Thursday, September 20, 2012

Strike estimated to cause economic loss of over $2 billion | ummid.com

Strike estimated to cause economic loss of over $2 billion | ummid.com
The nation-wide strike against the government decision to allow foreign direct investment (FDI) in multi-brand retail and hike diesel prices is estimated to cause losses of Rs.12,500 crore (2.25 billion USD) to the Indian economy, the Confederation of Indian Industry (CII) said Thursday.