Monday, August 22, 2011

Economy snippets

±  The Centre for Monitoring Indian Economy (CMIE) has scaled down its forecast for the industrial production growth in FY 12 to 8.2% from 8.7% earlier. 

±  The net foreign direct investment (FDI) inflow in India is expected to improve sharply to US$19.5bn during FY 12 as compared to US$7.1bn in FY 11 on account of robust and sustainable economy, the Centre for Monitoring Indian Economy (CMIE) said in its monthly review here. (ET)

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