3.287 million
Sq.km. - Seventh largest country in the World
Location
:
India is located
entirely in the northern hemisphere and the highest mountains
in the world (the Himalayas) to the north and the Arabian
Sea, the Bay of Bengal and the Indian Ocean on the west, east
and south respectively separate India from the rest of Asia.
India's neighbouring countries are Bhutan, Bangladesh, China,
Nepal, Pakistan and Myanmar.
Population
1.10 billion
Time Zone
GMT + 5½ Hrs
Climate
Generally tropical
climate with temperature ranging between 10 to 40 degree centigrade
in most parts of the country
Main languages
Numerous, including Hindi and
English
Main business language
English
Fiscal year
April 1st to 31st March
Currency
Indian rupee (INR).
INR has been appreciating against USD and was at 39.5 per USD as at the end of the year 2007. The exchange rate of INR against USD was between 43.25 to
39.00 per USD in the last few months
Sovereign rating
BBB-/A-3
(S&P) Baa3 (Moodys)
Foreign Exchange Reserves
US$ 305 billion.(As of 1st August 2008)
Inflation
11.89% (July 24,2008)
GDP growth
Estimated for 2006-07: 9.6% Estimated for 2005-06 : 9.0% April-March (2004-05):
6.9% & April-March(2003-04): 8.5%
