Debilitate the economy

Treasure tight condition - still struggling to fit the hands of government management of the economy is running out . Three months later crashed again is producing factories . In contrast, retail prices of onion and tomato prices have risen , has taken a nine -month high . Economic situation has raised the hackles of the Reserve Bank .
The poor performance of basic industries and factories sharp decline in production in October index of industrial production ( IIP) has decreased by 1.8 per cent . Factories in the same month last year, an increase of 8.4 per cent .

Mining and manufacturing performance is affected by the performance of factories . 75 per cent of the industrial production index in the manufacturing sector . The seven- month period from April to October , industrial production grew by 0.3 per cent decline . Among consumer durable industry production declined by 12 per cent .
Retail prices of products is proving a headache for the government . In November, onions , tomatoes skyrocketing prices of fruits and vegetables including retail inflation rate has reached nine -month highs of 11.24 per cent . This month, 61 per cent increase recorded in the prices of vegetables , while fruit prices have jumped 15 per cent .
The latest statistics on industrial production and retail inflation, the central bank has created confusion . Industrial production slows down the pace of reduction in interest rates, demand from industry shake. In contrast, higher retail inflation rate rises by the Reserve Bank to prevent it . Although there are signs that values ​​are knowledgeable , they have great concern for inflation, RBI . RBI 's mid-quarter monetary policy review on December 18 . The last two reviews to tame inflation , the central bank has hiked the repo rate . Raghuram Rajan said on Wednesday the central bank RBI Governor of the economy in light of the latest figures take a decision on interest rates .

Thried No. Economy Is India In The World

15 years later, the two largest economies of the developing world's financial landscape trumpets . Year until 2028 , where Japan beat India will become the world's third-largest economy , while China will take over the top spot in the U.S. . London-based economic think-tank Center

for Economic and Business Research said it is projected . The Indian economy and China is second at No. 10 .
CEBR 's annual report states that in the World Economic League Table -2013 will change next year . The year of India in Canada reached No. 10 is shifted down a notch . India suffered the loss due to fall in rupee . The report states that the basis of population and economic growth in India will grow further in the list . He placed ninth to 2018 . The fourth and five years later he would become the third largest economy in the world in 2028 . The report said that since Japan's currency yen is weak . India's economic strength compared to the dollar will be more .

CEBR until 2028 that the league tables change - change can be seen . Mexico will be in the top 10 . However , South Korea and Turkey are ranked 11 th and 12 th . Nigeria , Egypt , Iraq and the Philippines as the country will make their way into the top -30 . Siibiar report predicts GDP in the 30 largest economies . It is noted that countries with five , 10 and 15 -30 years after the world's top economic powers are likely to join .

UK economic powerhouse of Europe
Siibiar report states that by 2030 , beating Germany in the UK could become the greatest economic power . It is Europe's second fastest growing economy . According to the report , the UK, France , beating until 2018, will become the world's fifth largest economy .