gdp growth

GDP growth will return to 9 percent: Moily


September 18th, 2012 - 9:28 pm ICT by IANS
Mumbai, Sep 18 (IANS) Power Minister Veerappa Moily Tuesday said that the country's GDP growth would soon return to 9 percent as the power sector is set to deliver a ... Read more...

Posted in Politics |

S&P; upgrades South Korea’s sovereign rating


September 14th, 2012 - 3:46 pm ICT by IANS
Seoul, Sep 14 (IANS) Global credit rating appraiser Standard & Poor Friday upgraded the sovereign rating on South Korea by one notch to "A-plus", just one notch lower than those ... Read more...

Posted in Business |

Coalgate: Rajnath demands probe by SC judge


September 8th, 2012 - 10:12 pm ICT by IANS
Ghaziabad, Sep 8 (IANS) Rajnath Singh, Ghaziabad Member of Parliament (MP) and former president of the Bhartiya Janata Party (BJP) Saturday demanded a judicial probe by a sitting judge of ... Read more...

Posted in Politics |

Government trying to protect Indian economy from global mess: PM


September 7th, 2012 - 6:33 pm ICT by IANS
New Delhi, Sep 7 (IANS) The Indian economy is passing through a difficult time but the government is trying to protect it from the global economic mess, Prime Minister ... Read more...

Posted in Business |

South Korea’s Q2 GDP growth revised down


September 6th, 2012 - 1:29 pm ICT by IANS
Seoul, Sep 6 (IANS) South Korea's gross domestic product (GDP) growth for the second quarter was revised down to 0.3 percent, the central bank said Thursday.Real GDP, the broadest measure ... Read more...

Posted in Business |

China’s 2011 GDP growth revised upward


September 5th, 2012 - 5:15 pm ICT by IANS
Beijing, Sep 5 (IANS) China's gross domestic product (GDP) growth for 2011 has been revised upward by 0.1 percentage point to 9.3 percent from the previous year, the National Bureau ... Read more...

Posted in Business |

India will ensure clarity in tax regulations: Chidambaram


September 3rd, 2012 - 7:00 pm ICT by IANS
New Delhi, Sep 3 (IANS) Finance Minister P. Chidambaram Monday assured investors that the government would bring clarity in tax regulations and take necessary measures to ensure a stable ... Read more...

Posted in Uncategorized |

India’s economic growth may fall below 6 percent: CII


September 2nd, 2012 - 6:51 pm ICT by IANS
New Delhi, Sep 2 (IANS) A majority of CEOs are pessimistic about the Indian economy and feel that the gross domestic product (GDP) growth would fall below six percent in ... Read more...

Posted in Uncategorized |

Weak demand dampens business confidence: FICCI


September 2nd, 2012 - 5:35 pm ICT by IANS
New Delhi, Sep 2 (IANS) Weak demand and slow economic growth has dampened business confidence in India, according to a survey conducted by the Federation of Indian Chambers of Commerce ... Read more...

Posted in Uncategorized |

Canada’s deficit down amid sluggish economy


September 1st, 2012 - 1:46 pm ICT by IANS
Ottawa, Sep 1 (IANS) While Canada appears to be on track in reducing its budgetary deficit, global economic uncertainty could stall the government's plan, the federal Finance Department warned.For the ... Read more...

Posted in Business |

Indian economy grows at a sluggish 5.5 percent in Q1 (Lead)


August 31st, 2012 - 3:36 pm ICT by IANS
New Delhi, Aug 31 (IANS) The Indian economy grew at a sluggish 5.5 percent in the first quarter of this fiscal in comparison to 8 percent in the corresponding quarter ... Read more...

Posted in Business |

Singapore’s economy to grow in 2013: IMF


August 28th, 2012 - 12:48 pm ICT by IANS
Washington, Aug 28 (IANS) Singapore's economy would expand by 2.9 percent this year before firming up to 3.4 percent in 2013, and Singapore has ample policy space to mitigate the ... Read more...

