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Overview of the economy
* Growth rate of Gross Domestic Product dipped from an average of
over 9% in the previous three fiscal years to 6.7% during 2008-09.
*...
Mukherjee, however, has imposed 5% customs duty on set-top boxes used for Direct-To-Home television service.
He also...
What a difference a few months can make in a world of globalised money. About seven months ago, businessmen all over the world were crying about the liquidity crunch. To deal with that, quantitative easing came to be the buzzword among central bankers, as they flooded the banking systems with billions of dollars. Now, the pendulum has swung to the other extreme. Following almost a 100% rise in...
