High inflation, falling rupee and a slowing industry is proving to be a triple whammy for the Indian economy. And under this three pronged attack, where does growth head? CNBC-TV18's Archana Shukla gets you Indian Inc's rather grim verdict.
From the days of target ten, growth has now slipped to 7% levels as macro-economic pressures begin to weigh in on the Indian economy. And despite the government's optimism on maintaining growth, industry says the investment picture is so bleak that even maintaining 7% might be a challenge. Ajay Piramal, chairman of Piramal Healthcare says,Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
