real gdp

S&P; upgrades South Korea’s sovereign rating


September 14th, 2012 - 3:46 pm ICT by IANS
Seoul, Sep 14 (IANS) Global credit rating appraiser Standard & Poor Friday upgraded the sovereign rating on South Korea by one notch to "A-plus", just one notch lower than those ... Read more...

Posted in Business |

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 |

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 |

Fitch downgrades India’s rating to ‘negative’


June 18th, 2012 - 8:41 pm ICT by IANS
Chennai, June 18 (IANS) Credit rating agency Fitch Ratings Monday revised downward India's outlook to "negative" from "stable" owing to corruption and inadequate reforms.It, however, affirmed the country's long term ... Read more...

Posted in Business |

Japan ups growth rate


June 8th, 2012 - 1:05 pm ICT by IANS
Tokyo, June 8 (IANS) Japan Friday raised its economic growth to 4.7 percent for the January-March quarter from the previous 4.1 percent.The real GDP figure for the period is equivalent ... Read more...

Posted in Business |

Oil unable to push UAE’s GDP further: Economist


June 7th, 2012 - 11:40 am ICT by IANS
Dubai, June 7 (IANS) As Abu Dhabi's oil production is near its maximum capacity, the oil and gas sector is not expected to drive the United Arab Emirates (UAE) output ... Read more...

Posted in Business |

South Korea’s GDP grew 0.9 percent in Q1


April 26th, 2012 - 1:42 pm ICT by IANS
Seoul, April 26 (IANS) South Korea's gross domestic product (GDP) grew 0.9 percent in the first quarter from three months earlier, the central bank said Thursday.Real GDP, the broadest measure ... Read more...

Posted in Business |

Economic Survey 2011-12 highlights


March 15th, 2012 - 2:04 pm ICT by IANS
New Delhi, March 15 (IANS) Highlights of the Economic Survey 2011-12 tabled in parliament by Finance Minister Pranab Mukherjee Thursday:- GDP growth estimated to be 6.9 percent in ... Read more...

Posted in Business |

US housing prices still falling


February 1st, 2012 - 12:56 pm ICT by IANS
New York, Feb 1 (IANS/EFE) Prices of single-family homes in the 20 largest US metropolitan areas fell 1.3 percent in November from the previous month and 3.7 percent compared with ... Read more...

Posted in Business |

India to aim at 8 percent plus growth next fiscal: Namo Narain Meena (Interview)


January 12th, 2012 - 10:48 am ICT by IANS
Jaipur, Jan 12 (IANS) India's "growth story is intact" and the goverment would target more than eight percent growth in the next financial year on the back of easing inflation ... Read more...

Posted in Business |

South Korea’s economic growth revised up in Q3


December 6th, 2011 - 2:25 pm ICT by IANS
Seoul, Dec 6 (IANS) South Korea's economic growth was revised up to 0.8 percent in the third quarter due to brisk exports and rising government expenditures, the central bank said ... Read more...

Posted in Business |

Moody’s downgrades Spain credit rating


October 19th, 2011 - 1:52 pm ICT by IANS
New York, Oct 19 (IANS) Moody's Investors Service Tuesday downgraded Spain's credit rating by two notches from As2 to A1.Moody's put Spain's credit outlook at negative, warning more downgrade risks ... Read more...

Posted in Business |

Inflation key challenge for India as growth slows: IMF


September 20th, 2011 - 8:04 pm ICT by IANS
Washington, Sep 20 (IANS) Predicting that India's growth would slow down from 10 percent last year to an average of 7.5 to 7.75 percent during 2011-12, the International Monetary Fund ... Read more...

Posted in Business |

India unlikely to meet fiscal deficit target: FICCI


August 31st, 2011 - 5:07 pm ICT by IANS
New Delhi, Aug 31 (IANS) Fiscal deficit in India is likely to remain over 5 percent in the current fiscal as against the budgetary estimate of 4.6 percent, due ... Read more...

Posted in Business |

US labour market, economy remain weak: Fed


August 31st, 2011 - 5:26 am ICT by IANS
Washington, Aug 31 (IANS) The US Federal Reserve said Tuesday that the pace of the country's economic recovery remained slow in recent months, and the labour market conditions continued to ... Read more...

Posted in Business |

Growth rate declining in southern states: Report


March 26th, 2011 - 5:48 pm ICT by IANS
Bangalore, March 26 (IANS) The gross domestic product (GDP) growth rate in four southern states has been declining in recent years, with Andhra Pradesh and Tamil Nadu falling below ... Read more...

Posted in Business |

India may slow down to 8.4 percent in 2011: World Bank


January 13th, 2011 - 11:26 am ICT by IANS
By Arun Kumar Washington, Jan 13 (IANS) South Asia's growth engine India is expected to slow down a tad to 8.4 percent this year from an estimated 9.5 percent in 2011 before rising ... Read more...

Posted in Business |

Indian economy to grow robustly with inflationary pressure: IMF


January 6th, 2011 - 6:57 pm ICT by ANI
Washington, Jan. 6 (ANI): An International Monetary Fund (IMF) report has said that the real gross domestic product (GDP) of India will grow at nearly nine percent during the period of April ... Read more...

Posted in Business |

Indians think economic conditions improving: Gallup poll


November 20th, 2010 - 11:08 am ICT by IANS
By Arun Kumar Washington, Nov 20 (IANS) Indians' economic optimism rose significantly in 2010 after tumbling amid the global recession with nearly half of them thinking their local economic conditions are improving, ... Read more...

