Submitted by TheIndiaStreet on March 15, 2008 - 4:58pm.
By Priya Nigam
East is East, and West is West, and never the twain shall meet. Well, that’s what Rudyard Kipling said. Unfortunately, the “slowdown” monster emanating from the West seems to be digging its fangs into the Indian economy. It wasn’t too long ago when all we seemed to be talking about was the Indian stock market boom and the bright prospects of Asia's third-largest economy. Now, the stock market and the economy are unable to keep pace with expectations. And there is talk of a sharp slowdown in the Indian economy in the coming year.
