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India’s GDP Grew by 7.9 percent in Q3 Better than Expected

11.30.2009 · Posted in Economy

July-September quarter reflects better than expected economic growth for India. Finance Minister Pranab Mukherjee said Monday.

“It indicates response to initiatives taken by the government in various policy measures including injecting stimulus, which we did in three doses over the last 11 months”. “I hope this (economic growth) will be around 7% this year,” Mukherjee added.

Realty mkt also expecting boom

Correction in commercial realty rates in metros by 20% to 40%, top builders expect sales to improve by 50% in Q3 and Q4 of 2009-10.

Pawan Swamy says “Office space rentals in the metros have corrected by up to 40%, which would mean that they are now back to the 2005-06 levels, which is when the economic up-cycle began.”

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3 Responses to “India’s GDP Grew by 7.9 percent in Q3 Better than Expected”

  1. Hunter Reed says:

    i want to watch bollywood movies because they are very colorful and lively”,”

  2. Lacey Cook says:

    Bollywood Movies are very colorful and mostly they are musical stuffs like Broadway”,;

  3. Ben Griffiths says:

    bollywood movies are nice and cheeky, that is all i have to say -;.

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