gdp growth rate

Sensex closes 160 points down (Second lead)


August 31st, 2012 - 5:46 pm ICT by IANS
Mumbai, Aug 31 (IANS) A benchmark index of Indian equities markets Friday closed 160.89 points lower provisionally as fresh data showed India's gross domestic product (GDP) grew at a ... Read more...

Posted in Business |

Sensex tanks 132 points, metal, realty stocks down (Lead)


August 31st, 2012 - 4:33 pm ICT by IANS
Mumbai, Aug 31 (IANS) A benchmark index of Indian equities markets was trading 132 points lower in late afternoon trade Friday as fresh data showed India's gross domestic product ... Read more...

Posted in Business |

Sensex falls 86 points as lower GDP makes sentiments bearish


August 31st, 2012 - 3:15 pm ICT by IANS
Mumbai, Aug 31 (IANS) A benchmark index of Indian equities markets was trading 86.93 points lower in afternoon trade Friday as fresh data showed India's gross domestic product (GDP) ... Read more...

Posted in Business |

Bring in GST, DTC to spur growth, India Inc tells government


August 27th, 2012 - 6:13 pm ICT by IANS
Bangalore, Aug 27 (IANS) India Inc Monday urged the government to introduce the Goods and Services Tax (GST) and Direct Tax Code (DTC) to spur economic growth, which has been ... Read more...

Posted in Business |

Brazil’s GDP growth forecast lowered


July 3rd, 2012 - 2:18 pm ICT by IANS
Brasilia, July 3 (IANS) For the eighth consecutive week, Brazil's financial market decreased its projected growth figure for this year's gross domestic product (GDP) from 2.18 to 2.05 percent, according ... Read more...

Posted in Business |

CPI-M opposes FDI in multi-brand retail


June 11th, 2012 - 7:16 pm ICT by IANS
New Delhi, June 11 (IANS) The CPI-M Monday came out strongly against opening up the FDI in multi-brand retail as well as upping foreign direct investment (FDI) limits in banking ... Read more...

Posted in Politics |

CII moots 10-point agenda for reviving Indian economy


June 5th, 2012 - 7:26 pm ICT by IANS
Hyderabad, June 5 (IANS) Industry lobby, the Confederation of Indian Industry (CII) Tuesday mooted a 10-point agenda to revive India's economic growth through reforms and governance.The CII national council, which ... Read more...

Posted in Business |

India’s economic growth dips to 9-year low of 5.3 percent (Roundup)


May 31st, 2012 - 8:41 pm ICT by IANS
New Delhi, May 31 (IANS) India's economic growth slumped to 5.3 percent in the January-March quarter, the slowest in nine years, dragged by contraction in the manufacturing sector due ... Read more...

Posted in Business |

India’s GDP growth dips to 9-year low of 5.3 percent (Lead)


May 31st, 2012 - 3:39 pm ICT by IANS
New Delhi, May 31 (IANS) India's economic growth slumped to 5.3 percent in January-March quarter, the slowest in nine years, due to poor performance of manufacturing and farm sectors, ... Read more...

Posted in Business |

India’s economic growth slumps to 6.5 percent in 2011-12


May 31st, 2012 - 1:42 pm ICT by IANS
New Delhi, May 31 (IANS) India's economic growth slumped to three-year low of 6.5 percent in 2011-12, as compared to 8.4 percent in the previous year, due to poor performance ... Read more...

Posted in Business |

‘UPA-II report card to rebuff policy paralysis criticism’


May 19th, 2012 - 6:45 pm ICT by IANS
New Delhi, May 19 (IANS) The United Progressive Alliance-II (UPA-II) government is set to release its third anniversary report card Tuesday, rebuffing the opposition's oft-repeated criticism about policy ... Read more...

Posted in Politics |

Business confidence recovering but concerns remain: CII


April 29th, 2012 - 1:49 pm ICT by IANS
New Delhi, April 29 (IANS) Most Indian firms have recovered business confidence, but stagnancy in reforms, high interest rates and increased raw material costs still remain top concerns, according to ... Read more...

