‘Caught between the tide and the iceberg’: ‘We are still reeling’
The collapse of the global financial system has been a defining moment for India and the global economy, but for the past two years, the country has been caught between the tides and the ice.
It is a stark contrast to how the country used to be, a time when it seemed as if there was a limitless reservoir of capital ready to be poured into the country.
But now, the tide is shifting and there are signs that the Indian economy is sliding into the abyss.
The economic slowdown has been felt in many parts of the country, especially in the north.
A lot of the manufacturing and services sectors are suffering.
But the government has not been able to stem the tide of layoffs and layoffs in the manufacturing sector.
The government’s policy of giving incentives to companies to hire foreign workers has helped boost the economy but it has also contributed to the decline in the value of the rupee, the Indian currency.
In contrast, the rest of the world is feeling the economic impact.
The world is now a net exporter of goods and services.
And the global economic slowdown is bringing the benefits of globalization to the world as well.
The US has seen a lot of damage from the global downturn, including a steep drop in the stock market, which has hurt the economy.
But this is the first time that the world has had a global economic crisis in the last two years.
The impact of the financial crisis on India was felt across the country with the country’s manufacturing sectors suffering a lot, especially the manufacturing of steel and aluminium, and the services sector.
A loss of more than 30,000 manufacturing jobs has been reported.
There are concerns that the loss of these jobs will make it difficult for the economy to recover.
The government has tried to put a positive spin on the economic situation, saying the global recession was only a temporary period.
The economy was recovering quickly and the economic recovery will be long-lasting, Finance Minister Arun Jaitley said.
The economy was not going to slow down.
But we need to make the right decisions in the short-term and we need the global market to step up and support our economy, Jaitleys statement said.
While there was no immediate comment from the government on the layoffs and layoffs in the service sector, a report on Monday showed that the manufacturing industry lost more than 12,000 jobs, or 10% of its total.
The manufacturing sector accounts for about 13% of India’s economy.
The labour force participation rate for the manufacturing workforce has dipped below 65% for the first and second time since the global crisis.
The latest data from the International Monetary Fund shows that India’s gross domestic product is expected to shrink by about 4% in the next six months.
The IMF’s latest estimate puts India’s growth at 4.5% for fiscal year 2019-20.
The rupee has weakened against the US dollar in the past few weeks, and many economists are worried about a potential collapse in the Indian dollar.
There has been speculation that a sharp drop in Indian interest rates will lead to a slowdown in the economy, and India is seen as a potential risk for a global financial crisis.
But, as of Tuesday, the rupees exchange rate has gained about 30 basis points to the dollar.