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UBS cuts India's growth forecast to 7.1% for FY16

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.

Decline in exports "pulled down" GDP growth by 3%: FIEO

Last Updated: Thursday, September 3, 2015, 18:28

Exporters body FIEO on Thursday said the decline in outbound shipments has "pulled down" India's GDP growth in the April-June quarter by over 3 percent.

Morgan Stanley revises FY16 growth outlook to 7.5% from 7.9%

Last Updated: Wednesday, September 2, 2015, 16:12

The Indian economy is expected to clock a 7.5 percent GDP growth in this fiscal year, slightly lower than the previous estimate of 7.9 percent largely because of bad weather and weak external demand, Morgan Stanley said in a report.

Nifty plunges 185 points on gloomy macro data; bank shares crack

Last Updated: Tuesday, September 1, 2015, 20:41

Investor sentiment was dampened after the June quarter GDP grew below estimates at 7 percent and core sector growth slipped to a three-month low of 1.1 percent in July.

Economic growth slows to 7% in April-June quarter

Last Updated: Monday, August 31, 2015, 19:34

Reflecting a muted performance, the GDP growth slowed to 7 percent in the April-June quarter, from 7.5 percent in the previous quarter, amid deceleration in farm, services and manufacturing sectors.

Expert views: Economic growth slows to 7% in April-June

Last Updated: Monday, August 31, 2015, 19:31

India`s economic growth slowed to a lower-than-expected 7 percent in the three months through June from 7.5 percent in the previous quarter, government data showed on Monday.

India's economic growth disappoints at 7% in April-June quarter

Last Updated: Monday, August 31, 2015, 17:50

Despite backed by a strong growth in mining, manufacturing and construction sectors, the country's economic growth of 7 percent was seen as disappointing.

Greek economy grew by 0.9% in Q2

Last Updated: Friday, August 28, 2015, 15:48

Greece`s economy grew by 0.9 percent in the second quarter, official date showed Friday, improving on the 0.8 percent figure reported in a flash estimate earlier in August.

'RBI more likely to cut rates in September, GDP growth steady'

Last Updated: Friday, August 28, 2015, 13:25

There is a better than even chance that the Reserve Bank of India (RBI) will cut interest rates at its policy meeting on Sept. 29 thanks to inflation striking a record low, according to a Reuters poll, marking a shift in expectations from earlier.

Asia extends stocks rally as upbeat US GDP calms nerves

Last Updated: Friday, August 28, 2015, 08:07

Asian shares extended a global rally on Friday after upbeat U.S. economic data calmed sentiment, with Chinese stocks jumping for the second day following a rocky start to the week.

Asia's telcos face regulatory risks, stiff competition: S&P

Last Updated: Thursday, August 27, 2015, 16:18

The ratings agency said Asia's large population, GDP growth, and voracious appetite for data services will boost revenues across most of the region's telecom markets.

'Market crash an aberration, macro fundamentals in better shape'

Last Updated: Thursday, August 27, 2015, 13:19

The recent stock market crash is an "aberration" and markets will correct based on upcoming macro numbers -- GDP and CPI inflation -- which are likely to be positive, SBI Research said in a note Thursday.