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Long-term growth to continue at 8%: FM

Published on Sat, Apr 12, 2008 at 12:39 , Updated at Tue, Apr 15, 2008 at 14:16
Source : CNBC-TV18

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The Finance Minister said that despite rising inflation figures, India will continue to grow at a rate of 8% in the long-term, reports CNBC-TV18.

 

“As I look at the future, I look to a country India that will continue to grow at an average of 8%. There will be some turbulence from time to time but the long-term trend is extremely positive. We will grow at 8% or more over the next 18-25 years. That means the greatest opportunities for investment lie in India,” said P Chidambaram, Finance Minister.

 

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Is indian economy collapsing????!!!!

-Q- If one is having an investment horizon of say one year or so, it is better and safer to keep the money in FDs....

in Economy - Sriman35 at 10-Oct-08 10:08

Is indian economy collapsing????!!!!

Dear marketman It seems to me that Indian economy is not collapsing. Now it is the big guys in Indian corporate ...

in Economy - aahoo at 10-Oct-08 10:05

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