India will emerge as the fourth strongest economy among the G-20 countries after
In the present market meltdown, some stocks have slumped more than 80 per cent.
India's economy grew a better than expected 7.6 per cent in the Sept quarter.
India's economy probably grew an annual 7.3% in the July-September quarter.
He hopes inflation, which came down to 8.9 per cent, would decline further.
Experts project economic growth to be ranging between 7 - 8.7 % for 2008-09.
CMIE'S projections are higher than other estimates, including that of RBI.
The global financial meltdown can wipe out India's economic growth by 1.5-2.5 pe
The PMEAC in August had forecast a GDP growth of 7.7%.
8% growth rate was also achieved in the previous years.
