Indian economy sees strong growth
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India's economy grew at an annual rate of 9.1% in the six months to September, the government says.
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The strong growth in exports is due to improvement in India's competitiveness and the addition of new services.
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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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Economic activity outside the manufacturing sector grew at an unexpectedly strong pace in November, marking the 20th consecutive month of expansion, according to a private research group.
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Indiaâs business providing software and services to companies outside its borders will grow a healthy 26 to 29 percent this year, the country's main trade association for that sector said Monday.
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Indiaâs IT services market is forecast to grow at a five-year compound annual growth rate of 23.2 percent, according to research firm Gartner.
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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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World economic growth will be higher than predicted, the IMF says at the start of Singapore meetings.
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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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India targets agriculture in its annual budget as a key to continued "growth and stability".
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Indiaâs exports of manufactured goods rose in November as companies completed orders and hedged to cope with the rupeeâs appreciation.
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The economy &#151; helped out by more brisk consumer and business spending &#151; grew at an annual rate of 3.9 percent in the third quarter, a performance that was stronger than previously thought.
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WASHINGTON -- The economy grew at its strongest pace in more than a year during the spring as solid improvements in international trade and business investment helped offset weakness in housing.
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The U.S. economy grew at a stronger  than expected pace during the final quarter of last year,  boosted by robust spending and slowing inflation that more than  offset the biggest decline in residential investment in 15  years, a government report on Wednesday showed.
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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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Prime Minister Manmohan Singh said India's economy would grow by 7.5 percent annually over the next decade and could be one of the world's biggest economies in the next generation.
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The economy expanded faster than expected in the last quarter of 2006 and remains strong.