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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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| 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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| Early signs of a recovery | 16-NOV-09 |
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| The global economic recovery augurs well for domestic companies having a large exposure to overseas markets. |
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| 'Outlays have had no relationship with outcomes' | 15-NOV-09 |
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| As an Indian, and one who has held high ministerial office, it is only right that I begin by portraying the reality of my own country before drawing comparisons with my South Asian neighbours. The World Food Programme tells us that half the world’s hungry live in India. |
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| Enough food buffer, also ready to import: Pranab | 10-NOV-09 |
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| Finance minister Pranab Mukherjee said that despite the shortfall in agriculture production, India has adequate buffer stocks of rice and wheat and the government will import what is needed to maintain demand and supply. |
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| Slow progress | 10-NOV-09 |
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| Economic Spot-check: If GDP growth numbers were the only standard, the recession would be over in almost all every country. But after a steep recession, economies can’t be considered healthy until consumers and companies are feeling confident about spending and investing. |
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| Steel firms may face a dismal third quarter | 10-NOV-09 |
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| Quarterly results of companies engaged in the commodities business are bad crucibles in which forges a view of the future. But operators driven, as they are, by emotion and unconscious fantasy will see a fall in turnover and profits for a particular period, which signals to sell and book profits. |
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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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| NCAER lowers GDP growth projection to 6.9% for FY10 | 04-NOV-09 |
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| Economic think tank National Council of Applied Economic Research (NCAER) today lowered the economic growth projection to 6.9 per cent for the current fiscal from earlier estimate of 7.2 per cent, mainly on account of lower farm output. |
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| More micro than macro | 28-OCT-09 |
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| The monetary policy stance articulated in yesterday’s quarterly announcement broadly lived up to expectations. The main policy instruments — the repo and reverse repo rates and the cash reserve ratio — were not changed. This was consistent with the Reserve Bank of India’s (RBI) view that, while the recovery was under way, it had not quite consolidated. Among other points of fragility is the agricultural situation, where this year’s output is expected to drop appreciably from last year’s. Consequently, the RBI has maintained its baseline GDP growth forecast for 2009-10 at 6 per cent, somewhat more conservative than those of the Ministry of Finance and the Prime Minister’s Economic Advisory Council. Since both those bodies, despite their greater optimism about growth, had already voiced their preference for the status quo, the RBI’s forecast provided an even stronger justification. |
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| GDP likely to grow by 6.5-6.75%: FM | 27-OCT-09 |
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| Finance Minister Pranab Mukherjee today said he would rather go with the economic growth projection of the Prime Minister's economic panel, saying the six per cent forecast by RBI was way too conservative. |
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