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Japan:
Second India-Japan strategic dialogue on economic issues
China:
India-Brazil-South Africa to cooperate in health sector
South Korea:
South Korea Gives US Beef The All Clear
India:
Indian government approves re-structured APDRP
Pakistan:
Restoration of Indo-Pak dialogue to push trade
Singapore:
India-Brazil-South Africa to cooperate in health sector
Thailand:
Fastest Growth for Thailand Economy in Six Quarters
Taiwan:
Taiwan Enjoy Expanded Trade Surplus
Indonesia:
Central Bank Chief Of Indonesia Detained
Malaysia:
Malaysia economy grows and banking liberalises
Revised GDP growth for 2007-08 at 9%
by Jo BlackThe revised GDP growth for 2007-08 released by CSO at 9% is in line with CII expectations.
CII had projected a GDP growth of 9.2% for 2007-08, said the Confederation of Indian Industry (CII).
The moderation in the growth has been mainly due to tight monetary policy resulting in interest rate hardening.
The impact has been severe on industrial production especially on Consumer durables sector.
The agriculture sector has registered a higher growth of 4.5% during 2007-08 as against a growth rate of 3.8% last year on account of above normal monsoon.
This is very encouraging as growth rate of agriculture during 2007-08 is higher than the plan target of 4% and will help contain inflationary expectations on account of food prices, said the CII.
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