Excerpted from the India Career Guide

Business optimism in India has fallen to a three-year low as rising inflation and a global credit crunch impact corporate sentiment. Five business indices, including volume of sales, net profits, new orders, inventory levels and selling prices, have declined quarter over quarter.

This downturn, however, must be placed within a broader global context. India has one of the fastest growing economies in the world. In the last twelve months economists estimate it grew by nearly nine percent, considerably beyond numbers achieved in the US or Europe. In a HSBC confidence survey of small and medium enterprises, Indian SMEs expressed the highest optimism in Asia (58 percent expecting economic growth to accelerate over the next six months.)

India is also one of the fastest growing job markets in the world, with salaries rapidly rising towards parity with global benchmarks. Salaries in India are catching up to developed countries at a faster rate than in many other Asian countries.

This is just a sample of what you will find in the complete India guide.