Apr 17, 2014 at 18:47 | Source: PTI
Rising exports and moderation in gold imports pulled down India's current account deficit (CAD) sharply to USD 4.2 billion, or 0.9 percent of GDP, in the December quarter of 2013-14. "In spite of good economic prospects, Indian economy faces some challenges.
Apr 16, 2014 at 21:15 | Source: CNBC-TV18
Import of gold and silver imports fell 40 percent to USD 33.46 billion in 2013-14 mainly due to restrictions imposed by the government on inbound shipments of the precious metal to narrow the current account deficit.
Apr 06, 2014 at 10:22 | Source: Reuters
India's 815 million voters are set to inflict a resounding defeat on the ruling Congress party, led by the Nehru-Gandhi dynasty, surveys show, after the longest economic slowdown since the 1980s put the brakes on development and job creation in a country where half of the population is under 25 years old.
Apr 04, 2014 at 08:34 | Source: Reuters
The index is under the 2013 average of 51.7 and the long-run level of 54.0, as output contracted in three of the four biggest emerging economies, China, India and Russia.
Apr 03, 2014 at 09:18 | Source: CNBC
India's rise comes despite economic hiccups on the subcontinent. After enjoying speedy growth over the past decade, India's economy hit the brakes in 2012 with rising inflation, a growing current account deficit and a weakening rupee, which lost almost 13 percent against the dollar in 2013.
Mar 28, 2014 at 13:56 | Source: Reuters
Fresh equity sales in India slowed sharply in 2013 to USD 9.4 billion, down from USD 15 billion in 2012 and a record USD 31 billion in 2007, as slowing economic growth, corruption scandals and delays in project approvals battered sentiment.
Mar 28, 2014 at 09:42 | Source: PTI
India has emerged as one of the 10 fastest growing sources of foreign direct investment into the US, according to data from the US Department of Commerce.
Mar 19, 2014 at 10:01 | Source: Reuters
The ThomsonReuters/INSEAD Asia Business Sentiment Index snapped two consecutive quarterly declines and rose to 64 in the first quarter of this year from 62 in the fourth quarter of 2013. A reading above 50 indicates an overall positive outlook.
Mar 06, 2014 at 08:43 | Source: Reuters
HSBC's composite emerging markets index of manufacturing and services purchasing managers' surveys slipped for the third month running to 51.1 in February. It stayed under the 2013 average of 51.7 and well below a long-run level of 54.0.
Mar 04, 2014 at 19:55 | Source: PTI
The advertising revenues of mass media like television and newspapers were hit mainly on account of economic slowdown and depreciation in the rupee, affecting the fortunes of print, cable and DTH companies.