India's economy expanded by 7.9% in third-quarter 2009, up from 6.1% recorded in second-quarter 2009. With the relatively robust growth, there is indication that the central bank could wind down its stimulus package worth $1.3 trillion to curb inflationary tendencies.
Meanwhile, the central bank has projected inflation rate of 6.5% by fiscal year-end March 31, 2010 after the weakest monsoon rains since 1972 which resulted in low farm output and pushed up food costs.
congratulations to India but i'm not surprised in any way.they hav lots of ways 2 make money there & dey use them well