| Rising Re makes India a trillion-$ economy |
| BS Reporter / Mumbai April 26, 2007 |
| The unexpectedly sharp rise in the rupee has helped India become the 12th trillion-dollar economy. The rapid appreciation in the currency has aided the inevitable outcome come to pass six months earlier, Credit Suisse said in a report today. Indian GDP at current market prices, according to advance estimates, is Rs 41,00,636 crore in 2006-07. With the rupee below 41 a dollar (today |
