Inflation likely to fall to 6.5% by Dec:Prime Minister's economic panel has said inflation is likely to decline to 6.5 per cent by December from "uncomfortably high" 8.6 per cent due to RBI's steps and the expected fall in food prices on the back of good monsoons.
Exporters Worried over foreign fund flowForeign capital inflows that helped equities markets rally handsomely in the second half of 2010 and led to a sharp rise in the rupee has now forced exporters and analysts seeking government intervention in curbing such inflows.
Economy likely to expand by over 8 pc.Indian industry expects the economy to grow by over 8 per cent during 2010-11, mainly due to rise in capital investment and capacity utilisation, a CII survey released today said.
India Inc’s business confidence falls:surveyThe survey by the Confederation of Indian Industry (CII) says the industry lobby's business confidence index for October-December 2010 fell by 1.4 points to 66.2 as compared to an increase of 1.5 points during April-Sep.
India,China not playing for second place:ObamaInsisting that the US cannot afford to cut its education budget, President Barack Obama has said it has to compete with countries like India and China which are "not playing for a second place" and voiced opposition to tax breaks to the American firms shipping jobs overseas.