Show: Business
Category: Business
Tags:
CII,GDP,US dollar,Rupee,English,Economy,New Delhi
Published Date: December 15, 2011
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New Delhi, December 15 (ANI): With the deepening gloom in the Indian economy, The Confederation of Indian Industries (CII) has opined that investment from foreign countries is important to achieve the targeted GDP. Godrej added that the central bank should ease out the monetary policy. Godrej also highlighted fears of India's dark chances of becoming the global economic superpower as rupee hits an all time low against US dollar. Rupee dropped to another record low versus the dollar on Thursday.