consumption growth

Brazil’s gasoline imports to rise


August 27th, 2012 - 12:27 pm ICT by IANS
Sao Paulo, Aug 27 (IANS/EFE) Brazil's gasoline imports will rise a minimum of 354 percent by 2020 due to falling sugar-cane ethanol production, the media reported, citing a government study.The ... Read more...

Posted in Uncategorized |

China’s power consumption slows down


August 14th, 2012 - 3:52 pm ICT by IANS
Beijing, Aug 14 (IANS) China's power consumption growth slowed further in July, as the country's factory activity and industrial output posted weaker growth amid the economic downturn, authorities said Tuesday.The ... Read more...

Posted in Business |

Crisil cuts India’s economic growth forecast to 6.5 percent


June 4th, 2012 - 8:23 pm ICT by IANS
Mumbai, June 4 (IANS) Ratings agency Crisil Monday cut its India's economic growth forecast for the current financial year to 6.5 percent from its previous 7 percent due to uncertainty ... Read more...

Posted in Business |

China’s economy to grow 8.2 percent this year: World Bank


April 12th, 2012 - 1:18 pm ICT by IANS
Beijing, April 12 (IANS) China's economy is expected to expand at 8.2 percent in 2012 and 8.6 percent in 2013 as domestic demand will continue to boost the world's second-largest ... Read more...

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Canada’s economy grows 2.5 percent in 2011


March 3rd, 2012 - 2:08 pm ICT by IANS
Ottawa, March 3 (IANS) Canada's economy grew 2.5 percent in 2011, down from 3.2 percent in the previous year, but it is much better than the economists' estimates a few ... Read more...

Posted in Business |

Green tea business grows in India amid health awareness


February 26th, 2012 - 4:52 pm ICT by IANS
Kolkata, Feb 26 (IANS) More and more tea makers are adding green tea in their portfolio as consumers in India are developing a taste for the beverage for its many ... Read more...

Posted in Health |

Global uncertainty affecting India: Pranab


February 21st, 2012 - 6:56 pm ICT by IANS
New Delhi, Feb 21 (IANS) Global financial problems, besides a tight monetary policy, are affecting the Indian economy and a slowdown in external demand has led to a decline ... Read more...

Posted in Business |

Indonesia’s central bank cuts growth forecast


December 1st, 2011 - 4:06 pm ICT by IANS
Jakarta, Dec 1 (IANS) Bank Indonesia (BI), the central bank, lowered its forecast for economic growth in 2012 for a second time Wednesday on fears that ongoing problems in Europe ... Read more...

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China’s power consumption growth slows in October


November 15th, 2011 - 1:37 pm ICT by IANS
Beijing, Nov 15 (IANS) China's power consumption rose 11.35 percent in October from a year earlier, but slowed from September's 12.2 percent growth, the National Energy Administration (NEA) said Tuesday.The ... Read more...

Posted in Business |

Tata steel to increase Chinese investments by five percent


May 3rd, 2011 - 1:25 pm ICT by ANI
Beijing, May 3 (ANI): Tata Steel Limited, the world's 10th-largest steel company in terms of production and a subsidiary of the Tata Steel Group, plans to increase its investment in China by ... Read more...

Posted in World |

India’s tea consumption growth drops to 0.70 percent


December 1st, 2010 - 11:20 pm ICT by IANS
Kolkata, Dec 1 (IANS) Due to the rising prices of commodities, India's tea consumption registered a marginal 0.70 percent growth in 2009-10, a sharp drop from the 3-3.5 percent rise in the ... Read more...

Posted in Business |

Centre assures to meet steel demand in the country


December 10th, 2009 - 4:33 pm ICT by ANI
New Delhi, Dec 10 (ANI): Union Minister of State for Steel A Sai Pratap on Thursday said that steel demand in the country is being met both through domestic production and imports."The ... Read more...

Posted in National |

Tea production to go down due to weather: Tea Board chief


November 29th, 2009 - 1:43 pm ICT by IANS
By Aparajita Gupta Kolkata, Nov 29 (IANS) Tea production in India will be marginally lower this year than in the year before due to erratic weather, says Tea Board of ... Read more...

Posted in Business |

Government to conduct survey to assess rural steel demand


October 23rd, 2009 - 5:30 pm ICT by IANS
New Delhi, Oct 23 (IANS) Steel Minister Virbhadra Singh Friday said his ministry would start a nationwide survey to asses rural steel consumption and demand. "The survey will cover all states and ... Read more...

Posted in Business |

Nation-wide survey to correctly assess rural demand for steel


October 23rd, 2009 - 3:09 pm ICT by ANI
New Delhi, Oct 23 (ANI): Union Minister for Steel Virbhadra Singh on Friday said that the Steel Ministry has decided to launch a nation-wide survey on rural steel consumption and demand to ... Read more...

Posted in National |

Decontrol fuel prices, limit subsidies: Economic Survey (Lead)


July 2nd, 2009 - 7:27 pm ICT by IANS
New Delhi, July 2 (IANS) India's Economic Survey tabled in parliament Thursday called for decontrolling petrol and diesel prices "at the earliest" and reforming subsidies to cooking gas and kerosene. The ... Read more...

Posted in Business |

India’s inflation rate marginally up at 0.57 percent (Lead)


April 30th, 2009 - 4:19 pm ICT by IANS
New Delhi, April 30 (IANS) India's annual rate of inflation inched up to 0.57 percent for the week ended April 18 from 0.26 percent the week before, official data showed Thursday. Among the ... Read more...

Posted in Business |

India’s inflation rate marginally up at 0.26 percent (Lead)


April 23rd, 2009 - 4:24 pm ICT by IANS
New Delhi, April 23 (IANS) India's annual rate of inflation rose marginally to 0.26 percent for the week ended April 11, from 0.18 percent the week before, official data showed Thursday. The inflation ... Read more...

Posted in Business |

Indian economy slowing down, admits RBI


January 26th, 2009 - 10:46 pm ICT by IANS
New Delhi, Jan 26 (IANS) The Reserve Bank of India Monday said the economy after exhibiting strong growth in the second quarter this fiscal is now slowing down in the wake of ... Read more...

Posted in Uncategorized |

McLeod Russel hopes to become debt-free in three years


July 29th, 2008 - 8:24 pm ICT by IANS
Kolkata, July 29 (IANS) Bulk tea producer McLeod Russel India hopes to become a debt-free company in two to three years, a top company official said here Tuesday. "We have a total ... Read more...

Posted in Business |

World Bank lowers China growth forecast to 9.4 percent


April 1st, 2008 - 3:56 pm ICT by admin
Xinhua Beijing, April 1 (Xinhua) The World Bank has scaled down China's growth rate for 2008 to 9.4 percent from its February forecast of 9.6 percent. Louis Kuijs, senior economist of the World ... Read more...

Posted in World |

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