Growth Revival

Brent slips, stays below $104 on demand worries, firm dollar

Friday May 17, 2013

Brent futures slipped on Friday, staying below $104 as bleak U.S. economic data revived worries about demand growth in the world's biggest oil consumer, while a stronger dollar also pressured prices.

Inflation hits three-year-low in April at 4.89 per cent

Reuters | Tuesday May 14, 2013

India's headline inflation fell below 5 per cent in April, putting it back in the Reserve Bank's comfort zone for the first time in more than three years and fuelling market hopes for more monetary easing to revive the economy's pedestrian growth rat...

China HSBC April services PMI falls to lowest in nearly two years

Monday May 6, 2013

Growth in China's services sector slowed sharply in April to its lowest point since August 2011, a private sector survey showed on Monday, in fresh evidence that economic revival will remain modest and may be facing wider risks.

Manmohan Singh leaves for Durban to attend BRICS Summit

Monday March 25, 2013

Prime Minister Manmohan Singh left here today on a four-day visit to Durban for attending the BRICS Summit expressing the hope that ways to revive global growth and faster movement on reform of institutions of global, political and economic governanc...

Prime Minister Manmohan Singh leaves for Durban BRICS Summit, to push growth

Indo-Asian News Service | Monday March 25, 2013

Prime Minister Manmohan Singh on Monday said he looked forward to the 5th BRICS Summit in Durban in finding ways to revive growth, push investments and sustain macroeconomic stability.

RBI will take baby steps to easing, may cut rates in June: BofA

Friday March 22, 2013

According to the global investment banking major, the RBI will continue to gradually shift its focus to reviving growth from exclusively fighting inflation since 2010 and is likely to cut rates in June by 25bp, and by 50bp in March 2014 quarter.

Want 'outdated' caps on foreign investment relaxed: Chidambaram

Monday March 18, 2013

Finance Minister P Chidambaram on Monday said he wanted to remove or relax "outdated" caps on foreign direct investment (FDI) in different sectors, as his government struggles to revive an economy that has posted its weakest growth in a decade.

China picks Li Keqiang as new premier

Reuters | Friday March 15, 2013

China's legislature elected Li Keqiang as premier on Friday, installing an English-speaking bureaucrat as the man in charge of the economy, the world's second-largest, and its aim of reviving growth through consumer-led expansion.

Growth needed to overcome industrial tension: Montek

Thursday February 21, 2013

Worried over the industrial unrest witnessed during the two-day nation-wide strike, Planning Commission deputy chairman Montek Singh Ahluwalia said on Thursday that revival in economic growth will help combat industrial tension.

Ball in government's court, says Chidambaram on growth revival

Monday February 11, 2013

The RBI cut interest rates yesterday for the first time in nine months, but struck a cautious note on further easing as it waits to see how the government's upcoming Budget aims to trim a bloated fiscal deficit.

Stocks to do better; bonds, gold may lose sheen: RBS

Tuesday January 22, 2013

Equity markets will turn attractive while bonds and gold are likely to lose their sheen this year as domestic growth revives following the recent reforms and the improving global environment, says British lender RBS in a report.

Consumption jump to push up GDP growth rate to 6.7% in FY14: Crisil

Wednesday January 9, 2013

Ratings agency Crisil today said a revival in consumption will push up the country's gross domestic product (GDP) growth rate to 6.7 per cent in (Financial year) FY'14, from 5.5 per cent estimated for the current fiscal (FY13).

China official factory PMI points to steady growth revival

Tuesday January 1, 2013

With the official manufacturing index above 50 for three straight months, the survey indicates that China's vast factory sector is expanding.

Real estate sector likely to revive in 2013: Experts

Sunday December 23, 2012

After a long lull, the year 2013 is expected to bring back hopes of growth to the real estate sector, mainly due to the government's positive approach towards reforms and moderation of interest rates, experts say.

Government confident of meeting FY13 fiscal deficit target of 5.3%: official

Friday December 14, 2012

The government is confident of meeting the fiscal deficit target of 5.3 per cent in the current fiscal and the steps to boost investments have already started showing green shoots of revival, a top Finance Ministry official said today.