Exports dip 4.16% in May on global slowdown, manufacturing woes
Global slowdown and deceleration in domestic manufacturing pulled down India's exports by 4.16 per cent to USD 25.68 billion in May.
According to the provisional data released on Monday by the Co
China manufacturing falls to seven-month low
China's manufacturing activity fell to a seven-month low in June, official figures showed Sunday, despite government efforts to arrest a slowdown in the world's second largest economy.
The official p
China Q2 GDP growth may dip below 7%: Official
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
China May inflation at 2-year low, more easing seen
China's annual consumer inflation cooled faster than forecast to two-year lows of 3 per cent in May, helping explain the central bank's move to cut interest rates this week for the first time since th
China rate cut sparks fears of grim May data
Global cheers over China's decision to cut interest rates faded on Friday as investors and economists worried that the move signalled the impending release of grim economic data.
China's surprise rat
Indian manufacturing keeps up pace in May
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
It's clean-up time for Indian economy: Analysts
Amid concerns over a perceived policy paralysis in India, a leading domestic research firm has expressed hope that the much-criticised recent actions of the executive, judiciary and regulators would a
More analysts cut India's GDP forecasts
Analysts at Goldman Sachs and Bank of America-Merrill Lynch cut their growth forecasts for India, following up on a Morgan Stanley downgrade earlier this week that had sparked much concern in domestic
China manufacturing slows: HSBC study
Chinese manufacturing contracted in May for the seventh consecutive month as exports deteriorated, British banking giant HSBC said Thursday, arguing the data showed the need for more policy easing.
H
Depreciating rupee to push up prices of manufactured goods
Falling value of rupee is likely to further push up prices of manufactured goods and other commodities, adding to the woes of common man reeling under double-digit retail inflation, say experts.
"Th