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S&P downgrades India's outlook
New Delhi, April 25 (IBNS) Global rating agency Standard & Poor's (S&P) on Wednesday cut down India's outlook to negative from stable, citing deteriorating economic indicators and slow progress on its fiscal situation.S&P revised its outlook saying that India´s investment and economic growth have slowed. It has given India a rating of BBB(-) from stable. The lowered outlook will hamper India´s

Corporates want RBI to slash repo rate
New Delhi, Apr 15 (IBNS) With industrial production growing at much lower rate than expected, an overwhelming majority of corporates say the Reserve Bank of India (RBI) should cut repo rate by 100 basis points to reduce the cost of borrowings and spur fresh investments, according to a just-concluded survey by industry chamber ASSOCHAM.

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ASSOCHAM reacts to GDP Q3 figures
New Delhi,Feb 29 (IBNS) Industry body ASSOCHAM said the 6.1 per cent GDP growth during October to December of current fiscal year reflects loss of business confidence and can largely be attributed to acute liquidity crisis that stemmed from European markets.

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Health outlay to be increased to 2.5% of GDP
New Delhi, Feb 29 (IBNS) Health outlay will reportedly be increased to 2.5% of India's Gross domestic product (GDP).

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GDP growth may be slowest in over 2 years: Reuters poll

India's economy likely grew at its slowest pace in more than two years during the final months of 2011 as high interest rates and booming input costs hampered manufacturing activity, a Reuters poll

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PM's speech at the release of HUNGaMA report
New Delhi, Jan 10 (IBNS) The Prime Minister, Dr Manmohan Singh released the HUNGaMA (Hunger and Malnutrition) Report-2011 in New Delhi today.

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India s GDP Galleries

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