Posted in Business |

India’s forex reserves decline by $250 million


August 25th, 2012 - 5:21 pm ICT by IANS
Mumbai, Aug 25 (IANS) India's foreign exchange (forex) reserves declined by $250 million to $288.91 billion for the week ended Aug 17, 2012, the Reserve Bank of India's (RBI) data ... Read more...

Posted in Business |

BJP leaders meet on economic downturn (Lead)


August 18th, 2012 - 4:03 pm ICT by IANS
New Delhi, Aug 18 (IANS) Organising its act against Congress-led central government, the Bharatiya Janata Party Saturday organised a meeting of its chief ministers and state leaders to asses ... Read more...

Posted in Politics |

US firm confident of China’s economic rebound


August 13th, 2012 - 5:46 pm ICT by IANS
Beijing, Aug 13 (IANS) Caterpillar, a US-based construction equipment maker, is confident that China's economy will experience a soft landing, as the government has taken appropriate measures for an economic ... Read more...

Posted in Business |

Don’t draw unwarranted conclusions, PM tells rating agencies


August 11th, 2012 - 3:38 pm ICT by IANS
New Delhi, Aug 11 (IANS) Prime Minister Manmohan Singh Saturday took international rating agencies to task for cutting India's growth forecast and asserted that the fundamentals of the economy ... Read more...

Posted in Business |

Crisil cuts India’s growth forecast to 5.5 percent


August 7th, 2012 - 4:54 pm ICT by IANS
Mumbai, Aug 7 (IANS) Research and ratings agency Crisil Tuesday cut India's economic growth forecast to 5.5 percent for the 2012-13 financial year from its earlier estimate of 6.5 percent, ... Read more...

Posted in Business |

British economy prospects grim, says think-tank


August 4th, 2012 - 1:44 pm ICT by IANS
London, Aug 4 (IANS) The prospects for the British economy over the next six months are grim, and have worsened quickly this year, according to a report by a London ... Read more...

Posted in Business |

Chidambaram gets finance again, Shinde becomes home minister (Second Lead)


August 1st, 2012 - 1:14 am ICT by IANS
New Delhi, July 31 (IANS) In a significant change ahead of parliament's monsoon session, Prime Minister Manmohan Singh Tuesday appointed P. Chidambaram as finance minister, gave the crucial home ... Read more...

Posted in Politics |

Chidambaram gets finance again, Shinde becomes home minister (Lead)


July 31st, 2012 - 10:21 pm ICT by IANS
New Delhi, July 31 (IANS) In a significant change ahead of parliament's monsoon session, Prime Minister Manmohan Singh appointed P. Chidambaram as finance minister, gave the crucial home portfolio ... Read more...

Posted in Politics |

Economic growth will fall below 6 percent: Kaushik Basu


July 31st, 2012 - 6:35 pm ICT by IANS
New Delhi, July 31 (IANS) India's economic growth will fall below 6 percent in the first half of the current fiscal but would pick up thereafter and inflation would moderate ... Read more...

Posted in Business |

India’s forex reserves plunges by $336 million


July 14th, 2012 - 5:31 pm ICT by IANS
Mumbai, July 14 (IANS) India's foreign exchange reserves (forex) plunged by $336.5 million to $287.62 billion in the week ended July 6, data from India's central bank showed.The Reserve Bank ... Read more...

Posted in Business |

China’s Q2 GDP growth slows (Lead)


July 13th, 2012 - 2:49 pm ICT by IANS
Beijing, July 13 (IANS) China's economy expanded 7.6 percent year-on-year in the second quarter of 2012, slowing from 8.1 percent in the first quarter, the National Bureau of Statistics (NBS) ... Read more...

