Global economic growth slow and unstable: IMF

The global economic growth is slow and unstable, so concrete policies to foster it are needed, an IMF official has said.

ADB pegs India`s economic growth at 8.2% in 2010

The Asian Development Bank Tuesday said India is poised for an economic growth of 8.2 percent in 2010 although rising inflation would remain a concern.

Indian economy poised to achieve 9-10% growth rate: PM

Prime Minister Manmohan Singh Monday said India was poised to achieve 9-10 percent economic growth but for this it required protection-free international climate.

Kalam moots societal grid to further economic growth

Former president A P J
Abdul Kalam on Thursday asked students to work towards establishing
a societal grid comprising the sectors of knowledge, health,
e-governance for accelerating economic
growth of the country.

Food prices may drive up inflation further: PMEAC

The risk of soaring inflation making the economic rebound painful is highly likely.

IMF projects India to grow by 8% next fiscal

The International Monetary Fund
on Thursday said Indian economy will grow by 6.75 per cent this
fiscal and return to its pre-crisis level of 8 per cent next
year even if the developed world remains sluggish.

India Inc upbeat on hiring; 71% cos currently recruiting

India Inc`s hiring activity has increased considerably and the current recruitment level is one of the highest globally, says a survey.

Economic storm over, devastation remains: Obama

US President Barack Obama declared in his State of the Union address that the worst of the economic storm had passed, but that a trail of devastation was left behind. Obama said his administration`s early actions last year had staved off a repeat of the 1930s Great Depression, he said, "And one year later, the worst of the storm has passed, but the devastation remains."

Britain facing slow growth in 2010: Business chiefs

Britain`s biggest employers` organisation said on Monday that the country`s economy would finally emerge from recession by the end of the year, but faces a "fragile path of slow growth" ahead.

India may announce carbon targets linked to economic growth

India may come out with its own carbon emission targets that may be based on its eco growth levels, ahead of the Copenhagen climate summit.

Japan`s economy posts strongest growth since 2007

Japan`s economy grew at the
fastest pace in two and a half years in the third quarter of
2009, smashing market forecasts and extending a recovery from
the worst downturn in decades, data showed on Monday.

India may not achieve 9% growth during 11th FYP

India may not achieve its growth target of nine percent during the 11th Five-Year Plan period as the economic slowdown and drought are likely to take their toll, a senior Planning Commission member said.

Obama highlights fresh signs of economic growth

President Barack Obama said on Saturday that reports the economy is growing again and that more than 1 million jobs were saved or created by his stimulus plan show "we are moving in the right direction."

China`s growth accelerates to 8.9% in 3Q

China`s economy charged ahead in the third quarter, expanding by 8.9 percent thanks to lavish stimulus spending that sparked a boom in construction, share prices and consumer spending.

Growth should be promoted, a bit of inflation could do: Sen

Chief Statistician Pronab Sen on Friday said little bit of inflation should be tolerated while promoting growth even as the rate of price rise would cross the central bank`s comfort zone by December.

Economy recovers; GDP grows 6.1% in Q1

GDP grew by 6.1% during Q1 of current FY despite economic crisis impacting several sectors.

RBI survey pegs economic growth at 6.5% for this fiscal

Indian economy is projected to grow
at 6.5 percent this fiscal, a survey conducted by the Reserve
Bank said today, revising the growth outlook upwards from 5.7
percent stated earlier.

Officials see US economic growth in 2nd half

Top US administration officials said that economic growth is highly likely to resume in the second half of the year, but warned of "hard choices" to contain rising deficits once recovery is assured.