The Indian Economy Blog

Archive for August, 2009

India: A Bright Spot Amidst The Global Recession?

Sunday, August 16th, 2009

Nouriel Roubini, of the infamous (and silly) Dr Doom moniker, says India might just do OK. Despite slowing from highs of 8% to 9% growth, India’s economy will grow close to 6% in 2009. Amid domestic and global liquidity crunch, large domestic savings and corporate retained earnings are financing investment. Sluggish labor market and wealth [...]

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