gross domestic product

Kerala should do more science and technology: Vayalar Ravi


September 13th, 2012 - 8:09 pm ICT by IANS
Kochi, Sep 13 (IANS) Kerala should formulate a policy for science, technology and innovation and align it to the National Policy 2013, said union Minister for Science and Technology and ... Read more...

Posted in Sci-Tech |

Non-Resident Keralites backbone of state economy: PM


September 12th, 2012 - 2:55 pm ICT by IANS
Kochi, Sep 12 (IANS) Prime Minister Manmohan Singh Wednesday described non-resident Keralites (NRKs) as the backbone of the state's economy."More than two million NRKs work in the Middle East ... Read more...

Posted in Business |

Mexico’s president-elect vows to reduce poverty


September 12th, 2012 - 11:38 am ICT by IANS
Mexico City, Sep 12 (IANS/EFE) President-elect Enrique Pena Nieto said in an address to political and business leaders that he planned to focus on reducing the poverty that afflicts 52 ... Read more...

Posted in Politics |

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 |

Indian automobile industry turnover $145 bn by 2016: Patel


September 5th, 2012 - 6:00 pm ICT by IANS
New Delhi, Sep 5 (IANS) Heavy Industries Minister Praful Patel Wednesday said the Indian automobile and auto component industry turnover will reach $145 billion by 2016 to account for more ... Read more...

Posted in Uncategorized |

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’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 |

Over six mn Latin American, Caribbean kids not in school


September 1st, 2012 - 1:00 pm ICT by IANS
Bogota, Sep 1 (IANS/EFE) Around 6.5 million of the 117 million children and adolescents in Latin America and the Caribbean do not attend school, the regional office of Unicef said ... Read more...

Posted in World |

`Colombia now South America’s No. 2 economy’


September 1st, 2012 - 12:48 pm ICT by IANS
Bogota, Sep 1 (IANS/EFE) Colombia has moved ahead of Argentina to become South America's second-largest economy, the outgoing Colombian finance minister said Friday."Colombia surpassed Argentina in GDP, we are the ... Read more...

Posted in Business |

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 |

Quick decisions needed to boost investments: Chidambaram


August 31st, 2012 - 5:17 pm ICT by IANS
New Delhi, Aug 31 (IANS) Finance Minister P. Chidambaram Friday said quick decisions are needed to accelerate investments, especially in the manufacturing sector, a major drag on the country's ... 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 |

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 |

Indian economy’s growth slows to 5.5 percent in first quarter


August 31st, 2012 - 1:12 pm ICT by IANS
New Delhi, Aug 31 (IANS) The Indian economy grew at a much lower pace of 5.5 percent in the first quarter of this fiscal, as per official estimates of the ... Read more...

Posted in Uncategorized |

`Brazil withstanding worst year of global crisis’


August 31st, 2012 - 12:21 pm ICT by IANS
Brasilia, Aug 31 (IANS/EFE) Brazil's finance minister said Thursday that Latin America's largest economy is holding up well amid the "worst year" of the global economic crisis and that its ... Read more...

Posted in Business |

Spanish economy shrinks


August 29th, 2012 - 11:23 am ICT by IANS
Madrid, Aug 29 (IANS/EFE) The Spanish economy shrank 0.4 percent in the second quarter after a contraction of 0.3 percent in the first three months of the year, the National ... 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 |

Downward revision of Spain’s GDP data


August 28th, 2012 - 12:23 pm ICT by IANS
Madrid, Aug 28 (IANS/EFE) The Spanish economy grew by 0.4 percent last year, less than the initial estimate of 0.7 percent, the National Statistics Institute, or INE, said.The INE also ... Read more...

Posted in Business |

PMEAC lowers 2012-13 GDP forecast to 6.7 percent


August 17th, 2012 - 4:10 pm ICT by IANS
New Delhi, August 17 (IANS) The Prime Minister's Economic Advisory Council (PMEAC) Friday revised downwards its economic growth projections for the current fiscal to 6.7 percent from the earlier 7.5-8 ... Read more...

Posted in Business |

China’s wind power capacity increases


August 16th, 2012 - 3:45 am ICT by IANS
Beijing, Aug 16 (IANS) China's on-grid wind power capacity has reached over 50 gigawatts this year, representing an annual growth rate of 87 percent.However, technical problems have prevented the efficient ... Read more...

