India has undergone a paradigm shift owing to its competitive stand in the world. The Indian economy is on a robust growth trajectory and boasts of a stable annual growth rate, rising foreign exchange reserves and booming capital markets among others. Quarterly GDP at factor cost at constant (1999-2000) prices for Q2 of 2008-09 is estimated at Rs. 7,71,451 crore, as against Rs. 7,16,982 crore in Q2 of 2007-08, showing a growth rate of 7.6 per cent over the corresponding quarter of previous year.