tag:blogger.com,1999:blog-39905015208435686542024-02-08T15:34:29.185+05:30The Indian Economy BlogAre we really doing good?Gurujihttp://www.blogger.com/profile/03130523784147965301noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-3990501520843568654.post-79623026410426780642007-06-10T19:54:00.001+05:302007-06-10T19:54:53.500+05:30India needs a period of slower growth<div xmlns='http://www.w3.org/1999/xhtml'><br></br><br></br><a href='http://economist.com/finance/displaystory.cfm?story_id=9307297'>India's economy | Waiting for the monsoon | Economist.com</a> <br></br> <blockquote>This is not to deny that India's economic speed limit has increased, to perhaps 7-8%, thanks to stronger investment and economic reforms. But growth has exceeded that limit. The economy still shows alarming symptoms of overheating, such as soaring house prices, credit growth of 28% over the past 12 months and 15%-plus average rises in wages for skilled workers. Industrial capacity utilisation has risen to a record high, and rampant domestic demand sucked in 41% more imports than a year ago in April, pushing the trade deficit to a record level.</blockquote></div>Gurujihttp://www.blogger.com/profile/03130523784147965301noreply@blogger.com0tag:blogger.com,1999:blog-3990501520843568654.post-42342338904518973012007-04-14T15:14:00.001+05:302007-04-14T15:14:21.985+05:30IMF forecasts slowdown of Indian economy<div xmlns='http://www.w3.org/1999/xhtml'><a href='http://www.ibnlive.com/news/imf-forecasts-slowdown-of-indian-economy/38393-7.html'>IMF forecasts slowdown of Indian economy : economic growth, GDP, IMF, slowdown : IBNLive.com : CNN-IBN</a> <br></br> <blockquote>The Economic Outlook points to a global economy that expanded vigorously in 2006, growing by 5.4 per cent while the economy of the United States slowed in the face of headwinds from a sharp downturn in the housing market.</blockquote><br></br></div>Gurujihttp://www.blogger.com/profile/03130523784147965301noreply@blogger.com0