Posted in Community :
Business & Strategy
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Activity:
15 views;
last activity : 11 20 2010 09:28:42 +0000
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It has to do with the economic growth...
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Growth is there, development is a question
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Yes the growth and optimism was always there for the last 5 yrs
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This rising optimism synchs with reported economic growth. After dipping below 6 per cent in 2008/2009, India's real GDP growth exceeded 7 per cent in 2009/2010 and is expected to approach 9 per cent this year, So it has to do with the confidence which is running high with the India's economic condition. |
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Yes, there is growth. Mesmerizing figures telling us the truth. When there is something already existed, the incremental improvement in it can be called growth. This is what is happening here. But, the development is a question. Unless, this growth turns into development, the growth has no meaning. Euphoria being created is "something is happening".
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global meltdown !!!!!!
did it affect India, i really doubt that it had any macro effect on Indian economy. yes the aura and bullishness was never down in India despite the global economy taking a dip
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