Posted in Business |

Mexico’s tourism activity grows


August 15th, 2012 - 11:42 am ICT by IANS
Mexico City, Aug 15 (IANS/EFE) Mexico's tourism activity grew 3.9 percent in the first quarter of this year, compared to the same period in 2011, thanks to strong demand for ... Read more...

Posted in Business |

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 |

Egypt safe for tourists, says president


August 6th, 2012 - 9:58 pm ICT by IANS
Cairo, Aug 6 (IANS/RIA Novosti) Egypt remains a stable and safe destination for tourists despite the revolution in 2011 that ousted Hosni Mubarak, President Mohamed Morsi said Monday.Morsi was speaking ... Read more...

Posted in Uncategorized |

Now, workforce a major bottleneck for realty development (Comment)


August 5th, 2012 - 12:25 pm ICT by IANS
The Indian realty and construction sectors, which together contribute 17.5 percent to the country's gross domestic product (GDP) and growing at an enviable 35 percent per annum, now face a serious ... Read more...

Posted in Business |

Spanish consumer confidence at all-time low


August 4th, 2012 - 10:55 am ICT by IANS
Madrid, Aug 4 (IANS/EFE) Spain's ICC consumer confidence index dipped in July to its lowest level since the monthly survey was launched, the official Center for Sociological Research said.The ICC, ... Read more...

Posted in Business |

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 |

Indian economy to grow 6 to 6.5 percent in 2012-13: Montek


July 31st, 2012 - 3:39 pm ICT by IANS
New Delhi, July 31 (IANS) Indian economy is expected to grow by 6 to 6.5 percent in the current financial year and would take at least two years to reverse ... Read more...

Posted in Business |

Spanish economy contracts


July 31st, 2012 - 1:06 pm ICT by IANS
Madrid, July 31 (IANS) The Spanish economy contracted 0.4 percent in the second quarter of the year, the Spanish National Statistical Institute (INE) reported.The main cause of this economic downturn ... Read more...

Posted in Business |

RBI cuts growth forecast to 6.5 percent, warns on inflation


July 30th, 2012 - 8:28 pm ICT by IANS
Mumbai, July 30 (IANS) India's economic growth is likely to fall to 6.5 percent, inflation accelerate and fiscal deficit widen, the Reserve Bank of India said Monday, painting a gloomy ... Read more...

Posted in Uncategorized |

Spain’s unemployment rate edges up


July 28th, 2012 - 12:24 pm ICT by IANS
Madrid, July 28 (IANS/EFE) Spain's economic crisis continued to take its toll on employment in the second quarter, with the jobless rate edging up to 24.6 percent overall and more ... Read more...

Posted in Business |

South Korea’s GDP grows


July 26th, 2012 - 1:38 pm ICT by IANS
Seoul, July 26 (IANS) South Korea's gross domestic product (GDP) grew 0.4 percent in the second quarter from three months earlier, the central bank said Thursday.Real GDP, the broadest measure ... Read more...

Posted in Business |

Britain’s public sector borrowing rises


July 21st, 2012 - 2:02 pm ICT by IANS
London, July 21 (IANS) Britain's public sector net borrowing rose by 0.5 billion pounds ($0.79 billion) year-on-year to top 14.4 billion pounds in June, said the Office for National Statistics ... Read more...

Posted in Uncategorized |

Australian economy recovering slowly


July 18th, 2012 - 2:51 pm ICT by IANS
Sydney, July 18 (IANS) Australia's economic conditions are at their strongest since September 2011, but the growth rate of future economic activity remains below long-term trend, according to a survey ... Read more...

Posted in Business |

Brazil faults European response for economic crisis


July 14th, 2012 - 12:05 pm ICT by IANS
Rio de Janeiro, July 14 (IANS/EFE) European governments are wrong to address their region's economic woes by diminishing labour rights, Brazilian President Dilma Rousseff said Friday, calling instead for policies ... Read more...

Posted in Business |

South Korea’s central bank cuts 2012 growth outlook


July 13th, 2012 - 2:17 pm ICT by IANS
Seoul, July 13 (IANS) The Bank of Korea (BOK), South Korea's central bank, Friday cut its 2012 economic growth outlook for the country to 3 percent from an earlier estimate ... Read more...

Posted in Business |

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