IMF reports Indian economic growth at 5.4 per cent in 2009
Tania Solanki
Oct. 1, 2009

Finance Minister Pranab Mukherjee has expressed doubts whether the economy will grow at the rate of 6.1 per cent in the third and fourth quarters of 2009 due to an weak monsoon.

According to IMF, the Indian economy grew by 5.8 per cent in the first quarter and 6.1 per cent in the second quarter of this calendar year.

The IMF projects weaker growth in the second half of the year.

IMF reports Indian economic growth at 5.4 per cent in 2009
Tania Solanki
The Indian economy grew by 5.8 per cent in the first quarter and 6.1 per cent in the second quarter of this calendar year.
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No salary cuts for Air India pilots - strike called off
Amitabh Bhalla
Till Tuesday, day four of the strike, 100 flights had been cancelled. On Wednesday morning, 28 flights, including two international, had been cancelled.
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India, China, Brazil ready to lead the world economy - failure of G8 the so called club of rich puts G20 in focus : Manmohan Singh
Shenath Ramachandran
'It is that perception and that reality which has, I think, persuaded many people in Europe and the United States that this G8 is ill-equipped to handle all the global issues' : Prime Minister of India
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Indian Finance Minster confident of attaining 6 per cent economic growth
Reena Halder
Finance Minster Pranab Mukherjee on Friday said that the country would attain 6 per cent economic growth despite sluggish monsoon and drought like situation.
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900,000 employees of Indian banks plan to strike work on Aug. 6 and Aug. 7 for higher wages
Media Release
Staff at state-run banks, which dominate banking in India, and some private sector and foreign banks would participate in the strike, C.H. Venkatachalam, convenor of the United Forum of Bank Union, said.
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Indian Directorate General of Civil Aviation (DGCA) threatens to take severe action against private airlines for strike on August 18 but the problem is different
Parth Sharma
The eventual solution is that these airlines have to consolidate. They rely too much on Government controlled fuel price, airport facilities and upper middle class pseudo income from America and Europe. The business model is faulty.
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India starts action for getting back black money belonging to Indians from Swiss banks
Babu Ghanta
Indian Prime Minister Manmohan Singh told the Rajya Sabha on Thursday that 'action has already started' for getting back black money belonging to Indians from Swiss banks.
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Pakistan, Bangladesh and other countries dumped Rs 1,80,000 crore of fake money into Indian economy
Special Correspondent
This is a new terror threat from Pakistan and other foreign nations. Indian economy faces hyper inflation because of mountains of fake money in circulation.
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