China's annual economic growth could fall below 7 per cent in the second quarter if weak activity persists in June, an influential government adviser was quoted on Wednesday as saying.

The forecast b

Dismissing concerns that India's growth rate may drop below 6.5 per cent, Finance Minister Pranab Mukherjee on Monday said 2012-13 would be the turnaround year for the economy.

Addressing a confe

Faced with slowdown, the Planning Commission may lower the annual average growth target for the 12th Five-Year Plan (2012-17) to 8 per cent, down from 9 per cent envisaged earlier.

"The annual av

Terming decline in the economic growth rate to nine-year low of 6.5 per cent in 2011-12 as 'disappointing', finance minister Pranab Mukherjee on Thursday said the government will take 'necessary step

India's manufacturing sector kept up its steady expansion in May, with fast-rising output evened out by slowing growth of domestic order books, a business survey showed on Friday.

The HSBC manufactur

India's annual economic growth probably held steady in the January-March quarter at 6.1 per cent and the global economic slowdown, government policy paralysis and a record low currency suggest little

The Indian economy expanded by a much slower-than-expected 5.3 per cent in the January-March quarter, official data showed on Thursday, adding further pressure on the embattled government.

For the fu

Showing clear signs of slowdown in the Indian economy, the growth rate of eight core sectors halved to 2.2 per cent in April on account of sharp dip in output of natural gas and fertilisers.

The

The government's fiscal deficit during 2011-12 worked out to be 5.7 per cent of the GDP, lower than 5.9 per cent projected in the revised estimates in the Budget.

Fiscal deficit, the difference b

Most of the factors that led to India's growth slowdown have bottomed out, Finance Minister Pranab Mukherjee said in a statement on Thursday, after the economy grew at its weakest pace in nine years i