Indian economy slows, growth falls from 5.7 pct to 5.3 pct in quarter

Discussion in 'Economy & Infrastructure' started by Illusive, Nov 29, 2014.

  1. Illusive

    Illusive Senior Member Senior Member

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    Indian economy slows, growth falls from 5.7 pct to 5.3 pct in quarter

     
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  3. DingDong

    DingDong Senior Member Senior Member

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    Re: Indian economy slows, growth falls from 5.7 pct to 5.3 pct in quar

    It will take us at least two years to recover from the disaster named UPA-2. India's growth rate will reach it's normal level after 2016.
     
  4. sob

    sob Moderator Moderator

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    Re: Indian economy slows, growth falls from 5.7 pct to 5.3 pct in quar

    Third qtr. figures will be up because of the winter crop.

    More important than growth figures, are the inflation figures. RBI will be watching them closely. Expect a rate cut in Jan/Feb and the effect will be there in the 1st quarter of 15-16.
     

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