growth outlook

IMF lowers 2012 growth outlook for South Korea


September 21st, 2012 - 2:22 pm ICT by IANS
Seoul, Sep 21 (IANS) The International Monetary Fund (IMF) lowered Friday its 2012 economic growth outlook for South Korea to 3 percent from 3.5 percent estimated in April, citing the ... Read more...

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South Korea’s consumer confidence weakens


August 27th, 2012 - 1:20 pm ICT by IANS
Seoul, Aug 27 (IANS) South Korea's consumer confidence weakened in August amid lingering uncertainties at home and abroad, data by the central bank showed Monday.The consumer sentiment index (CSI), which ... Read more...

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South Korean conglomerates see economy worse than 2008


August 22nd, 2012 - 1:17 pm ICT by IANS
Seoul, Aug 22 (IANS) A majority of South Korean conglomerates were seeing current economic conditions worse than those in 2008 when the global financial crisis occurred, a poll showed Wednesday.According ... Read more...

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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...

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Chidambaram’s efforts will help revive growth: FICCI


August 7th, 2012 - 8:10 pm ICT by IANS
New Delhi, Aug 7 (IANS) Enthused by Finance Minister P. Chidambaram's assurance of fine-tuning policies, industry body FICCI Tuesday said this would help revive economic growth."It is quite obvious ... Read more...

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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...

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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...

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South Korean central bank cuts policy rate (Lead)


July 12th, 2012 - 2:19 pm ICT by IANS
Seoul, July 12 (IANS) Bank of Korea (BOK), South Korea's central bank, unexpectedly cut its benchmark interest rate to 3 percent Thursday, lowering the 7-day repo rate for the first ... Read more...

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Fitch cuts India outlook to negative, Pranab responds (Lead)


June 18th, 2012 - 9:46 pm ICT by IANS
New Delhi, June 18 (IANS) Fitch Ratings Monday downgraded India's economic outlook to negative from stable, saying the country's growth outlook could deteriorate if policy-making and governance do not ... Read more...

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EIH posts 90 percent hike in net profit


May 29th, 2012 - 11:52 pm ICT by IANS
Kolkata, May 29 (IANS) EIH Limited, a member of The Oberoi Group, Tuesday announced that it has clocked a 89.68 percent hike in its net profit to Rs.122.42 crore during ... Read more...

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Rupee recovers from record low; Sensex up


May 17th, 2012 - 2:31 pm ICT by IANS
Mumbai, May 17 (IANS) On the back of a rebound in equity markets, the Indian rupee recovered by almost 30 paise Thursday from the previous day's record intra-day low ... Read more...

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IMF pegs Asia-Pacific growth at 6 percent in 2012


May 7th, 2012 - 11:41 pm ICT by IANS
Mumbai, May 7 (IANS) Growth in the Asia-Pacific region is expected to gain momentum over the course of 2012 and is projected at 6 percent during the year - barring ... Read more...

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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...

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IMF lowers India growth forecast to 6.9 percent


April 27th, 2012 - 7:05 pm ICT by IANS
New Delhi, April 27 (IANS) The International Monetary Fund (IMF) Friday lowered India's economic growth forecast to 6.9 percent for 2012 as compared to 7 percent projection announced in January.The ... Read more...

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Sensex ends 56 points down ahead of F&O; expiry (Lead)


April 25th, 2012 - 6:36 pm ICT by IANS
Mumbai, April 25 (IANS) A benchmark index for Indian equities markets closed 56 points lower Wednesday in choppy trade ahead of April futures and options expiry Thursday and after ... Read more...

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Rate cut to help revive growth, investment: Mukherjee


April 17th, 2012 - 6:57 pm ICT by IANS
New Delhi, April 17 (IANS) The Reserve Bank of India's (RBI) decision to cut policy rates by 0.50 percent for the first time in three years will help revive ... Read more...

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India’s growth pegged at 7.3 percent, inflation at 6.5 percent


April 17th, 2012 - 1:47 pm ICT by IANS
Mumbai, April 17 (IANS) India's central bank has projected the country's economic growth at 7.3 percent this fiscal, even as it has assessed the inflation rate to rule at around ... Read more...

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Sensex tanks 238 points on poor Infosys growth outlook


April 13th, 2012 - 7:13 pm ICT by IANS
Mumbai, April 13 (IANS) A benchmark index for Indian equities markets fell 238 points Friday on poor 2012-13 revenue guidance from technology bellwether Infosys and Eurozone woes.The 30-scrip sensitive ... Read more...

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Spain blames Europe growth concerns for debt-risk premium rise


April 6th, 2012 - 12:31 pm ICT by IANS
Malaga (Spain), April 6 (IANS/EFE) Spain's economy and competitiveness minister on Thursday blamed a sharp rise in the country's debt-risk premium to market volatility triggered by "doubts about growth in ... Read more...

