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PM reviews global financial situation

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    • Press Trust of India Tags : business, india, global financial situation, PM review Posted: Friday , Sep 19, 2008 at 1800 hrs New Delhi, September 19: :
    PM Manmohan Singh has asked cabinet ministers to stay alert on the global financial situation.
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    Prime Minister Manmohan Singh on Friday asked cabinet ministers to stay alert on the global financial situation even as he exuded confidence that there is no impact of the turmoil on the Indian economy.

    "The Prime Minister asked the ministers to stay alert on the global financial situation," Rural Development Minister Raghuvansh Prasad Singh told reporters after a meeting of the Cabinet Committee on Economic Affairs (CCEA).

    Finance Minister P Chidambaram briefed the meeting and said that there is no impact of the US financial turmoil on the Indian economy, Singh said.

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    india's economyBy: peter kelly | 07-Dec-2008 Reply | Forward I would be surprised if the Indean economy was not subject to the current global recession which started in the USA 'thanks so much.' Have an ICICI account so I am interested how things pan out. ICICI were 6% but have lowered the rate so there must be some concern. d
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