Posted in Business |

India set to grow at 9.7 percent: IMF


October 6th, 2010 - 8:03 pm ICT by IANS
By Arun Kumar Washington, Oct 6 (IANS) Even as the world slowly recovers from its worst economic crisis in decades, the International Monetary Fund (IMF) Wednesday raised India's projected growth to 9.7 percent ... Read more...

Posted in Business |

India, China to post high growth as Asia leads recovery (Lead)


April 25th, 2010 - 3:21 pm ICT by IANS
Washington, April 25 (IANS) India and China will maintain high growth rates this year and Asia will continue to lead the global recovery despite challenges of inflation and excessive capital flows, ... Read more...

Posted in Business |

India poised to grow at 8 percent, inflation worrisome


April 25th, 2010 - 12:09 am ICT by IANS
By Arun Kumar Washington, April 24 (IANS) Recovering rapidly from the global financial crisis, India is poised to grow at 8 percent this year, but inflation and excessive capital flows could pose ... Read more...

Posted in Business |

Economic Survey says India’s trade prospects has brightened in 2010


February 25th, 2010 - 5:37 pm ICT by ANI
New Delhi, Feb.25 (ANI): The Economic Survey for 2009-10 presented by Finance Minister Pranab Mukherjee in Parliament on Thursday has revealed India's share in world merchandise exports after remaining unchanged at ... Read more...

Posted in National |

India to emerge from global economic crisis with stronger growth


February 24th, 2010 - 12:18 pm ICT by IANS
By Arun Kumar Washington, Feb 24 (IANS) With sound economic policies, India, Bangladesh and Bhutan are expected to emerge from the global economic crisis with stronger growth performances in South Asia, according ... Read more...

Posted in Business |

Japan’s fourth quarter economic growth beats expectations


February 15th, 2010 - 11:27 am ICT by IANS
Tokyo, Feb 15 (DPA) The Japanese economy grew faster than expected in the last three months of 2009, the government said in a preliminary report Monday. The nation's gross domestic product (GDP) grew ... Read more...

Posted in Business |

Mukherjee predicts 7.75 percent economic growth


February 10th, 2010 - 5:22 pm ICT by ANI
New Delhi, Feb 10 (ANI): Union Finance Minister Pranab Mukherjee on Wednesday referred to last year's economic survey projections and predicted that the economy could grow by 7.75 percent in the ... Read more...

Posted in National |

India to grow at 8 percent next fiscal: Goldman Sachs


December 4th, 2009 - 3:40 pm ICT by IANS
New Delhi, Dec 4 (IANS) Investment banker Goldman Sachs Friday said India would post a growth of over 8 percent in 2010-11 and 8.7 percent the following fiscal, thanks to strong domestic ... Read more...

Posted in Business |

Reserve Bank may raise cash reserve ratio: Moody’s


October 23rd, 2009 - 4:08 pm ICT by IANS
New Delhi, Oct 23 (IANS) India's central bank is unlikely to alter the repo or reverse repo rates at its Oct 27 meeting, but may raise the cash reserve ratio by 50 ... Read more...

Posted in Business |

India, China leading Asia out of global downturn


October 21st, 2009 - 7:57 pm ICT by IANS
By Arun Kumar Washington, Oct 21 (IANS) Led by China, India and Indonesia, Asia is emerging from the global economic crisis sooner and stronger than any other region, according to a top International ... Read more...

Posted in Business |

After recession, world economy to grow by 3 percent in 2010: IMF (Lead)


October 1st, 2009 - 1:59 pm ICT by IANS
By Arun Kumar Washington, Oct 1 (IANS) As the world economy comes out of a deep global recession, global activity is forecast to expand by about 3 percent in 2010 after contracting by ... Read more...

Posted in Business |

RBI governor sees signs of recovery in some sectors (Lead)


May 14th, 2009 - 9:43 pm ICT by IANS
Bangalore, May 14 (IANS) Reserve Bank of India (RBI) governor D. Subbarao Thursday said some sectors of the economy were showing signs of recovery even as the pace of decline in certain ... Read more...

Posted in Business |

India expects resilient economy to grow at 6 percent


April 26th, 2009 - 12:09 am ICT by IANS
By Arun Kumar Washington, April 25 (IANS) Notwithstanding several challenges, the Indian economy remains resilient and is expected to grow at around 6 percent in 2009-10 with fiscal and monetary stimulus measures cushioning ... Read more...

Posted in Business |

India’s central bank sees 6 percent growth, cuts key rates (Roundup)


April 21st, 2009 - 6:25 pm ICT by IANS
New Delhi, April 21 (IANS) India's central bank Tuesday predicted the economy would grow by 6 percent in the current fiscal. It cut key rates by 25 basis points and asked ... Read more...

Posted in Business |

Economy to grow by 6 percent, inflation to rise too: RBI (Lead)


April 21st, 2009 - 1:43 pm ICT by IANS
Mumbai, April 21 (IANS) India's economy will grow by six percent this fiscal while inflation would rise to around four percent, the central bank said here Tuesday while announcing a 25 basis ... Read more...

Posted in Business |

Japanese government approves $154 bn stimulus plan


April 10th, 2009 - 6:08 pm ICT by IANS
Tokyo, April 10 (DPA) The Japanese government and the ruling coalition parties finalised an additional stimulus plan Friday to pull the nation's economy out of the worst recession of the postwar era. Japan's ... Read more...

Posted in World |

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