Wednesday, December 31, 2008

Indian economy: Winner in global turmoil of 2008

It is the collectivism of RBI and the government that helped the government avert the blues of the global financial crisis on the domestic economy

Described as the elephant that didn’t know its strength, India stood tall in 2008 as the global community battled this century’s worst economic crisis, while easing prices and dissipation of energy turbulence offered the hope it would outperform the rest in the new year.
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