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“India to grow faster in 2012-13”
Published on 1 Feb, 2012 at 5:38 in Business-Feature | Viewed 258 views times | No Comments
New Delhi: The Indian economy would grow a little over 7 per cent this fiscal ending March 31, and it would turn around in 2012-13, the government’s Chief Economic Adviser Kaushik Basu said Tuesday.
“In the current financial year, growth rate will be less than 7.5 per cent for sure, may be just a little bit above 7 per cent,” Basu…
India might become world’s 3rd-largest economy
Published on 20 Sep, 2011 at 0:23 in India | Viewed 452 views times | No Comments
New Delhi: India might become the world’s third largest economy in 2011 by overtaking Japan in terms of gross domestic product (GDP) measured according to the domestic purchasing power of the rupee, otherwise called purchasing power parity. India is now the fourth-largest economy behind the US, China and Japan.
Figures from 2010 showed that the Japanese economy was worth $4.31 trillion….
