| Much of the criticism against proposed GST is unwarranted | 23-NOV-09 |
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| This is the seminar time for the most topical subject, the proposed GST, as in the discussion paper presented on November 10, 2009. While the Industry and trade have reacted favourably, there are some criticisms which are unjustified. This is how they stand. |
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| India's economy may grow by 6-7% in FY10: CII | 17-NOV-09 |
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| India Inc today projected the country's economic growth in the range of 6-7 per cent for this fiscal, but slackening global demand remains a major concern for the community, industry body Confederation of Indian Industry (CII) said. |
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| D&B pegs GDP growth for Q2 FY10 at 6.3% | 17-NOV-09 |
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| Real Economy: IIP grew by 9.1% during Sep-09 after growing by an upwardly revised 10.9% during Aug-09, underpinning the sustained recovery path that the Indian economy has set upon. However, there exist certain downside risks to growth such as mounting inflationary expectations and a lower agricultural growth due to deficient rainfall. |
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| India to be $2 trn economy by 2014-15: Enam | 16-NOV-09 |
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| India will be a $2 trillion economy in the next five years as its GDP growth is likely to average at 12 per cent in nominal terms, powered by a huge consumption demand, Enam Securities has said. |
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| Global construction mkt to hit $12.7 trn, India to lead | 16-NOV-09 |
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| The global construction market is expected to soar to a size of $12.7 trillion by 2020 with the sector output likely to rise sharply over the next decade driven by emerging markets like India, China and Brazil, a report says. |
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| CMIE ups GDP growth forecast to 6.2% | 16-NOV-09 |
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| The Centre for Monitoring Indian Economy (CMIE), has revised its real gross domestic product (GDP) growth forecast for the current fiscal year to 6.2 per cent from the earlier six per cent. |
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| Pain, gain, drain | 16-NOV-09 |
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| Recession hangover: Jubilation? No, something more like quiet relief is in order. The eurozone has joined the US and Japan in saying farewell to quarterly GDP declines. That's an improvement on the freefall which looked possible in early 2009. But even if this still tentative recovery proves durable, the economy has suffered too much damage and is still too fragile for anything more exuberant. |
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| Not yet the G2, but maybe the G1? | 14-NOV-09 |
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| China/US: President Barack Obama will have a friendly meeting with his Chinese counterpart Hu Jintao next week. They two countries depend on each other too much for anything else. In a few years Hu or his successor may be able to tell the American leader what to do. But not yet. |
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| EU grows out of recession | 14-NOV-09 |
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| Europe’s deepest recession since World War II officially ended on Friday, as data showed the European Union was growing once again, following five straight quarters of contraction. |
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| SMEs' share in GDP to rise to 22% in 2012 | 10-NOV-09 |
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| The contribution of small and medium enterprises (SMEs) to India’s gross domestic product (GDP) is projected to go up by a minimum of five percentage points to 22 per cent of GDP by 2012, according to a paper published by the Associated Chambers of Commerce and Industry of India (Assocham). |
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| Dangerously productive | 09-NOV-09 |
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| Jobs and productivity: Surging productivity ought to be good for the US economy. But it could actually signal further job losses. The unemployment rate rose to 10.2 per cent in October in spite of a growing economy. Meanwhile, productivity surged at an annualised pace of 9.5 per cent in the third quarter. That’s normal in recoveries, but it began early - while GDP was still declining - and may continue. If so, jobs may be slow to return and unemployment could reach a record, weakening banks and depressing wages. |
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| India's GDP growth at 6.2% in FY10: HSBC | 05-NOV-09 |
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| 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. |
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