Posted in Business |

China’s Q2 GDP growth slows


July 13th, 2012 - 1:12 pm ICT by IANS
Beijing, July 13 (IANS) China's economy expanded 7.6 percent year-on-year in the second quarter of 2012, slowing from 8.1 percent in the first quarter, the National Bureau of Statistics (NBS) ... Read more...

Posted in Business |

India will soon be back on high growth path: Chidambaram


July 10th, 2012 - 10:24 pm ICT by IANS
Bangalore, July 10 (IANS) India would soon return to high growth path soon in light of several measures being taken by the United Progressive Alliance (UPA) government to reboot the ... Read more...

Posted in Politics |

Time wonders if ‘underachiever’ Manmohan can overcome (Third Lead, Changing dateline)


July 8th, 2012 - 10:51 pm ICT by IANS
Washington, July 8 (IANS) Dubbing Indian Prime Minister Manmohan Singh as an "underachiever" the prestigious Time magazine asks whether the architect of 1991 economic reforms can rouse himself and ... Read more...

Posted in Politics |

Time calls Manmohan an underachiever (Lead)


July 8th, 2012 - 5:35 pm ICT by IANS
New Delhi, July 8 (IANS) Prime Minister Manmohan Singh, who as India's finance minister in 1991 ushered in reforms that liberalized the economy, has been termed by Time magazine ... Read more...

Posted in Entertainment |

Time magazine terms Manmohan Singh underachiever


July 8th, 2012 - 4:46 pm ICT by IANS
New Delhi, July 8 (IANS) Time magazine has termed Prime Minister Manmohan Singh an "underachiever", flaying him for not acting decisively when the country's economy was slowing.The magazine features ... Read more...

Posted in Business |

India’s forex reserves grow by $1.36 bn


July 7th, 2012 - 4:03 pm ICT by IANS
Mumbai, July 7 (IANS) India's foreign exchange reserves (forex) grew by $1.36 billion to $289.992 billion for the week ended June 29, data from India's central bank showed.Foreign currency assets, ... Read more...

Posted in Business |

No short-term solution to economic crisis: Brazil


July 5th, 2012 - 3:29 pm ICT by IANS
Rio De Janeiro, July 5 (IANS) There is no short-term solution to the current global economic woe, which is no less serious than the 2008 global financial crisis, said Brazilian ... Read more...

Posted in Business |

China’s economy to pick up speed: experts


July 2nd, 2012 - 5:17 am ICT by IANS
Beijing, July 2 (IANS) China's economy will grow at a faster pace in the second half of 2012 on rising investment, exports and expanding housing market, experts said."We are confident ... Read more...

Posted in Business |

India’s forex reserves down $0.76 billion


June 30th, 2012 - 3:15 pm ICT by IANS
Mumbai, June 30 (IANS) India's foreign exchange reserves (forex) fell by $0.76 billion to $288.62 billion for the week ended June 22, official data showed.The RBI is believed to have ... Read more...

Posted in Business |

PM directs steps to revive growth and reverse pessimism (Roundup)


June 27th, 2012 - 11:33 pm ICT by IANS
New Delhi, June 27 (IANS) Prime Minister Manmohan Singh Wednesday asked the policy planning and finance ministry officials to take immediate steps to improve the economy and reverse ... Read more...

Posted in Business |

Pakistan’s 3.7 percent GDP growth encouraging: Bank


June 23rd, 2012 - 4:05 pm ICT by IANS
Islamabad, June 23 (IANS) Pakistan's economic growth of 3.7 percent in the 2011-12 fiscal year was encouraging given the adverse effects of energy shortage, oil price rise and damage to ... Read more...

Posted in South Asia |

India’s forex reserves grow to $289 bn


June 23rd, 2012 - 3:37 pm ICT by IANS
Mumbai, June 23 (IANS) India's foreign exchange reserves (forex) grew by $2 billion to $289.39 billion for the week ended June 15, official data showed.The forex recovered in the week ... Read more...

Posted in Business |

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