How is India affected by financial crisis?
Tuesday, December 9th, 2008“Fundamentally strong” is the phrase most often used to describe the Indian economy in this period of global financial crisis. Why then have these fundamentals, been unable to prevent the Sensex from falling below 9000 mark, or the dollar from crossing the 50-rupee mark?
The free-fall of the Sensex can largely be attributed to the withdrawal [...]