percentage point

Indian under-fives the most vulnerable in the world (Lead)


September 13th, 2012 - 7:13 pm ICT by IANS
New Delhi, Sep 13 (IANS) Despite the government's efforts to improve maternal and child health, the latest report released by UNICEF shows India had the highest number of deaths of ... Read more...

Posted in Health |

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 |

China’s non-manufacturing sector growth goes up (Lead)


September 3rd, 2012 - 1:27 pm ICT by IANS
Beijing, Sep 3 (IANS) The Purchasing Managers Index (PMI) of China's non-manufacturing sector, a key economic indicator, rose 0.7 percentage point to 56.3 percent in August, new survey results indicate.The ... Read more...

Posted in Business |

Growth up in China’s non-manufacturing sector


September 3rd, 2012 - 1:05 pm ICT by IANS
Beijing, Sep 3 (IANS) The Purchasing Managers Index (PMI) of China's non-manufacturing sector, a key economic indicator, rose 0.7 percentage point to 56.3 percent in August, new survey results indicate.The ... Read more...

Posted in Business |

Bernanke hints at moves to aid US labour market, recovery


September 1st, 2012 - 2:52 pm ICT by IANS
Washington, Sep 1 (IANS) US Federal Reserve Chairman Ben Bernanke has hinted that the central bank might provide further monetary easing steps to improve the US labour market and broader ... Read more...

Posted in Business |

‘Deteriorating eurozone crisis may slow Chinese economy’


August 25th, 2012 - 2:39 pm ICT by IANS
Singapore, Aug 25 (IANS) A further deterioration in the eurozone debt crisis could slow China's economic growth, a team of economists said in a report. The economists from the National ... Read more...

Posted in Business |

South Korea’s foreign debts grow to $418.6 bn


August 21st, 2012 - 2:02 pm ICT by IANS
Seoul, Aug 21 (IANS) South Korea's foreign debts grew to $418.6 billion in the second quarter of this year as lenders increased their short-term borrowing from overseas, the central bank ... Read more...

Posted in Business |

Sensex snaps 3-week losing streak; up 359 points (Weekly market review)


August 4th, 2012 - 6:06 pm ICT by IANS
Mumbai, Aug 4 (IANS) Snapping a losing streak of three straight weeks, Indian equities markets benchmark indices gained more than two percent in the weekly trade on the back ... Read more...

Posted in Business |

RBI keeps key rates unchanged, cuts SLR by 1 percent (Roundup)


July 31st, 2012 - 9:32 pm ICT by IANS
Mumbai, July 31 (IANS) The Reserve Bank of India (RBI) Tuesday kept key policy rates unchanged for the second time since June saying lowering them would raise inflationary pressure without ... 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 |

RBI keeps key rates unchanged as inflation outlook worsens (Lead)


July 31st, 2012 - 2:41 pm ICT by IANS
Mumbai, July 31 (IANS) The Reserve Bank of India (RBI) Tuesday kept key policy rates unchanged for the second time since June, saying lowering them would raise the inflationary pressure.In ... Read more...

Posted in Business |

RBI keeps key rates unchanged as inflation persists


July 31st, 2012 - 1:56 pm ICT by IANS
Mumbai, July 31 (IANS) The Reserve Bank of India (RBI) Tuesday kept key policy rates unchanged for the second time since June, saying lowering of rates would aggravate inflationary pressure.In ... Read more...

Posted in Business |

Brazil’s central bank cautious over fresh interest cut


July 20th, 2012 - 3:48 pm ICT by IANS
Brasilia, July 20 (IANS) Brazil's central bank has said it would remain cautious about "any additional steps toward monetary flexibility" despite extensive market expectations of a fresh rate cut.A report ... Read more...

Posted in Business |

US industrial production rises


July 18th, 2012 - 2:49 pm ICT by IANS
Washington, July 18 (IANS) US industrial production increased 0.4 percent in June, a fresh evidence of the ongoing US economic recovery, the US Federal Reserve said in a report. The ... Read more...

Posted in Uncategorized |

Brazil cuts basic interest rate to record low


July 12th, 2012 - 1:45 pm ICT by IANS
Rio de Janeiro, July 12 (IANS) Brazil's central bank cut its benchmark Selic interest rate Wednesday by half a percentage point to a record low of 8 percent in the ... Read more...

Posted in Business |

US jobless rate holds steady


July 7th, 2012 - 12:14 pm ICT by IANS
Washington, July 7 (IANS/EFE) The US unemployment rate remained at 8.2 percent last month as the economy created only 80,000 net new jobs, authorities said Friday.Analysts had expected a gain ... Read more...

Posted in Business |

US industrial production down


June 15th, 2012 - 10:00 pm ICT by IANS
Washington, June 15 (IANS) US industrial production, an indicator of the output of mines, factories and utilities, edged down 0.1 percent in May following an increase of 1 percent in ... Read more...

Posted in Business |

World Bank ups Russia GDP growth


June 13th, 2012 - 11:11 pm ICT by IANS
Moscow, June 13 (IANS) Russia's gross domestic product (GDP) will grow by 3.8 percent and 4.2 percent in 2012 and 2013 respectively, the World Bank said Wednesday.Both forecasts, carried in ... Read more...

