NewsX@9: India's growth story; Inflation up, Sensex down - NewsX

NewsX@9 is a NewsX special show which debates the main news event of the day. In this edition we debate the issue of the growth of Indian economy. We see stock market is down, the rupee is down, and industrial production is down. The only thing up is inflation. At the stock market, the Sensex closed at 16,152 today. The rupee stands at 54.35 to the US dollar. Inflation figures are worse. It was 9.3% in March, 10.3% in April. Meanwhile, the prices of vegetables have risen by 24%. Look at industrial production. It stood at MINUS 3.5% in March. Are these sign of another recession in India? We debate the issue and try finding a consensus among our panelists over the issue.
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