Saturday 9 June 2012

Economy : Reserve Bank of India (RBI) Deputy Governor K. C. Chakrabarty, on Friday, sought to stave off criticism that the nine-year low GDP (gross domestic product) growth was primarily due to high interest rate regime, saying it was driven by a host of other factors - Low growth not just due to high interest rate: RBI
Economy : India now has a bigger grain stockpile than any country other than China, yet one-fifth of its people are malnourished - In India, People Go Starving while Grain Stock Piles Up