Posted in Business |

ICRA cautious about rating updates on India


April 26th, 2012 - 7:20 pm ICT by IANS
Kolkata, April 26 (IANS) Credit rating company ICRA Thursday said it is cautious on rating updates on Indian economy and companies but would not give a "panic reaction"."We are certainly ... Read more...

Posted in Uncategorized |

China to boost economic reform in key industries


March 24th, 2012 - 1:13 am ICT by IANS
Beijing, March 23 (IANS) China will push forward economic reform in key sectors, including energy and railways, the government said.The State Council said that it has approved a reform plan ... Read more...

Posted in Business |

Economic restructuring most pressing task: Wen (Lead)


March 5th, 2012 - 2:31 pm ICT by IANS
Beijing, March 5 (IANS) Transformation of the development model and economic restructuring are the most pressing tasks for the Chinese government, Premier Wen Jiabao said Monday.These measures are the "key ... Read more...

Posted in Business |

China cuts GDP growth to 7.5 percent in 2012


March 5th, 2012 - 2:08 pm ICT by IANS
Beijing, March 5 (IANS) China has set its GDP growth target at 7.5 percent for 2012, down from 8 percent in 2011, according to a report to be delivered by ... Read more...

Posted in Business |

Economic growth falls to 3-year low at 6.1 percent (Roundup)


February 29th, 2012 - 8:36 pm ICT by IANS
New Delhi, Feb 29 (IANS) India's economic growth slumped to a near three-year low of 6.1 percent in the quarter ended December due to poor performance of manufacturing and mining ... Read more...

Posted in Business |

Headline inflation to continue around 7 percent till March: Pranab


February 6th, 2012 - 4:43 pm ICT by IANS
Kolkata, Feb 6 (IANS) Union Finance Minister Pranab Mukherjee said Monday headline inflation would continue around seven percent till March."I am happy that headline inflation has come down ... Read more...

Posted in Business |

Congress promises jobs, citizen’s charter in UP vision document


January 27th, 2012 - 6:25 pm ICT by IANS
Lucknow, Jan 27 (IANS) The Congress Friday released its vision document for the Uttar Pradesh assembly elections, promising to create 20 lakh jobs in the state in the next five ... Read more...

Posted in Politics |

India-Thailand FTA by middle of 2012


January 25th, 2012 - 9:10 pm ICT by IANS
New Delhi, Jan 25 (IANS) Thailand Prime Minister Yingluck Shinawatra Wednesday said India and Thailand will finalise by the middle of 2012 a free trade agreement and upgrade the pact ... Read more...

Posted in Business |

China’s 2011 fiscal revenue hits $1.64 trillion


January 20th, 2012 - 6:01 pm ICT by IANS
Beijing, Jan 20 (IANS) China's fiscal revenue grew 24.8 percent year-on-year to hit a record high of 10.37 trillion yuan ($1.64 trillion) in 2011, said the finance ministry Friday.Of the ... Read more...

Posted in Business |

Pakistan pursuing prudent economic policies: Gilani


January 20th, 2012 - 12:58 pm ICT by IANS
Islamabad, Jan 20 (IANS) A number of targets in the economic sector have been achieved during the first six months of the current fiscal due to the prudent policies ... Read more...

Posted in South Asia |

India seeks Saudi investment in infrastructure


January 5th, 2012 - 9:21 pm ICT by IANS
New Delhi, Jan 5 (IANS) Saudi Arabia was Thursday urged to invest in India's infrastructure sector and further boost economic engagements between the two countries."We look forward to Saudi ... Read more...

Posted in Business |

Constitution’s abrogation won’t be permitted: Nawaz


December 25th, 2011 - 3:47 pm ICT by IANS
Islamabad, Dec 25 (IANS) No one will be allowed to dissolve Pakistan's parliament and abrogate the constitution, former prime minister Nawaz Sharif has said, urging the government to focus ... Read more...

