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The year 2008 will be remembered as a landmark in world economy. What started as fears of ‘overheating’ towards the beginning of 2008 cascaded into a full-blown economic crisis by the month of September. A major global financial corporate simply got erased from existence, and some others had to be rescued by the State in a country where market could not have gone wrong. In India too the stock market took a nosedive only a few months after the jubilation at crossing 20,000 mark.
How does one make sense of this whirlwind of events? How sound is Indian institutional structure to withstand the storm? How are Indian companies performing in the various sectors? The yearbook brings to you a report card of the country in its various facets.
In Unit 1 the yearbook describes the Budget, the 11th five-year plan, as also developments in various sectors like banking, information technology-enabled services (ITeS) etc. Unit 2 traces the origins of various economic institutions in the country like monetary system, and then discusses its functioning in the modern era. Unit 3 deals with World economy, major groupings, major companies and stock markets. Unit 4 carries the Who’s who of economy and Unit 5 describes the year that was. This edition of India Business Yearbook, while serving as a reckoner for an understanding of the world economic order, also provides an insight into the present-day economic turmoil.
ISBN - 9788125930860
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