America & India – Economy & Finance – Look Back at 2011 & Ahead to 2012
2011 began well for both America and India. The American stock market had closed 2010 with a 20% rally from the lows of August 2010. The American economy was expected to deliver reasonably good growth of about 3% in 2011. India was, of course, was riding the wave. The Indian Government forecast a growth of…