The Indian rupee is likely to fall further, but its depreciation will not be of the kind witnessed by Asian currencies during the 1997-98 crisis. The colossal fiscal deficit is the biggest downside......
India's economic growth rate is expected to moderate to 7.8 per cent in 2008-09, mainly on account of a global slowdown, says the Economist Intelligence Unit (EIU), an arm of London-based magazine......