| 28.08.2008 Opalesque Exclusive: India`s economy, Rupee seen weakening, fiscal deficit may rise to 4.5% |
| From Matthias Knab, Opalesque Europe: The Indian Prime Minister's Economic Advisory Council in its
August economic outlook report for 2008/09 said that:
The economy would slow down to 7.7% for the y/e March 2009, from
earlier forecasts of 8 - 8.5%, due to an economic slowdown
caused by higher oil, commodity and food items. Deepak Lalwani from London based Astaire & Partners Ltd. (d.lalwan |