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Sustainable development needed in Asia: Chinese official (Lead)


April 2nd, 2012 - 1:35 pm ICT by IANS
Boao (China), April 2 (IANS) Chinese Vice Premier Li Keqiang Monday called for joint efforts to push forward Asia's sound and sustainable development in the wake of complex global ... Read more...

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Moody’s raises South Korea’s credit outlook to positive


April 2nd, 2012 - 1:28 pm ICT by IANS
Seoul, April 2 (IANS) Global credit rating agency Moody's raised its outlook for South Korea's long-term sovereign credit rating to positive from stable, the country's finance ministry said Monday.According to ... Read more...

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CRR cut will ease liquidity problems, says Pranab


January 24th, 2012 - 7:57 pm ICT by IANS
New Delhi, Jan 24 (IANS) The Reserve Bank of India's (RBI) decision to cut the cash reserve ratio (CRR) by half a percentage point will help ease the liquidity ... Read more...

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Bankers revise Brazil’s growth outlook downward


December 27th, 2011 - 11:03 am ICT by IANS
Rio de Janeiro, Dec 27 (IANS/EFE) Economists at Brazil's banks have reduced their economic growth forecasts downward to 2.9 percent for 2011, the Central Bank said Monday.This is the fifth ... Read more...

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South Korea’s economy may slow down in 2012


December 12th, 2011 - 1:52 pm ICT by IANS
Seoul, Dec 12 (IANS) South Korea's economic growth was expected to slow down next year due to growing uncertainties such as Europe's debt crisis, the Korean finance ministry said Monday.The ... Read more...

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South Korea’s central bank lowers 2012 growth outlook


December 9th, 2011 - 1:27 pm ICT by IANS
Seoul, Dec 9 (IANS) South Korea's central bank lowered Friday the country's economic growth outlook for 2012 to 3.7 percent from an earlier estimate of 4.6 percent, citing slower export ... Read more...

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Mexico’s 2011 growth outlook improves


December 2nd, 2011 - 12:18 pm ICT by IANS
Mexico City, Dec 2 (IANS/EFE) Analysts have raised their growth outlook for the Mexican economy, the central bank said Thursday.According to Banco de Mexico's November survey of financial service firms, ... Read more...

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Hiring picks up on positive growth outlook


July 2nd, 2011 - 9:58 pm ICT by IANS
New Delhi, July 2 (IANS) The gloom of economic crisis on the job market is over. Most people who lost their jobs in 2009 have either been re-hired by their ... Read more...

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Indian equities markets end lower as inflation reigns high (Weekly market review)


May 22nd, 2011 - 3:00 pm ICT by IANS
Mumbai, May 22 (IANS) Indian equities markets closed the week in the red with benchmark indices losing over one percent and broader indices slipping more, as bearish sentiments strengthened ... Read more...

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RBI hints at rate hike, growth below 9 percent


May 2nd, 2011 - 7:33 pm ICT by IANS
Mumbai, May 2 (IANS) The Reserve Bank of India, the country's central bank, Monday hinted at another interest rate hike on May 3 as inflation has remained persistently high and ... Read more...

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Indian stock markets may gain 15-18 percent in 2011


January 5th, 2011 - 3:34 pm ICT by IANS
By Gyanendra Kumar Keshri New Delhi, Jan 5 (IANS) Indian stock markets are likely to gain 15-18 percent in 2011 on the back of an estimated 8-9 percent economic growth with robust ... Read more...

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RBI launches survey to gauge industry growth outlook


January 2nd, 2011 - 6:14 pm ICT by IANS
Mumbai, Jan 2 (IANS) The Reserve Bank of India (RBI) has launched a new round of survey to gauge the growth prospects of public and private sector companies during the January-March quarter. ... Read more...

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Sensex rallies for fifth straight week, eyes 21,000 points (Weekly Market Review)


October 2nd, 2010 - 4:28 pm ICT by IANS
Mumbai, Oct 2 (IANS) India's benchmark index rallied for the fifth consecutive week, led by continued inflow of funds from foreign institutional investors on the back of positive cues from global ... Read more...

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Foreign funds pump in $4.4 billion in September


September 25th, 2010 - 6:11 pm ICT by IANS
Mumbai, Sep 25 (IANS) Foreign institutional investors (FIIs) have pumped in $4.4 billion in the Indian equity market so far this month buoyed by strong economic growth outlook. Foreign funds have ... Read more...

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Sensex closes 177 points up at 19,595


September 17th, 2010 - 6:50 pm ICT by IANS
Mumbai, Sep 17 (IANS) A benchmark index for Indian equities rose 177 points Friday on the back of strong economic growth outlook and positive global cues. The 30-scrip sensitive index (Sensex) ... Read more...

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Rangarajan to brief Prime Minister on state of economy, growth outlook


July 22nd, 2010 - 12:23 pm ICT by ANI
New Delhi, July 22 (ANI): The Chairman of the Prime Minister's Economic Advisory Council (PMEAC), C. Rangarajan, will brief the Prime Minister, Dr Manmohan Singh, on the state of the economy ... Read more...

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