India Growth Below 5% as Policy Logjam Hurts Economy

Indian service sector activity increased at the fastest pace in three months in May, data from a survey by Markit Economics and HSBC Bank showed Wednesday. The HSBC/Markit purchasing managers index for the services industry today inched up to 53.6 ...

Despite the sluggish economic environment, companies across sectors are still positive about business and hiring, states TeamLease Services in its first half yearly (April-September FY14) Employment Outlook report.

Mumbai, June 12: Despite rising short-term economic uncertainty and GDP projections cut to 5-6 per cent, the consumption in India is expected to touch USD 3,600 billion in 2020 from USD 900 billion in 2010, says the CII and Boston Consulting Group ...

India Inc's business confidence index dropped to 57.4 in the January-March quarter of 2013, as against 61.2 in the previous quarter, a survey by Industry Chamber FICCI has showed; it also called for lower lending rates by banks to support investments and ...

The services sector, the Indian economy's largest segment, expanded to a three-month high in May, the HSBC Purchasing Managers Index (PMI) showed today. Services PMI rose to 53.6 points in May from 50.7 points in April. A reading above 50 shows ...

The PMI survey has shown factory activity in April and May has slowed to the brink of contraction. (Reuters) Related Top Stories Indian manufacturing growth nearly stalled in May as factory output shrank for the first time in over four years, a ...

The Finance Ministry's Economic Survey had pegged India's GDP growth at 9% for 2010-11. It ultimately turned out to be 6.2%. For 2011-12, it had projected the growth to be 7.6%. The latest estimated showed that it was at a decade low of 5%. For the ...

In India, auto sales last month fell 12%, a seventh consecutive month of declines, reports the Economic Times. prevnext Today's Headlines By Alex Lawler LONDON (Reuters) - OPEC predicted world oil demand will grow more quickly in the … More ...

India’s economic confidence dropped last month due to plethora of corruption allegations against the Union government ministers and the country is now the sixth most economically confident country in the world after Saudi Arabia, Sweden, China, Canada ...