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nramaswamy | September 25, 2009
Factors that have saved India
Internal and external policies of India have saved the country from total collapse. Despite market crash worldwide, Indian economy remains afloatMarket based on strong infrastruture
A strong domestic market, with relatively low dependence on exports, combined with high savings, has made India one of the best performers in this global slowdown. In fact the economic meltdown had little impact on many quarters of Indian economy.
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kpurnendu | September 25, 2009
Modern retail to stay here
Situation is gradually coming back to normalcy ad retailers are gearing with new business strategies which are conducive to the growth of modern retail.The world economy has been under tremendous pressure in the last 12 months, many countries going through negative growth, with serious implications on the retail and consumer goods companies. Our country has also its own share of concerns, but overall we have been able to maintain a much better GDP growth rate of 6.5% in 2008-09, and maintain the momentum going forward.
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