Finance Minister Pranab Mukherjee on Tuesday said the economy was showing early signs of recovery and explained that the government had to increase borrowings to invest more in the absence of private investments.
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Economy showing early signs of recovery:
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Interest rates rise to 3.75 percent
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Recent reform measures will help boost growth:
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Government will borrow Rs.460 billion by late March
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Geithner says financial system 'starting to heal'
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'Indian economy returning to growth path'
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RBI hikes rates:
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Government to get on with investment
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Economy has weathered challenges
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BlackRock says China starting to recover
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Bank of Japan raises outlook for economy for the first time in almost three years
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Fed says the economic recovery is on firmer footing
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Economy to revive in big way in 6-7 months'
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Bank lending rises above pre-recession record
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IndusInd Bank hikes lending rate
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Economy shows signs of steady growth
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British economy 'moving from rescue to recovery'