Friday, February 4, 2011

India's economic growth :

Rapid Economic growth of India is under "serious threat" from inflation and getting inflation under control was a matter of urgency , stated by Indian prime minister. But Mr. Singh said India's inflation rate of 8.4% - and food price inflation of 17% - was indefensible. India's stock market has fallen this year on fears that high inflation will scare off foreign investors. Wages in India are also rising due to the demand of workers.

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