Home Economy Highlights of developments in Indian economy

Highlights of developments in Indian economy

By IANS,

New Delhi : Some key developments in the Indian economy in 2010:

-GDP up 8.6 percent, 8.8 percent and 8.9 percent in first three quarters

-Industrial growth of around 11 percent between January and October

-Average export growth of over 25 percent during first 10 months

-Foreign exchange reserves up $11 billion and stand at $294.602 billion

-Food inflation at 12.13 percent now, against 17.28 percent in January

-Annual rise in wholesale price index at 7.5 percent in November against 7.31 percent in December last year

-Investments by foreign funds in equities top $28.6 billion this year

-As many as 71 public issues hit markets, raising Rs.71,000 crore ($15.7 billion)