GDP

China eyes 8 percent GDP growth in 2010

China aims about 8 percent growth next year, even as it faces a tougher time boosting domestic consumption as a driver of growth, its industry minister said.

Amid inflation worries, India projects 7.75% growth

Amid concern over spiralling inflation, India on Friday projected a 7.75 percent growth for this fiscal.

CMIE raises GDP growth to 6.7% for this fiscal

: The Centre for Monitoring Indian
Economy has revised its GDP growth forecast for the current
fiscal to 6.7 per cent from 6.2 per cent announced last month.

Japan`s July-Sept economic growth estimate cut sharply to 1.3%

Japan`s economy grew at a far slower pace in the third quarter than first thought as capital spending fell, but a double-dip recession is seen as unlikely as exports rebound and corporate spending shows signs of bottoming out.

Nomura revises India`s GDP forecast to 7%

In view of India`s pleasantly
surprising GDP growth for the second quarter, Nomura Financial
Advisory & Securities (India) today revised the country`s
FY`10 GDP growth forecast at 7 percent from 6 percent
earlier.

Robust GDP, global recovery to drive Mkts further up: Analysts

The stock markets on Monday shrugged off
the Dubai hiccups and ended the days almost two percent
higher, and analysts believe the momentum is likely to
continue.

GDP forecast for 2009-10 may have to be upped: Montek

The Planning Commission Monday said the projections for the entire 2009-10 financial year may have to be revised upward after the latest GDP figures pointed towards an upturn in the economy.

Economy on recovery path, grows 7.9% in Q2

Amid signs of recovery, the Indian economy grew by 7.9% in the Q2 from a year earlier.

PMEAC expects Q2 GDP growth at 6.1%

The Prime Minister`s economic advisory panel expects the economy to grow by around 6.1 percent in the second quarter, the same as in the preceding three months, due to the impact of a weak monsoon on agriculture.

CMIE revises GDP growth forecast to 6.2%

The Centre for Monitoring Indian
Economy has revised its GDP growth forecast for the current
fiscal to 6.2 per cent from six per cent announced last month.

Axis Bank lowers GDP growth forecast to 6.2% for 2009-10

Private sector lender Axis Bank
on Thursday lowered India`s economic growth projection to 6.2 per
cent for the current fiscal from earlier estimate of 6.4 per
cent, mainly on account of lower farm output.

Northern region largest contributor to GDP: CII Report

Northern Region continued to be
the largest contributor to the GDP at 27.5 per cent in
2007-08 although the economic growth in the region has
underperformed the national average, says a CII report.

HSBC sees India GDP growth at 6.2% in FY10, inflation at 8%

Global banking major, HSBC has
retained its India GDP growth forecast of 6.2 per cent in FY10
but hiked the outlook for next fiscal by 0.5 per cent to 8.5
per cent given the economic recovery.

India`s global trade engagement rises to 54% of its GDP

India`s global trade in services and goods has risen phenomenally in the last five years to constitute over 54 per cent of its gross domestic product, reflecting a greater integration with the world economy.

Wall Street jumps as GDP growth spurs optimism

US stocks logged their best one-day percentage gain in three months on Thursday as investors saw data showing the US economy returned to growth in the third quarter as brightening the outlook for profits.

US economy grows in 3Q, signals end of recession

The economy grew at a 3.5% pace in Q3, the best showing in two years, fuelled by govt-supported spending.

Growth rate of `08-09 likely to be revised to 6.9%: Plan panel

A Planning Commission member on Thursday said the economic growth rate for 2008-09 could be revised upwards to 6.9 percent from 6.7 percent estimated by the
government earlier.

HSBC India expects GDP to grow by 8 pc in FY 11

HSBC India has forecast the
country`s GDP to grow by 8 per cent next year against the
estimated GDP growth of 6.5 per cent in the current year, a
top bank official said here.

GDP of GCC economies to grow 5.2% in 2010: IMF

Gulf Cooperation Council (GCC) member countries will see their gross domestic product grow at 5.2 percent in 2010 on the back of rising oil revenues, the International Monetary Fund has said.

India to grow at least 7% this fiscal: Suresh Tendulkar

The Indian economy would grow at
least 7% in the current financial year, according to
Suresh Tendulkar, former chairman of the Prime Minister`s
Economic Advisory Council (PMEAC).