India’s economic growth declined to 7.6% for the second quarter of this fiscal, leaving industry with the hope that policy measures taken over the past month will avert a further fall and help revive manufacturing. The country’s growth was 7.9 percent during the first quarter of the fiscal (April-June) and 9.2% during the second quarter […]
Tag: Global Economic Slowdown
Current Fiscal FDI may miss target by 10 Billion Dollars
October 3, 2008 – 6:55 am
The foreign direct investment to the country may miss the current fiscal target by as much as $10 billion in the backdrop of a global economic slowdown and the US financial crisis, CEOs said in a survey. In a survey of CEOs by industry body Assocham, majority said India could optimally receive about $25-26 billion […]