Posted in Uncategorized |

Brazil’s inflation rate may exceed 6.5 percent in 2011


December 23rd, 2011 - 1:36 pm ICT by IANS
Rio de Janeiro, Dec 23 (IANS) Brazil's central bank has forecast that the country's inflation rate for this year is likely to surpass the 6.5 percent upper limit set by ... Read more...

Posted in Business |

India may end 2011-12 with 7 percent growth: Montek


December 21st, 2011 - 11:29 pm ICT by IANS
Mumbai, Dec 21 (IANS) Economic deceleration is expected to continue in the third quarter of 2011-12 and India may end the financial year with a 7 percent GDP growth rate, ... Read more...

Posted in Business |

Government blames domestic economic woes on global uncertainties (Roundup)


December 9th, 2011 - 8:11 pm ICT by IANS
New Delhi, Dec 9 (IANS) The government Friday blamed slowing domestic growth on the global economic turmoil and officially downgraded the gross domestic product (GDP) growth rate to ... Read more...

Posted in Business |

India downgrades 2011-12 economic growth to 7.5 percent


December 9th, 2011 - 6:06 pm ICT by IANS
New Delhi, Dec 9 (IANS) The government Friday officially downgraded the gross domestic product (GDP) growth rate to around 7.5 percent for the current fiscal, citing the domestic slowdown ... Read more...

Posted in Business |

Chhattisgarh can maintain 11 percent GDP: Raman Singh


December 8th, 2011 - 10:41 am ICT by IANS
Raipur, Dec 8 (IANS) Mineral-rich but insurgency-ridden Chhattisgarh can maintain its high GDP growth rate of 11 percent for years, claims Chief Minister Raman Singh."Despite Maoist insurgency in iron ... Read more...

Posted in Politics |

NDA states benefiting from UPA programmes: Oomen Chandy


November 24th, 2011 - 1:39 pm ICT by IANS
New Delhi, Nov 24 (IANS) While admitting that some National Democratic Alliance (NDA)-ruled states were registering high growth, Kerala Chief Minister Oommen Chandy says it is easier for them ... Read more...

Posted in Politics |

Europe crisis can affect Indian economy: Pranab


November 13th, 2011 - 8:27 pm ICT by IANS
Kolkata, Nov 13 (IANS) Emphasising that he will not hesitate to take harsh measures to control sovereign debt and fiscal deficit of the country, union Finance Minister Pranab Mukherjee ... Read more...

Posted in Business |

GE chief Immelt lauds Indian entrepreneurship


September 26th, 2011 - 10:14 pm ICT by IANS
Bangalore, Sep 26 (IANS) General Electric (GE) chief executive Jeffrey R. Immelt Monday heaped praise on Indian entrepreneurship for its contribution to the Indian growth story."India has great entrepreneurs and ... Read more...

Posted in Business |

Indian economy grows slowest in six quarters (Roundup)


August 30th, 2011 - 6:42 pm ICT by IANS
New Delhi, Aug 30 (IANS) Despite a relatively higher growth of 3.9 percent in farm output, the Indian economy expanded only at 7.7 percent in the April-June quarter of ... Read more...

Posted in Business |

Growth to dip below 8 percent after slow first quarter: Industry


August 30th, 2011 - 4:28 pm ICT by IANS
New Delhi, Aug 30 (IANS) The Indian economy is expected to grow at a lower rate than projected by the government in the current fiscal, industry lobbies said Tuesday, ... Read more...

Posted in Business |

Infosys upbeat on growth but cautious on IT spending


July 12th, 2011 - 9:53 pm ICT by IANS
Mysore (Karnataka), July 12 (IANS) Indian IT bellwether Infosys Ltd is upbeat on sustaining double-digit growth this fiscal (2011-12) too but unsure of the IT spend by its clients ... Read more...

Posted in Sci-Tech |

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