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Book Launch:BS India 2009

  • Book Launch:BS India 2009

    Book Launch:BS India 2009

  • Speaking at the function, Saumitra Chaudhuri, a member of the prime minister&#39;s economic advisory council, said things would be back to normal by 2009-10.<br><br>

Rajya Sabha Member and former RBI Governor Bimal Jalan said there was a complete disconnect between the growth in the real economy and the way the stock market was behaving, which needed a correction. The real economy was growing at 13-14 per cent including inflation, and the markets were growing at 80 per cent! We need a market that works, not one that dreams.

    Speaking at the function, Saumitra Chaudhuri, a member of the prime minister's economic advisory council, said things would be back to normal by 2009-10.

    Rajya Sabha Member and former RBI Governor Bimal Jalan said there was a complete disconnect between the growth in the real economy and the way the stock market was behaving, which needed a correction. The real economy was growing at 13-14 per cent including inflation, and the markets were growing at 80 per cent! We need a market that works, not one that dreams.

  • In Business Standard India 2009, 16 eminent writers - economists, administrators, analysts, businessmen and policy wonks - give their perspective on the road ahead for India.
<P>
The book is organised in three sections: The economy, companies & markets and society. It is the second in a series by BS Books, an imprint of Business Standard Ltd.

    In Business Standard India 2009, 16 eminent writers - economists, administrators, analysts, businessmen and policy wonks - give their perspective on the road ahead for India.

    The book is organised in three sections: The economy, companies & markets and society. It is the second in a series by BS Books, an imprint of Business Standard Ltd.

  • <P>The banks, Ahluwalia added, had absorbed the additional liquidity pumped in by RBI but are not lending further because of the elevated risk perception.
<p>
But the global financial situation has begun to stabilise. Things will return to normal by the middle of 2009, he said.</P>

    The banks, Ahluwalia added, had absorbed the additional liquidity pumped in by RBI but are not lending further because of the elevated risk perception.

    But the global financial situation has begun to stabilise. Things will return to normal by the middle of 2009, he said.

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