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US GDP growth rebounds to 4.0% in 2nd quarter

US GDP growth rebounds to 4.0% in 2nd quarter

Last Updated: Wednesday, July 30, 2014, 18:49

Private investment soared 17.0 percent in the second quarter, after shrinking 6.9 percent in the previous period. Investment was strong in both equipment and homes.

US economy seen regaining muscle in second quarter

US economy seen regaining muscle in second quarter

Last Updated: Wednesday, July 30, 2014, 11:20

Gross domestic product likely grew at a 3.0 percent annual rate after shrinking at a 2.9 percent pace in the first quarter, according to a Reuters survey of economists.

White House warns climate inaction could cost US billions

White House warns climate inaction could cost US billions

Last Updated: Tuesday, July 29, 2014, 22:11

Delaying efforts to reduce greenhouse gas emissions could cost the US USD 150 billion per year, the White House warned today in a report on the economic consequences of inaction on climate change.

GDP expected to grow by 5.2-5.7% in FY15: NCAER

Last Updated: Monday, July 28, 2014, 21:58

With manufacturing sector showing signs of nascent recovery, economic think tank NCAER expects India's GDP to expand at 5.2-5.7 percent this fiscal.

Direct tax collection on rise: FM

Last Updated: Friday, July 25, 2014, 16:27

Reasonable tax rates lead to voluntary compliance in paying taxes and government has means like search and seizure to make people pay their dues, the Lok Sabha was informed on Friday.

British economy grows to above pre-crisis level

Last Updated: Friday, July 25, 2014, 15:33

Britain is predicted by the IMF to be the fastest growing major world economy this year.

India ranks 135 on human development index: UNDP

Last Updated: Thursday, July 24, 2014, 18:36

India ranked 135 out of 187 countries on the human development index in UNDP`s annual report 2014 released Thursday.

Spain`s unemployment crisis eases: Official data

Last Updated: Thursday, July 24, 2014, 13:36

The unemployment rate in Spain fell sharply in the second quarter slipping beneath 25.0-percent, official data showed on Thursday in a further sign that the country is pulling away from deep economic crisis.

India likely to grow at 6% in 2014-15: Harvard Prof

Last Updated: Wednesday, July 23, 2014, 12:28

As per the Economic Survey, India's GDP growth rate will improve to 5.4-5.9 percent in the current fiscal after remaining at sub-5 percent level for past two years.

Incipient recovery on anvil for India: SBI

Last Updated: Tuesday, July 22, 2014, 15:40

India's exports are expected to rise 12-13 percent in the second quarter of the current financial year.

Monsoon revival to help economy grow at 5.9%: PHD Chamber

Last Updated: Sunday, July 20, 2014, 11:06

According to the Indian Meteorological Department, heavy rains that covered the entire country have narrowed the monsoon deficit to 36 percent from 45 percent in earlier weeks.

GDP growth to improve this fiscal: Jaitley

Last Updated: Friday, July 18, 2014, 16:13

India's economic growth is expected to improve during the current fiscal from 4.7 percent in 2013-14, helped by a revival in industrial growth, improved fiscal health and external economic situation, Parliament was informed today.