Wednesday, November 26, 2008
S&P: India to Record 7-8% Growth
Standard and Poors has said India is to record growth between 7.3-7.8% in 2008. That's quite a testimonial to India's economic resilience, as well as that of its service-oriented industry base.
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I have stopped taking the predictions of these rating agencies long back. They are the same ones which have been certifying all WallStreet junk as AAA rated.
It would be much better if we get rid of the fixation on stock market and GDP growth....and start doing something really useful.
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