May 31, 2006

Yippee! Its 9.3%!

Yes, the GDP grew in Q4 by 9.3%! Now if the gods are going to bless us with abundant rains this year, then this rate is only going to improve. So buckle up for the exciting ride ahead for the economy. Interest rates could further rise .
BTW, the full-year GDP growth for 2005/06 was 8.4 per cent as compared to 7.5 per cent in the previous fiscal.

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