GDP

  • UBS still overweight on India, positive on EM equities; see FY18 GDP growth at 6.6%: The house is still constructive on EM equities for next year and still remain overweight on India, said Geoffrey Dennis, Head-Global Emerging Markets, UBS Investment Bank. http://bit.ly/2iZgpUX

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  • Japan#39;s GDP grows for seven straight quarters, outlook remains solid: The economy expanded at a 1.4 percent annualised rate in July-September, slightly above the median estimate for annualised growth of 1.3 percent, Cabinet Office data showed on Wednesday. http://bit.ly/2zJDWkz

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  • Japan's GDP grows for seven straight quarters, outlook remains solid: TOKYO (Reuters) - Japan's economy grew faster than expected in the third quarter due to strong exports, posting the longest period of uninterrupted growth in more than a decade. http://bit.ly/2zIe0G1

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  • Modi turned people#39;s anger into communal hatred: Rahul: "Modi#39;s reforms have robbed India of its economic prowess," he alleged in an article in #39;Financial Times#39; that said demonetisation has wiped out 2 percent of GDP and "ruined" the lives of millions of workers. http://bit.ly/2hd1aXZ

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  • India#39;s current account deficit to be 1.5% of GDP this fiscal: India#39;s current account deficit (CAD) rose sharply to USD 14.3 billion -- 2.4 per cent of GDP -- at the end of first quarter of 2017-18. http://bit.ly/2gSfuoE

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  • Demonetisation hit poor but they forgave Modi, says former planning commission member Arun Maira: Maira said that GDP numbers, or numbers for that matter do not generally reflect the well being of the people http://bit.ly/2gKk8oB

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  • Bank recapitalisation plan to push GDP growth to 7% in FY19: Report: The government recently unveiled a Rs 2.1 lakh crore, (representing 1.2 per cent of GDP), recapitalisation package for public sector lenders which will be injected over two years. http://bit.ly/2gMZ8xG

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  • China will not set target to double GDP from 2021: Party official: The government will not solely pursue economic growth and will emphasise the quality of its growth, Yang Weimin, vice minister of the Office of the Central Leading Group on Financial and Economic Affairs, told a news conference. http://bit.ly/2gDO6uk

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  • Bank recapitalisation to improve credit, GDP growth: Report: The government yesterday announced a capital infusion of Rs 2.11 lakh crore in state-run banks over a period of two years, which includes recapitalisation bonds, budgetary support and equity dilution. http://bit.ly/2leBW0b

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  • Bank recapitalisation positive for growth, supportive for rupee: Goldman: According to the global financial services major, the banking sector recapitalisation is aimed at significantly reducing the drag on PSU banks on credit growth and will also boost investment and GDP growth. http://bit.ly/2ldOzbT

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  • China#39;s GDP expands 6.9% in first 3 quarters: The growth rate held steady from a 6.9-per cent increase in the first half of this year and is well above the government#39;s target for the year of 6.5 per cent. http://bit.ly/2l1OjN2

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  • China#39;s PBOC chief sees 7% GDP growth in H2, stronger than economist forecasts: While China produced forecast-beating growth of 6.9 percent in the first half, many economists and investors had expected its momentum would start to fade in the latter part of the year. http://bit.ly/2wYCSHs

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  • Reforms undertaken by India significant: World Bank chief: The World Bank yesterday forecast that India#39;s GDP may slowdown from 8.6 percent in 2015 to 7 percent in 2017 because of disruptions by demonetisation and the GST. http://bit.ly/2wPXIc1

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  • Economy may grow at 6.5% for 2017-18, says C Rangarajan : The country's GDP growth rate was pegged at 5.7 per cent for the quarter ended June 30. http://bit.ly/2gslmVF

    submitted via economic times , about 1 month ago by StockNews filed under
  • Output jump important for higher GDP: Debroy: Output jump important for higher GDP: DebroyDebroy, who heads the five-member EAC that was constituted by Prime Minister Narendra Modi on September 25, was speaking at the Internet of Things Summit 2017. http://bit.ly/2grF9oy

    submitted via economic times , about 1 month ago by StockNews filed under