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 |
US consumer credit goes up
July 10th, 2012 - 2:11 pm ICT by IANS
Washington, July 10 (IANS) US consumer credit increased at an annual rate of 8 percent in May as consumers stepped up their borrowing, the US Federal Reserve reported.
Total consumer ... Read more...
Posted in Business |
China’s Q1 GDP growth slows
April 13th, 2012 - 1:25 pm ICT by IANS
Beijing, April 13 (IANS) China's economy expanded 8.1 percent year-on-year in the first quarter of 2012, slowing from 8.9 percent in the fourth quarter of last year, the National Bureau ... Read more...
Posted in Business |
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 |
China manufacturing hubs see less profits
February 11th, 2012 - 7:45 am ICT by IANS
Beijing, Feb 11 (IANS) Rising manufacturing costs and weak external demand for China-made goods have dented the profits of industrial hubs in southeast China.Industrial output in Guangdong surged 20.9 percent ... Read more...
Posted in Business |
Growth slows in Shanghai
January 21st, 2012 - 4:14 pm ICT by IANS
Beijing, Jan 21 (IANS) Shanghai's economy grew 8.2 percent last year, among the slowest of China's provinces and municipalities, but it remains China's richest city.The growth pace moderated from 9.9 ... Read more...
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UAE airline places $2.8 bn order for Boeing planes
December 13th, 2011 - 2:40 pm ICT by IANS
Chicago, Dec 13 (IANS) The United Arab Emirates' Etihad Airways announced Monday that it would order 10 787-9 Dreamliners and two Boeing 777 Freighters in a deal worth $2.8 billion.
... Read more...
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IMF to lower global economic forecast
December 2nd, 2011 - 4:11 pm ICT by IANS
Washington, Dec 2 (IANS) The International Monetary Fund (IMF) said Thursday it would revise down the global economic growth pace next month as the financial turmoil triggered by the eurozone ... Read more...
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China’s GDP growth may be 9.2 percent in 2011
November 24th, 2011 - 2:24 pm ICT by IANS
Beijing, Nov 24 (IANS) China's annual GDP growth is expected to reach 9.2 percent this year and continue to experience a moderate cooling in 2012, a senior official said Thursday.Expansion ... Read more...
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Construction equipment industry eyes $23 billion revenues
November 22nd, 2011 - 6:55 pm ICT by IANS
Bangalore, Nov 22 (IANS) The fledgling Indian earthmoving and construction equipment (ECE) industry has the potential to grow its revenues six times to $23 billion by 2020 if the targeted ... Read more...
Posted in Business |
Diplomats, top IT professionals at Kerala meet
November 16th, 2011 - 1:42 pm ICT by IANS
Thiruvananthapuram, Nov 16 (IANS) Diplomats and top notch IT professionals will participate in the India IT Summit here Dec 16, its organiser said.Organised by the Confederation of Indian Industries (CII) ... Read more...
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Premji admits Wipro underperformed in Q3, eyes $1.4 bn in Q4 (Second Lead)
January 21st, 2011 - 9:40 pm ICT by IANS
Bangalore, Jan 21 (IANS) Wipro chairman Azim Premji Friday admitted that his company underperformed during the third quarter of 2010-11 fiscal and grew slower than its peers like Infosys and Tata Consultancy ... Read more...
Posted in Business |
Sovereign debt default may hit Indian IT industry: Infosys
January 13th, 2011 - 6:57 pm ICT by IANS
Bangalore, Jan 13 (IANS) The looming sovereign debt crisis in Europe may impact the Indian IT industry's growth in 2011 in case of defaults, a top official of the IT bellwether ... Read more...
Posted in Business |
Decision on State Bank of Indore’s merger soon: SBI
July 2nd, 2010 - 1:57 am ICT by IANS
Chennai, July 2 (IANS) The government's decision on merging State Bank of Indore with State Bank of India (SBI) is expected this month, the SBI chairman said Thursday.
"We expect to hear ... Read more...
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Industry cheers as India’s growth hastens to 6.1 percent (Roundup)
August 31st, 2009 - 6:11 pm ICT by IANS
New Delhi, Aug 31 (IANS) India's economic growth logged a notable acceleration to 6.1 percent for the first quarter of this fiscal from 5.8 percent for the quarter before due to strong ... Read more...
Posted in Business |
Assocham submits 20-point agenda for railways
June 19th, 2009 - 10:59 pm ICT by IANS
New Delhi, June 19 (IANS) Speedy execution of pending projects, modernisation of stations and improvement of passenger amenities are among the suggestions the Associated Chambers of Commerce and Industry of India (Assocham) ... Read more...
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Indian IT exports projected to grow in single digit
May 6th, 2009 - 7:21 pm ICT by IANS
Bangalore, May 6 (IANS) The Indian IT industry is set to witness a single-digit growth in software and services exports in 2009-10 because of global recession and lower technology spending in the ... Read more...
Posted in Business |
Volvo buses set for slow drive on bumpy road
March 10th, 2009 - 7:20 pm ICT by IANS
Bangalore, March 10 (IANS) Volvo Buses India Ltd, which posted a robust 115 percent growth in 2008, is aiming a slower growth this calendar year due to the economic slowdown and fund ... Read more...
Posted in Business |