Indian Economy

Deccan today reported about a possible stinted growth of It sector in India. .. The IT applecart will continue to roll for Indian service providers in the coming years, but ‘Growth 2.0’ may be harder to achieve than ‘Growth 1.0’. While the IT/ITeS industry jumped at a compound annual growth rate (CAGR) of 27 per cent between 2002 and 2007, that rate may dip to 18 per cent between 2007 and 2012, country manager with market research firm IDC India, Mr Kapil Dev Singh, projected.

An increase in the Wholesale Price Index due to rise in primary articles and manufactured goods drove India's inflation for April was reported at a 42 month high of 7.57%.

To invest in a decent sized real estate venture in India today, you either have to be ultra rich and even if you are, you have to plunk down a ton of money and wait for a long term to see the returns trickle in. Things are about to change in the Indian Real Estate Investment Trusts / Funds space with a number of funds dropping the minimum investment required to take advantage of these options.