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Opining on everything, everywhere, the IMF gives the thumbs up to India's budget for threading...

Opining on everything, everywhere, the IMF gives the thumbs up to India's budget for threading the needle between trying to save money while increasing spending. The budget targets a deficit/GDP ratio of 5.1% vs. 5.9% last year. In the midst of 1-month slump, the Sensex +1.7% overnight.
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  • bbro
    , contributor
    Comments (9832) | Send Message
     
    India has nominal GDP growth of 13%....India has a savings to investment ratio of 33%...U.S. is 13%
    21 Mar 2012, 07:27 AM Reply Like
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