User: kailas Topic: Economics
Category: GDP
Last updated: Dec 16 2017 06:46 IST RSS 2.0
 
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The Final Republican Tax Bill Screws Over Puerto Rico 16.12.2017 Mother Jones
Puerto Rico Gov. Ricardo Rosselló said Friday that Republicans’ decision to leave a pair of provisions in the tax reform legislation that experts say will hammer Puerto Rico’s already struggling economy was “unconscionable.” “It is devastating and unconscionable that Congress would do this at this juncture,” Rosselló told NBC News after it was clear the provisions remained […]
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Growth slowdown bottoming out, says RBI governor Urjit Patel 16.12.2017 Business Standard: Today
The government has actively managed price pressure on some key food items, the governor said
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The Fed’s playbook says raise rates. What if that’s an obsolete game plan? 16.12.2017 Washington Post
The Fed’s playbook says raise rates. What if that’s an obsolete game plan?
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America’s chaotic, crazy, challenging, great, tumultuous, horrible, disappointing year 15.12.2017 Washington Post: Op-Eds
A look back at the ups and downs of public opinion in 2017.
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Services export rises 8% to $14 billion in October; import up 13% 15.12.2017 Hindu: Business
India’s services exports grew by 8 per cent to $14.15 billion in October, the Reserve Bank data showed on Friday. They amounted to $ 13.11 billion in October last year. The imports of services incre...
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Services exports rise 8% to $14 bn in Oct; imports up by 13% 15.12.2017 Latest News
Cumulatively, the services exports during the April- October period of the 2017-18 fiscal reached $94.48 billion
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Energy efficiency, conservation are critical for economy, says President 14.12.2017 HBL: Home
The industry and the Centre should take measures to improve energy efficiency and to meet the increasing energy demand in the country, President Ram Nath Kovind said here on Thursday.Speaking at the...
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Growth turnaround story is unconvincing 14.12.2017 HBL: Home
The optimism of government economists is belied by IIP-CSO data anomalies and consistently falling investment rates
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Moody's has stable outlook for non-financial corporates, except telcos 14.12.2017 Business Standard: Economy & Policy
Global rating agency Moody's today said it has a stable outlook for non-financial corporate in the country, except for telcos, on which it has a negative outlook for 2018. The agency also has stable outlooks for car-makers, and companies in the construction, cement, and textiles sectors, but a negative outlook on the real estate sector. "Our stable outlook is underpinned by the expectation that GDP growth of around 7.6 per cent will result in higher sales volumes, which along with new production capacity and stabilising commodity prices, will support pre-tax profit growth of 5-6 per cent over the next 12-18 months," Laura Acres, a managing director at Moody's corporate finance group, said in a report. She said further simplification of GST and other structural reforms or improved commodity prices can result in higher operational profit growth, and provide means for deleveraging for some corporates. The agency has a stable outlook for exploration & production ...
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India's growth to recover to 7% in next few quarters: Report 14.12.2017 deccanherald.com
Indias economic growth has bottomed out and the GDP growth will recover further to 7 percent over the next few quarters but it is likely to take few years to return to 7.5 percent above levels, Standard Chartered said. In a research report on Economic Outlook in 2018, it said the worst is over for Indias GDP growth while forecasting a growth rate of 6.5 percent for the current fiscal and 7.2 percent in the year thereafter. "We expect growth to normalise gradually over the next four to six quarters as the disruptive impact of major policy changes fades," it said. Economic growth has bottomed out after slowing to a 13- quarter low of 5.7 percent in April-June. "We see growth recovering further to 7 percent over the next few quarters (6.3 percent in July-September 2017) supported by several factors," Standard Chartered said. These factors include economys increasing alignment to policy changes, temporary GST exemptions facilitating a smooth transition to the new framework, bank recapitalisation addressing ...
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GDP growth to recover to 7% in next few quarters: Standard Chartered report 14.12.2017 Latest News
Said the market is concerned about fiscal slippage in FY18 in the wake of GST implementation and higher crude oil prices
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Comparing the 'Trump economy’ to the ‘Obama economy’ 14.12.2017 Washington Post
Comparing the 'Trump economy’ to the ‘Obama economy’
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US Federal Reserve raises interest rates again 14.12.2017 BBC: Business
The US central bank has moved to increase interest rates for the third time this year.
The true tax gap could be as high as $12 trillion 14.12.2017 Washington Post: Op-Eds
That’s a more realistic estimate, over a decade, for the Trump-GOP plan.
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BS Banking Round Table 2017: Lower lending rates necessary 14.12.2017 All Finance Stories
Leading bankers and a former regulator debate the key issues facing the industry and the big changes ahead
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More incentives required to boost digital transactions, says former RBI Deputy Governor 13.12.2017 BusinessLine - Money & Banking
More incentives are needed to push digital transactions and move towards a less-cash economy, according to HR Khan, former deputy governor of RBI.Though some incentives were announced after the de...
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‘By 2022, 9% of workforce will be in jobs non-existent today’ 13.12.2017 HBL: Industry & Economy
Report highlights disruptive techs, new biz models
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Hitting the bottom 13.12.2017 HBL: Opinion
Demonetisation did impact the poor in India
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ADB slashes India growth forecast for 2017-18 to 6.7% 13.12.2017 Rediff: Business
Growth forecast has been lowered owing to tepid growth in the first half of 2017-18, the lingering effects of demonetisation, transitory challenges of GST, and some risks to agriculture stemming from a spotty monsoon.
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Developing nations in Asia to grow at 6% in 2017: ADB 13.12.2017 All News-IANS Stories
The economies of developing countries of Asia are expected to record a six per cent growth in 2017, a decimal higher than the September-forecast, the Asian Development Bank said on Wednesday.
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