Economic Times answering this question What’s a Recession? has made a fair analysis with some writing about India

“Is India going through a recession?”

There is no doubt that India has been affected by the recession that has beset the US economy, especially in sectors which are export-oriented or are dependent on outsourcing. However, the RBI governor last week assured that India would not see recession even if uncertainty continued globally. He stated that growth would be moderate and pegged GDP growth for 2008-2009 at 7.5-8%(ET 2Nov) Read the rest of this entry »

Indian Retail that had been rocking a year back is facing rocks today; some of it due to circumstances beyond control, but some definitely within control. Based on experience, discussions, talks over the past year……thought that some of these can be listed down…. Read the rest of this entry »