News Across Asia

China Launches World’s Fastest Train Route

Former U.S. President Carter and Henry Kissinger Cement Nixon’s Operatic China Ties

China Promulgates Transfer Pricing Measures

Bartók's Message to the New China Expats

India's Economy Expected to Emerge Strong from Current Crisis

Jan. 6 - They say whatever doesn’t break you makes you. Going by the thought, India’s economy is expected to emerge from the financial crisis as the fourth strongest economy among G-20 countries. Given its robust forex reserves, high GDP growth rate and various fiscal and monetary measures taken to tackle the downturn, India’s economic growth is expected to follow China, Russia and South Korea according to an Assocham study.

The study which takes into account seven economic indicators relating to size of the economy, spending power, tax structure, interest rate policy, budget balances, debt burden and foreign exchange reserves, expects more developed economies to grow at a much slower pace compared to India and her Asian counterparts.

India's Economy Expected to Emerge Strong from Current Crisis

Jan. 6 - They say whatever doesn’t break you makes you. Going by the thought, India’s economy is expected to emerge from the financial crisis as the fourth strongest economy among G-20 countries. Given its robust forex reserves, high GDP growth rate and various fiscal and monetary measures taken to tackle the downturn, India’s economic growth is expected to follow China, Russia and South Korea according to an Assocham study.

The study which takes into account seven economic indicators relating to size of the economy, spending power, tax structure, interest rate policy, budget balances, debt burden and foreign exchange reserves, expects more developed economies to grow at a much slower pace compared to India and her Asian counterparts.

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