08-07-2006, 10:19 AM
<!--QuoteBegin-acharya+Aug 6 2006, 11:54 PM-->QUOTE(acharya @ Aug 6 2006, 11:54 PM)<!--QuoteEBegin-->It is the deficit to GDP ratio that is important.
It is small for India.
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India is a net importer. Which is not that good.
So, what is increasing india's forex reserves then? It is the FDI and the remittances by NRIs to family members.
It is small for India.
[right][snapback]55142[/snapback][/right]
<!--QuoteEnd--><!--QuoteEEnd-->
India is a net importer. Which is not that good.
So, what is increasing india's forex reserves then? It is the FDI and the remittances by NRIs to family members.