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Finance / Business / Economy in India

 

India is a best country for investment. Major foreign country invest its fund in India. World major stock exchange have india. India have National Stock Exchange, Bombay Stock Exchange, Ahmedabad Stock Exchange and many local stock exchange.

India has undergone a paradigm shift owing to its competitive stand in the world. The Indian economy is on a robust growth trajectory and boasts of a stable annual growth rate, rising foreign exchange reserves and booming capital markets among others.

Indian economy is estimated to grow at 8.6 percent in 2010-11 as compared to the growth rate of 8.0 percent in 2009-10. These GDP figures are based at factor cost at constant (2004-05) prices in the year 2010-11.The growth rate of 8.6 per cent in GDP during 2010-11 has been due to the robust growth rates of over 8 per cent in the sectors of manufacturing, construction, trade, hotels, transport and communication, financing, insurance, and, real estate and business services. Agriculture sector registered a growth rate of 5.4 percent in 2009-10. A growth rate of 18.3 percent is estimated for GDP at current prices in the year 2010-11.

The overall growth of GDP at factor cost at constant prices, as per Advance Estimates, was 8.6 per cent in 2010-11 representing an increase from the revised growth of 8.0 per cent during 2009-10. Overall growth in the Index of Industrial Production (IIP) was 1.6 per cent during December 2010 as compared to 18.0 per cent in December 2009. During April-December 2010-11, IIP growth was 8.6 per cent as compared to 8.6 per cent during April-December 2009-10. Core infrastructure-supportive sectors grew by 6.6 per cent in December 2010 as compared to the growth of 6.2 per cent in December 2009. During April-December 2010-11, these sectors grew by 5.3 per cent as compared to 4.7 per cent during April-December 2009-10.

 

 
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