According to the Global Information Technology Report 2008-09, India climbed down to the 54th rank from the 50th spot in 2007-2008 and China overtaken India. China ranked 46 in the Network Readiness Index.
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China beats India on IT index
http://www.indiabiznews.net
Inflation at 11.63%
http://indian-stock-market-news.blogspot.com
Inflation for the week ended June 21 is at 11.63% versus 11.42%. A CNBC-TV18 poll had seen inflation for the week ended June 21 at 11.44%.
Finance Minister P Chidambaram said the main drivers will continue to be petroleum, iron and steel products, reports CNBC-TV18. He also said that fuel and power prices have stabilised after a sharp rise.
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