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India lowers economic growth forecast to 5%

India’s central bank has cut economic growth forecast to 5%, as the country is struggling with reviving its sluggish economy. This is the second cut in two weeks. Last week, the central bank had cut its forecast from 5.8% to

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India loses its tag as the second fastest-growing economy

The International Monetary Fund-IMF has forecasted the economic growth of India at 4.5% in 2012, much less than the big guns of ASEAN such as Indonesia and the Philippines and even Bangladesh. India, who has always been a tough competitor

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Foreign Investment in India- Why does it keep on keeping on?

AT THE start of 2012 India offered a cocktail that seemed guaranteed to be lethal for foreign investment: a faltering economy, corruption and political gridlock. In March came the final flourish, the equivalent of the barman spitting into your Death

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