The Central Statistical Organization (CSO) estimates the Indian economy to grow by 6.9% in FY12.
Climate change effects will be more pronounced in Indian conditions as there are various agro-climatic zones. The most affected will be marginal and small farmers who constitute 80% of Indian farming community. He added.
The Chinese manufacturing sector is currently undergoing massive stress
After Fitch ratings predicted that Greek will default on their March 20 payment, the National Confederation of Greek Commerce (ESEE) has admitted that the situation is so dire that the economy is facing serious threats.