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PMO says GDP has grown three times during UPA rule

PMO says GDP has grown three times during UPA rule

Last Updated: Friday, April 18, 2014, 14:34

On GDP growth, Pachauri said, "GDP has grown three times in the last 10 years. Minimum wages have also gone up three times. This shows the government is working continuously."

China economy slowing down but still posts 'highest' growth

Last Updated: Thursday, April 17, 2014, 19:47

Allaying concerns over the slowing down of the world's second largest economy, China today said its 7.4 percent GDP growth rate in the first quarter is still "the highest" in the world and that it contributed to 30 percent of global growth.

India's economy to grow at 5.7% in FY'15: World Bank

Last Updated: Wednesday, April 09, 2014, 22:06

The World Bank Wednesday projected an economic growth rate of 5.7 percent in fiscal year 2015 for India on the back of a more competitive exchange rate and many large investments going forward.

China`s GDP growth to slow to 7.5% this year, 7.3% next: IMF

Last Updated: Tuesday, April 08, 2014, 23:25

The International Monetary Fund said Tuesday China`s economic growth would slow to 7.5 percent this year and 7.3 percent in 2015, avoiding a "hard landing" if the government addresses risks and undertakes reforms.

Growing service sector won't avert China slowdown

Last Updated: Thursday, April 03, 2014, 13:56

A robust services sector will not stop China`s economy from slowing into the middle of the year, analysts said after modest government stimulus was seen as a signal authorities want to steady growth to keep their reform drive on track.

India's potential growth rate below 6%: RBI report

Last Updated: Tuesday, April 01, 2014, 12:22

A survey of potential forecasters done by the RBI revised growth for FY15 to 5.5 percent from the earlier estimate of 5.6 percent.

India forecast to grow 5.5% this year: ADB

Last Updated: Tuesday, April 01, 2014, 08:42

India is forecast to accelerate to 5.5 percent this year, much faster than the 4.7 percent forecast in December.

Pak committed to normalise trade ties with India: IMF

Last Updated: Friday, March 28, 2014, 20:57

Pakistan is committed to normalise trade ties with India in a period of three years as part of its economic reform agenda, a top IMF official said on Friday.

Pace of economic reforms depends on outcome of elections

Last Updated: Wednesday, March 26, 2014, 20:28

Global brokerage firm Morgan Stanley on Wednesday said the pace of economic reforms depends on the outcome of general elections, which, it assumed, will throw up a stable government.

Lower CAD limits India's exposure to global shocks: Moody's

Last Updated: Wednesday, March 26, 2014, 16:06

Fall in high Current Account Deficit (CAD) limits India's vulnerability to global financial market volatility although elevated inflation still poses risks, says rating agency Moody's.

Narendra Modi led BJP to win general elections 2014: Moody's

Last Updated: Thursday, March 20, 2014, 19:01

Projecting the ouster of the UPA government after a disappointing second term, research firm Moody's Analytics on Thursday said the BJP is likely to form the next government after the general elections.

Morgan Stanley marginally raises 2014 GDP forecast to 5.2%

Last Updated: Tuesday, March 18, 2014, 18:13

Forecasting a marginal improvement in India's economy, Morgan Stanley has revised the growth projection for 2014 to 5.2 percent from 5.1 percent earlier.