GDP Up, Oil Boils, Rupee Bleeds: Is The Economy Really On Track?
On the show, we discuss a resounding comeback for the Indian economy. GDP growth this quarter has been 8.2 per cent, up from 5.6 per cent in the first quarter last time. Manufacturing is up sharply - 13.5 per cent. Agricultural growth is up as well, but there is also bad news. The rupee has hit 71 to the dollar today and petrol prices are at an all-time high.
