India achieves 8% Q2 growth
WSJ reports that " India's economy expanded faster than expected in the fiscal second quarter ended Sept. 30, sparking some hope the country can achieve 8% growth for the year.The economy expanded 8% from the year-ago second period, powered by a robust performance in trade, hotels and transport. Private-sector economists said the latest quarterly figures, announced yesterday, made them optimistic India can keep expanding solidly, though some cautioned that economic growth could falter unless the government redoubles its often-halting efforts to open up India more widely to foreign investment."
WSJ reports that " India's economy expanded faster than expected in the fiscal second quarter ended Sept. 30, sparking some hope the country can achieve 8% growth for the year.The economy expanded 8% from the year-ago second period, powered by a robust performance in trade, hotels and transport. Private-sector economists said the latest quarterly figures, announced yesterday, made them optimistic India can keep expanding solidly, though some cautioned that economic growth could falter unless the government redoubles its often-halting efforts to open up India more widely to foreign investment."
posted by Cogito at
9:56 PM
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