Last Updated: Tuesday, September 8, 2015, 16:13
Swiss brokerage UBS has revised downwards India's GDP growth projection for the current fiscal to 7.1 percent, from 7.5 percent earlier, on account of weaker external demand prospects.
Last Updated: Tuesday, September 8, 2015, 11:12
Moody's also lowered growth forecasts for many Asia Pacific (APAC) sovereigns, citing that subdued global growth, exacerbated by weaker demand from China.
Last Updated: Sunday, September 6, 2015, 11:29
The GDP growth is likely to strengthen, largely driven by an uptick in public spending. Moreover, consumption trends are also expected to remain "generally supportive", Barclays said in a research note.
Last Updated: Friday, August 21, 2015, 14:48
The Indian economy can double in three years and has the potential of becoming a $20-trillion economy, Railways Minister Suresh Prabhu said on Friday.
Last Updated: Tuesday, August 18, 2015, 09:23
Saying that India's growth outlook is resilient beyond short-term monsoon effects, Moody's has retained growth forecast for 2016 at 7.5 percent.
Last Updated: Friday, July 31, 2015, 11:27
The group said it now expected the Chinese market to contract by up to 1 percent, having previously guided for growth of between 0.5 to 1 percent.
Last Updated: Friday, July 31, 2015, 00:10
Foreign portfolio investment (FPI) inflows into India could trip below USD 15 billion this fiscal amid continued global uncertainty, a Bank of America Merrill Lynch (BofA-ML) report says.
Last Updated: Thursday, July 30, 2015, 21:51
Fiat Chrysler Automobiles on Thursday raised its revenue forecast after strong sales in North American and a recovery in the European market boosted second-quarter profits by 70 percent.
Last Updated: Tuesday, July 28, 2015, 18:39
Pfizer reported a dip in second-quarter profits Tuesday, but boosted its forecast due in part to higher revenues from cancer drugs and global vaccines.
Last Updated: Tuesday, July 28, 2015, 13:07
The company also lowered its expected full-year organic capital spending to below $20 billion after cutting it by 13 percent earlier this year as the industry continues to grapple with low oil prices.
Last Updated: Saturday, July 25, 2015, 09:16
The rate forecast was included with a series of bearish projections on U.S. economic growth and inflation that were presented to policymakers at their June 16-17 meeting.
Last Updated: Wednesday, July 22, 2015, 15:35
That compared with £581 million in the company`s previous fiscal year, EasyJet said in an upbeat statement on its third quarter or three months to the end of June.
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