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Indian Economy 2010
Indian Economy 2010 Overview: Development in the Global Economy Post-Recession.
Global economic recession is fading and the rocevery process from the damages is entering another year. Year 2009 gone well through our expectations and the Year 2010 is knocking for the faster and stable recovery. Economic health of the developed economies was not so impressive in the year 2000s and some of the emerging economies have seen an unprecendented growth over the past decade. Since the economic recession is settling down, the global comodity prices has also seen a comeback as the demand rising in response to the economic recovery. Unprecedented government intervention and exceptionally large interest rate cuts by the central banks around the world have contributed a lot to pull the global economy up from the the deepest recession. Are the global economies really coming out of this recession? Read more...
India Budget 2010
Rising Food Prices, Rising Public Debt, Expected Rise in Interest Rates. What would be the India Budget means to the Economy?
India's General Budget is expected to announce on 26th of February, 2010 at 11:00 AM (IST) by the Indian Finance Minister Pranab Mukherjee. Galloping Indian Economy after the recent shock by the worst recession has to be continue. Indian Government has announced the Financial Aid to the industries during the economic crisis in order to maintain the growth rate and to impede the risk of massive layoffs, however the decesion of the government had two affect. To help the industry in a gloomy economic time perhaps the prime job of the government, however to finance the stimulus package, Government started borrowing from the market and resulted, the Public Debt has swelled to more than 50 per cent of the total GDP. What would be the India budget means to the common people and how does it going to impact the industry, when the economic repairment is underway?
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Indian Economy 2010 Overview. Development in the Economy Subsequent To the Crisis.
Since March 2009, Global economies have shown a great recovery, in which some of the European economies bounced to the growth track and leading the recovery, but, how it going to impact the Indian Economy? 
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Second Quarter Monetary Policy Review. RBI Leaves Policy Rates Unchaged.
Germany and France, the largest and second largest economy of the European Region respectively has emerged from the recession after four quarters, and the United States is somewhat shy to comeout of the recession and is expected to expand by the end of this year.
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Global Markets are riding on a bull for a while, does it showing the recovery in the economy?
Equity Markets have performed very strongly in the last 3 months and gone far better beyond our expectations although its not a surprise to the investors or economist in anyway.
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Indian Economy at a Glance
• India's GDP Growth for the Fiscal 2008-09 at 6.7%. Total GDP for the same fiscal estimated at $1.08 Trillion.
• Agriculture accounts for 17.5%, Services accounts for 52% and Manufacturing accounts for 30% of the total GDP.
• India's Unemployment rate is more than 8.4%.
• Total Exports from Apr '08 till Dec '08 at $131.13 Billion.
• Total Imports for the same period at $235.34 Billion.
• India's Food Price Inflation at 17.47% at the end of week till 28th Nov 2009. Inflation for the month of Oct 2009 at 1.34%
“What's New”
Going forward, Reserve Bank of India might consider to raise interest rates to contain the rising money supply followed by the massive government borrowings, which'll make some impact on the headline Inflation.
India's Foreign reserve assets (including Foreign Currency, Gold and SDR holdings) stood at $285.16 billion till the end of second week of Jan 2010 in compare to $284.26 billion week over week.
Indian Government to boost spending in the near future to prop-up the economic growth.
