Can India Sustain another recession
India Declared its GDP yesterday and it was the slowest in past 18 months.Given the way Stock Markets are falling in August one got reminiscence of 2008 Crash and pain the investor went through.
Now Given the way things are panning out in Europe and USA we can have 3 Outcomes
1. Slow Growth
2. Borderline Recession -- Economic Growth slows down significantly
3. Double Dip Recession
As per Economist there are still 50% Chances of going through recession in wake of sovereign crisis occurring in Europe.S&P Came with GDP cut for European Countries yesterday..
Read the Full Story
Now Given the way things are panning out in Europe and USA we can have 3 Outcomes
1. Slow Growth
2. Borderline Recession -- Economic Growth slows down significantly
3. Double Dip Recession
As per Economist there are still 50% Chances of going through recession in wake of sovereign crisis occurring in Europe.S&P Came with GDP cut for European Countries yesterday..
Read the Full Story
posted by Bramesh at
11:32 AM
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