Business/Industry

India has been one of the fastest growing free-market democracies in the world even in the wake of one of the worst economic crises in six decades. Its $1.2 trillion economy is expected to have grown 6-7 percent during the fiscal year ended March 31, 2009. This growth has come on the back of nearly 9 percent expansion over the past four years. 


 

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India - a new marketplace for luxury

Shopping malls may be waiting for customers as the world economy faces a major downturn, but luxury and branded goods have found a new home in India, a country that has for decades been stereotyped for its poverty.

India warns against 'green label' protectionism
By Arun Kumar

India has cautioned the developed world against attempts to introduce "protectionism under green label" as it would only complicate efforts to evolve a "fair and equitable" global regime on climate change.