News for 'blues-for-india'

Rate rise blues for India Inc

Rate rise blues for India Inc

Rediff.com4 May 2011

RBI moves will further add to corporate woes. Harsh Mariwala, the president of industry body Ficci, said, "I am afraid that with such a hawkish monetary stand, the investment environment would become even more difficult. Growth and employment targets will certainly not be achieved."