Emerging Economy January 2009 - Indicus Analytics
by Indicus Analytics Private Limited on Jan 06, 2009
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Indian Economy Next Quarter ...
Indian Economy Next Quarter
• Data finally shows what we all have known – exports, growth, prices all fall.
• Downward momentum to continue for this quarter and level out in the next.
• But a steep crash averted.
• RBI slashes rates, govt stimulus packages announced.
• No fiscal space for more cuts, expect more in the budget/vote on account.
• Recovery now seen only by September 2009.
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