Growth Projected for Indian Economy
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India's economy is expected to expand by 6.9 percent in the fiscal year ending in March, down from the previous year's record growth of 8.5 percent, the government said Monday.
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India expects its slowest growth in three years as agriculture lags faster growth in other sectors.
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The World Bank released its annual report on global economic prospects saying developing countries will register growth of 6.1% this year and just above 5% in 2005 and 2006.
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New Delhi, Feb. 15 (PTI): India has emerged as a rapidly growing Asian economy and has made impressive progress in infotech and biotechnology sectors, but it needs to set norms to eliminate tariff barriers and ...
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Growth in the Scottish economy will continue its upward trend into next year, according to a report.
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The outlook for India&#39;s economy was upgraded Monday by international credit rating agency Standard &amp; Poor&#39;s, despite rising inflation and insufficient monsoon rains that could slow growth.
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Economies in developing Asia are expected to expand 7.7 percent this year, higher than the 7.2 percent initially projected, thanks to booming growth in China and India, the Asian Development Bank said Wednesday.
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MANILA : The economies of developing Asia can expect gross domestic product (GDP) growth to hit 7.0 percent this year despite rising world oil prices, the Asian Development Bank (ADB) said on Wednesday.
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NEW DELHI: Hit by high crude oil prices and poor monsoon, India&#39;s economic growth is expected to slow down to 6.5 percent in 2004-05 fiscal, an Asian Development Bank (ADB) report said on Wednesday.
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The gross domestic product (GDP) of Bangladesh is expected to rise by 4.8 percent in fiscal 2004-2005 against the Asian Development Bank&#39;s (ADB) earlier projection of six percent, said an ADB press release here on Wednesday.
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The International Monetary Fund revises up its global growth forecast because of growth in China, India and Russia.
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India's economy may lose a bit of steam in coming months but will remain on track for strong growth despite global market turmoil and mounting fears of a US recession, analysts say.
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India sharply raised its full-year growth forecast to 9.2 percent from an estimate of above eight percent at the start of the year on a surge in demand for services and manufactured goods.
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In its autumn report the OECD said it expected Swiss gross domestic product (GDP) to grow by 2.0 per cent this year. But it has cut its outlook for Switzerland to 1.9 per cent from 2.3 per cent.
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In its latest Asian Development Outlook released today, the ADB said GDP growth projections for 2004 have been raised by about half a percentage point in both East Asia and Southeast Asia.
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India's economic growth unexpectedly accelerated during the last quarter on the back of rapid growth in consumer credit and government spending, raising the likelihood that the central bank will raise borrowing costs for the fourth time in a year.
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Astana - Washington, September 29 KAZINFORM - Despite facing various &quot;difficulties&quot; India has been able to grow fast and reduce poverty in the financial year 2004, the World Bank has said.