TraderWise

India's still heavily dependent on agriculture economy suffered through a weak monsoon season and GDP came in at only 6% versus 7.9% the previous quarter.  [Nov 20, 2009: India's Q3 2009 GDP Jumps to 7.9%, Highest in 6 Months. Stimulus Could be Exiting Stage Right] However, a forecast for higher growth in the current quarter & a government pledge to address the deficit seemed to placate investors - we'll see how those promises work out in due time.  For now, words are enough.