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Economic growth may be 6-6.2% in fiscal 2013, says survey

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India's economy is likely to grow by 6-6.2 per cent in the current fiscal, lower than 6.5 per cent in 2011-12 which itself was the slowest in nine years, according to a survey of economists and indust

Indian economy to grow at slowest pace in 10 years: Reuters Poll

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India's economy will grow at its slowest pace in a decade in fiscal 2013, with tight monetary policy, political gridlock and a weakening global economy prompting analysts to slash their forecasts, a R

India GDP growth seen at 6.5 % in 2012: ADB

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The Asian Development Bank (ADB) cut its growth forecasts for developing Asia on Thursday, saying financial and economic problems in Europe and the United States had cut demand for exports, although Southeast Asia remained a bright spot.

India likely to grow less than 6% in fiscal 2013: Survey

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India's GDP growth will likely be less than 6 per cent for FY13, according to 72 per cent of respondents in a client survey by Standard Chartered Bank.

Twenty percent of the 125 corporate respondents

9% growth not possible in next 5 years: Montek

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In view of deteriorating global economic situation over the last one year, achieving average growth rate of 9 per cent in the next five years is not possible, and it may be 8-8.5 per cent, Planning Commission Deputy chairman Montek Singh Ahluwalia said on Friday.

India, a developing hero or displacing villain?

Development brings economic prosperity
Dr S. Jeevananda Reddy
(former chief technical adviser, world meteorological organisation, and food and agricultural organisation, United Nations)

Developm

Nomura cuts India GDP forecast to 5.8 pct

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Nomura has cut its GDP forecast for India to 5.8 percent from 6.7 percent for the fiscal year ending March. 2013, and to 6.6 percent in 2013/14 vs previous 6.9 percent.

Nomura said the country's mone

Next six months will be crucial for economy, says Kaushik Basu

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India's chief economic adviser Kaushik Basu on Monday said 'herd mentality' of ratings agencies led to Fitch's revision of India's rating outlook to negative from stable, but added that the review was

Aim is to regain 8-9 pc GDP growth: Pranab

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Finance Minister Pranab Mukherjee on Saturday said the most important challenge before the country is to regain and then to sustain an economic growth rate of 8 to 9 per cent.

"We also need to maint

India appalled at S&P junk credit suggestion

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Minister of State for Planning Ashwani Kumar defended India on Thursday, saying its expected growth rates and projects to boost internal trade and development do not warrant a junk status credit ratin

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