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June 05, 2012

CRISIL lowers economic growth forecast for India

Tags: CRISIL, india, growth, rating, economic, forecast, financial, year, industry, interest, rates, weak, demand, investment

Ratings agency CRISIL cut its India's economic growth forecast for the current financial year to 6.5 percent from its previous 7 percent. This is due to uncertainty in the eurozone, muted domestic investment demand, a domestic policy logjam, and limited fiscal and monetary space to stimulate the economy, CRISIL said in a report.

May 10, 2012

Indian gems and jewellery sector sees flat 2012

Tags: 2012, great, Indian, year, Jewellery, Gems, inventory, households, Fitch Ratings, margins

The Indian gems and jewellery industry will see muted demand in 2012 with volume growth to be around four percent for the sector, Fitch Ratings said. According to the rating agency, the low volume growth expected to be logged by the sector may be attributed to a reduction in discretionary spending both in the export and domestic markets.

May 03, 2012

Decline in coffee exports in Oct-April period

Tags: coffee, exports, crop, year, decline, value, output, buyers, Italy, Germany, russia

The export of coffee from India has dropped by two percent during the period from October 2011 to April 2012, the first seven months of the current crop year (October 2011-September 2012).

March 16, 2012

FM: Global crisis hit Indian growth

Tags: india, budget, Parliament, finance minister, Pranab Mukherjee, year, recovery, crisis

FM states that past year was one of 'recovery and challenges'.

March 14, 2012

New export markets should be explored: EEPC

Tags: Export Engineering Promotion Council, EEPC, Aman Chadha, products, target, 2011-12, fiscal, year, new, explore, markets

Export target for 2011-12 might not be met, says Council.

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