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Deena Zaidi

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Is India heading for a grave Economic Crisis?

Is India heading for a grave Economic Crisis?

Posted on June 12, 2013Author deenazaidiPosted in Asia-Pacific, India, World EconomyLeave a Reply

India has one of the largest and fastest growing economes. It is one of the members of BRICS and forms a part of G-20. With a huge population, India now faces a high Inflation rate of 9.39% (CPI) as in April 2013 and a high CAD (Current Account Deficit). Eurozone crisis and in-house politics worsen matters further. Is all well in India? A brief & closer look at what is happening.

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