD - The Economic Times

 

[sob]

Out of the BRICS, Brazil and Russia are officially in recession, SA is not doing good, China is holding on and India is looking up.

Another country which is looking up is Indonesia.