India&#39;s growth target lowered, anti-inflation measures unveiled:
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[Business India]: Mumbai, Oct 26 : India&#39;s growth forecast for the current fiscal was Tuesday lowered to 6-6.5 percent by the Reserve Bank of India (RBI), which also unveiled measures to arrest the inflation rate.
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China's inflation rate eased sharply in October as government efforts to cool the economy began to really bite, with food prices, one of the main culprits, showing some signs of slowing, official data showed.
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The Index of Leading Economic Indicators, a widely watched barometer of future economic activity, edged lower in September for the fourth month in a row, indicating a slowing in economic growth, a private research group reported Thursday.
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For decades, India focused on its domestic economy and grew more slowly. But all that is starting to change.
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The Organization for Economic Cooperation and Development cut its forecast for US economic growth and expects the Federal Reserve to lower interest rates next year, according to a draft of its latest estimates.
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The Indian economy is poised for sustained economic growth of 7-8 per cent for the next ten years, Finance Minister Palaniappan Chidambaram told participants in a keynote address at the opening session of the World Economic Forum&#39;s 20th India Economic
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Falling gas prices reduced the overall measure of prices paid by consumers in July, according to a government report Tuesday, as inflation was far less than Wall Street&#39;s expectations for the month.
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India slashed customs and excise duties on petroleum products on Wednesday in a bid to control rising inflation without hurting the profitability of oil firms.
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Inflation in the fast-growing Indian economy drops to a two-year low at the beginning of September, official figures show.
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The Bank of England says the room for further rate cuts is limited as it predicts slower growth and rising inflation.
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Policy makers and Wall Street analysts are being forced to scale back their expectations for growth in the overall economy.
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India's economy expanded by a lower-than- expected 8.6 percent in the third quarter to December, hit by weak farm growth on the back of poor monsoon rains, data on Wednesday showed.
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Japan&#39;s central bank downgraded its assessment of the economy for the first time in more than a year Friday, citing weakening industrial production and slowing export growth.
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NEW DELHI : Indian Prime Minister Manmohan Singh pledged to try to shield the poor by keeping down prices of essential goods amid rising inflation.
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The economy could be headed for slower growth in the next several months, according to a report released Thursday by a private research group.
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MEXICO CITY -- The Mexican government announced a plan Sunday to reduce inflation in 2005 by lowering duties on imports from countries without trade agreements and restructuring electricity rates.
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Softening a surprise, pushing stocks and yen lower; economists say there&#39;s little cause for alarm. TOKYO  - Japan revised downward second-quarter economic growth Friday to 0.3 percent from an initial