India’s economy outperformed expectations in the third quarter of 2009, with 7.9 percent growth, its strongest in six quarters. The Bank of India has already begun to shift away from measures to boost the economy as its concern over inflation grows. The $1.2 trillion economy is expected to have year-end (31 March 2010) growth of 7 percent.  India is one of the leaders in the rebound of its region’s economies as the “Asia Pacific region leads the world out of the worst recession since the 1930s”, writes Bloomberg.

Links to other sites: Bloomberg, The Economic Times, India

You can leave a response, or trackback from your own site.