Mon, Oct 19, 2009 - Page 11 News List

‘India story’ back, stock market soars

THINGS LOOKING UPLast week, figures showed India’s industrial output increased by 10.4 percent in August, its biggest leap in nearly two years

AFP , NEW DELHI

They also worry about when the central bank will have to start hiking interest rates to tame mounting inflationary pressures which could slow growth.

While inflation is still muted at under one percent, some economists expect it to reach 8 percent by next March.

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