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Economy of India

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Don't be despondent despite tough economic situation: Pranab to industry

Sep 16, 2012

Don't be despondent despite tough economic situation: Pranab to industry

Mukherjee said, "High inflation, higher current account and fiscal deficits, low growth rate no doubt are areas of concern. But these should not lead us to despondency." #Pranab Mukherjee #Economy of India #TheySaidIt
Need new strategy to grow over 8% in 12th Plan: PComm

Jul 06, 2012

Need new strategy to grow over 8% in 12th Plan: PComm

Pointing out that 12th Plan has started at a time when the conditions are unfavourable, Sen said that a new strategy would be needed to achieve higher growth. #Economy of India #NewsTracker #Planning Commission
'We'll bounce back to 8% growth rate, no policy paralysis in UPA 2'

Jul 06, 2012

'We'll bounce back to 8% growth rate, no policy paralysis in UPA 2'

Union Home Minister P Chidambaram said that after good growth rates of over eight percent during the past some years, 2011-12 was a difficult year owing to the eurozone debt crisis and the growth rate declined to 6.7 percent. #Economy of India #TheySaidIt #UPA government #P Chidambarm
Sensex to gain 10 percent by year-end: Poll

Jun 28, 2012

Sensex to gain 10 percent by year-end: Poll

A poll of economists suggests that Sensex is set to gain ten percent by the end of the year aided by a slump in oil prices and foreign investment. #BSE Sensex #oil prices #Economy of India #NewsTracker #IKEA Aktiebolag
Sensex closes in green, Axis Bank down 3% on HSBC stake sale

Jun 28, 2012

Sensex closes in green, Axis Bank down 3% on HSBC stake sale

It was a volatile session in the markets, however, both the BSE and NSE managed to close in green (0.14 percent) for the second consecutive today (expiry day for June series) #Bombay Stock Exchange #Economy of India #Tata Motors #MarketClose #BSE Sense
Rupee effect: Bajaj Auto to raise prices on high input costs

Jun 28, 2012

Rupee effect: Bajaj Auto to raise prices on high input costs

The rupee hike has made motorcycle maker Bajaj Auto to hike the prices of their bikes owing to the rising costs of the raw material. The company had increased costs earlier this year citing high input costs. #Economy of India #Bajaj Auto #Rupee #NewsTracker #Motorcycle
India's gold imports may rise on steady prices

Jun 28, 2012

India's gold imports may rise on steady prices

Experts say that India's gold imports are likely to rise in the next six months if local prices steady around 30,000 rupees for 10 grams. #Gold #silver #Economy of India #Currency #MetalWatch
Why Moody's is not negative on India

Jun 28, 2012

Why Moody's is not negative on India

India's not over and out as far as Moody's is concerned. The global rating agency maintains that it is still bullish on India's growth story and said that poor business sentiment is not a permanent situation. #Credit rating agencies #Economy of India #Moody's #Deficit #ExpertView
No economic tsunami, rating firms shouldn't lower India's outlook: Moily

Jun 27, 2012

No economic tsunami, rating firms shouldn't lower India's outlook: Moily

Corporate Affairs Minister Veerappa Moily today said there was no "economic tsunami" in the country and global rating firms should redesign their assessment parameters. #Credit rating #Pranab Mukherjee #Standard & Poor's AB #Economy of India #WhoSaidWhat #Veerappa Moily #MOODY'S CORPORATION #Corporate Affairs Minister
BJP slams govt, says country facing economic emergency

Jun 27, 2012

BJP slams govt, says country facing economic emergency

The BJP Tuesday said that the government is trying to protect the business interests of some foreign corporates and capitalists, due to which unemployment and inflation have touched the peak. #United States #Economy of India #NewsTracker #Bharatiya Janata Party #Mukhtar Abbas Naqvi