Posted in Business |

Oil edges up


June 6th, 2012 - 7:26 am ICT by IANS
New York, June 6 (IANS) Crude oil prices edged up after seesawing Tuesday as US service sector data came in supportive, but weak European data deepened demand concerns.The Institute for ... Read more...

Posted in Business |

US unemployment rate drops in April


May 5th, 2012 - 12:43 am ICT by IANS
Washington, May 4 (IANS) The US unemployment rate fell slightly to 8.1 percent in April despite fewer job gains, the Labor Department said Friday.The reading was generally in line with ... Read more...

Posted in Business |

China manufacturing expands in April (Lead)


May 1st, 2012 - 3:53 pm ICT by IANS
Beijing, May 1 (IANS) China's Purchasing Managers Index (PMI), a preliminary readout of manufacturing activities, rose in April for five consecutive months, latest data showed Tuesday.The PMI climbed to 53.3 ... Read more...

Posted in Business |

China’s manufacturing expands in April


May 1st, 2012 - 2:39 pm ICT by IANS
Beijing, May 1 (IANS) China's Purchasing Managers Index (PMI), a preliminary readout of manufacturing activities, rose in April for five consecutive months, indicating the economy is on path of steady ... Read more...

Posted in Business |

US Fed hints at new steps to boost recovery


April 26th, 2012 - 3:40 am ICT by IANS
Washington, April 26 (IANS) US Federal Reserve Chairman Ben Bernanke Wednesday exuded frustration with the slow labor market recovery and hinted that the central bank was poised to take further ... Read more...

Posted in Business |

India’s central bank cuts interest rates to spur economy (Roundup)


April 17th, 2012 - 6:35 pm ICT by IANS
Mumbai, April 17 (IANS) The Reserve Bank of India (RBI) Tuesday cut some key rates by 50 basis points in a bid to push industrial growth and stimulate economy ... Read more...

Posted in Business |

India’s central bank cuts rates to push growth (Lead)


April 17th, 2012 - 1:16 pm ICT by IANS
Mumbai, April 17 (IANS) The Reserve Bank of India (RBI) Tuesday cut some key rates by 50 basis points in a bid to push industrial growth and stimulate economy ... Read more...

Posted in Business |

South Korea’s economic growth to slow in 2012: ADB


April 13th, 2012 - 1:35 pm ICT by IANS
Seoul, April 13 (IANS) South Korea's economic growth was expected to slow to 3.4 percent this year as economic downturn in advanced nations may hamper the country's exports, which account ... Read more...

Posted in Uncategorized |

South Korea’s jobless rate drops


April 12th, 2012 - 1:57 pm ICT by IANS
Seoul, April 12 (IANS) South Korea's jobless rate dropped to 3.7 percent last month from a year earlier as job creation kept its solid growth trend in the service industry, ... Read more...

Posted in Uncategorized |

Lowered inflation may spur growth: Brazil


April 6th, 2012 - 3:48 pm ICT by IANS
Rio de Janeiro, April 6 (IANS) Brazil's inflation is under control as latest statistics show the inflation rate dropped to its lowest level since July 2011, Finance Minister Guido Mantega ... Read more...

Posted in Business |

Britain unveils annual budget


March 21st, 2012 - 11:28 pm ICT by IANS
London, March 21 (IANS) British Finance Minister George Osborne Wednesday unveiled the budget for the 2012-2013 fiscal in parliament, announcing wide ranging tax reforms to reward work and support growth.Osborne ... Read more...

Posted in Business |

Vote fraud too small to make difference: Putin


March 8th, 2012 - 8:06 am ICT by IANS
Moscow, March 8 (IANS/RIA Novosti) Russian Prime Minister and president-elect Vladimir Putin has said there might have been violations in the vote but they did not go beyond hundredths of ... Read more...

Posted in Politics |

Decisions taken by two heads not always better than one


March 7th, 2012 - 4:52 pm ICT by IANS
Washington, March 7 (IANS) Important boardroom decisions and those relating to family matters are often taken by a number of heads - two, three or more. But are they any ... Read more...

Posted in Life Style |

South Korea’s consumer confidence rebounds


February 24th, 2012 - 1:44 pm ICT by IANS
Seoul, Feb 24 (IANS) South Korea's consumer confidence rebounded in February as positive economic indicators in the US boosted hopes for the global economic recovery, the central bank said Friday.Consumer ... Read more...

Posted in Business |

Chinese banks post record profits


February 19th, 2012 - 2:37 pm ICT by IANS
Beijing, Feb 19 (IANS) Chinese commercial banks have posted a record high net profit of 2.65 trillion yuan ($420.6 billion) in 2011, according to latest official data.Net profit in the ... Read more...

Posted in Uncategorized |

Australia’s unemployment rate down


February 16th, 2012 - 2:31 pm ICT by IANS
Sydney, Feb 16 (IANS) Australia's unemployment rate fell 0.1 percentage point to 5.1 percent in January, lowest since July 2011, data from Australian Bureau of Statistics (ABS) showed Thursday. The ... Read more...

Posted in Uncategorized |

Australian Reserve Bank leaves cash rate unchanged


February 7th, 2012 - 2:57 pm ICT by IANS
Sydney, Feb 7 (IANS) The Reserve Bank of Australia (RBA) announced Tuesday its decision to leave the cash rate unchanged at 4.25 percent following its February board meeting.The decision surprised ... Read more...

Posted in Business |

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