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Low crude price may push CAD below 1% this fiscal: Subramanian

Jun 29, 2016

Low crude price may push CAD below 1% this fiscal: Subramanian

The CEA said though the price of gold is surging, it may not have an impact on the overall CAD as the yellow metal imports constitutes less than half of the oil import bill resulting a in net positive affect. #Economy #GDP #NewsTracker #EU #Current Account Deficit #Arvind Subramanian
'India is a spoilt golden boy of the West': Chinese media justifies Beijing's NSG opposition

Jun 28, 2016

'India is a spoilt golden boy of the West': Chinese media justifies Beijing's NSG opposition

Defending China's opposition to India's entry into NSG as "morally legitimate", a state-run daily hit out at India saying the West has "spoiled" the country #India #China #GDP #US #Delhi #NewsTracker #NSG #NPT
Brexit woes: If China devalues yuan more, Sensex may hit 22,000

Jun 27, 2016

Brexit woes: If China devalues yuan more, Sensex may hit 22,000

Although India will be relatively less impacted from the Briton's decision to leave EU, according to market experts, domestic brokerages, however, worry the second round impact could affect the country more profoundly over several years #Sensex #GDP #FDI #Nomura #EU #FII #Ambit #Brexit #foreign currency debt
Speculation over Brexit is making the global economy nervous: World Bank

Jun 21, 2016

Speculation over Brexit is making the global economy nervous: World Bank

With two more days to go for the crucial referendum on Britain's continuance in the European Union, speculation over its exit (Brexit) is making the global economy nervous and the unfolding situation is being closely watched, a top World Bank official has said. #GDP #World Bank #NewsTracker #Foreign direct investment #European Union #Britain #Brexit #Global Economic Prospect
India can sustain 7.6% growth if stalled projects revived soon: World Bank

Jun 20, 2016

India can sustain 7.6% growth if stalled projects revived soon: World Bank

The update expects economic growth to be at 7.6 percent in 2016-2017 followed by a modest acceleration to 7.7 percent in 2017-2018 and 7.8 percent in 2018-2019 #GDP #World Bank #Growth #Indian Economy #WB
India's current account deficit narrows sharply to $0.3 bn on lower trade deficit

Jun 16, 2016

India's current account deficit narrows sharply to $0.3 bn on lower trade deficit

India's current account deficit (CAD) narrowed sharply to USD 0.3 billion, or 0.1 per cent of GDP, in the fourth quarter of 2015-16 from USD 7.1 billion, or 1.3 per cent, in third quarter, on account of lower trade gap. #GDP #RBI #Current Account Deficit #Balance of payments #CAD #Q4 #fiscal 2016 #Jan-Mar 2016 quarter
Post national executive meeting, BJP remains silent on CM candidate for UP polls

Jun 12, 2016

Post national executive meeting, BJP remains silent on CM candidate for UP polls

At the end of a widely-discussed national executive meeting in Allahabad, Bharatiya Janata Party spokesperson Ravi Shankar Prasad touched upon a wide range of issues. #Uttar Pradesh #GDP #Congress #BJP #NewsTracker #Bharatiya Janata Party #Ravi Shankar Prasad #UP elections #Modi government #BJP national executive meeting
GDP numbers may be 1% up or down, but economy in right direction, says Rajan

Jun 08, 2016

GDP numbers may be 1% up or down, but economy in right direction, says Rajan

Rajan further said that some people will quibble that the high GDP numbers do not reflect the ground realty #Economy #GDP #Raghuram Rajan #Monsoon #Animal Spirits
Be watchful of GDP: Here are a few anomalies that make them doubtful

Jun 01, 2016

Be watchful of GDP: Here are a few anomalies that make them doubtful

The problem with these forecasts and estimates is that they tend to be revised at least twice a year and often come at a lower level finally #GDP #RBI #Agriculture #Growth #NPAs
Manufacturing growth in May slowest in 5 months: PMI

Jun 01, 2016

Manufacturing growth in May slowest in 5 months: PMI

Manufacturing output in India grew at its slowest pace in five months in May, suggesting that the sector is "barely improving" and adding to the clamour for further interest rate cuts by the Reserve Bank. #GDP #RBI #Growth #Rate cut #MARKIT #India manufacturing PMI