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[31 Aug 2010 | No Comment | ]
Indian Economy Rises to 8.8 Percent

India’s overall economy progressed 8.8 percent from April to June in comparison with the same period previous year, influenced from their powerful pick-up in production, trade, transportation and services.
The progress during the initial quarter of India’s financial year which usually goes from April to March had been mainly based on expectations, and had notices an increase of the 8.6 percent growth recorded when compared with the previous year quarter.
The strong progress will certainly inspire the Reserve Bank of India, the central bank, to continue having its span of monetary tightening …