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Manu Kaushik
October 8, 2013
The latest Business Today-C fore Business Confidence Survey found that sentiment among corporate leaders is at a record low since the survey was started. On a scale of 100, the confidence level is at 48.2 in the second quarter of 2013/14, down from 48.7 in Q1 and 54.4 in Q4 FY13.


PTI
Srinagar, October 3, 2013
Buoyed by better-than-expected Q1 current account deficit (CAD) numbers, Finance Minister P Chidambaram said he is confident of closing the fiscal with a better set of numbers than projected.


PTI
Washington, October 3, 2013
India has topped the global chart of remittances with a whopping $71 billion in remittances in 2013, just short of three times the FDI it received in 2012, according to a revised World Bank forecast.


Associated Press
Hong Kong , October 2, 2013
The Asian Development Bank cut its economic growth forecast for developing Asia, citing weakness in region's two largest economies China and India and jitters over plans to scale back US stimulus that destabilised financial markets.


Goutam Das
October 1, 2013
The IT industry generates more than 60 per cent of its revenues from the US but Indian IT companies primarily work with the private sector and not the federal government.


PTI
New Delhi, October 1, 2013
\"We have cut down the FY14 CAD forecast by pulling down the net gold import bill by $7 billion to $30 billion,\" the global financial services major said in a research note.


PTI
New Delhi, October 1, 2013
\"As we are seeing growth clawing back, I am quite sure that the environment will be conducive for further incentivising of growth and we will see whatever steps have to be taken,\" Economic Affairs Secretary Arvind Mayaram said.


BT Online Bureau
New Delhi, October 1, 2013
The HSBC India Manufacturing Purchasing Managers' Index for the manufacturing industry stood at 49.6 in September, higher from 48.5 in August, but below the crucial 50-mark, indicating contraction.


PTI
New Delhi, September 30, 2013
Fiscal deficit is the difference between government receipts and spending. It touched Rs 4.04 lakh crore in April-August.


PTI
Mumbai, September 30, 2013
The deficit had declined to 3.6 per cent in the January-March quarter after touching a record high of 6.5 per cent in the October-December quarter. It was 4.4 per cent in Q1 2012-13.


PTI
New Delhi, September 30, 2013
\"While it is recognised that a conservation campaign might result in some reduction in petro-product consumption, the estimates of savings projected at 3 per cent, over and above the proposed crude imports cut, appear to be ambitious,\" the finance minister said.


PTI
New York, September 28, 2013
Inviting US companies to invest in the country, the Prime Minister Manmohan Singh asserted that concerns about the country's growth prospects and economic policy environment are \"mistaken\".


PTI
Mumbai, September 28, 2013
With the US and other global markets on the upswing, it is the right time to \"bring back market and bring back customers,\" Union Finance Minister P Chidambaram said.


PTI
New Delhi, September 27, 2013
Barclays says the growth and fiscal health of the country are likely to remain under pressure, with 2014 election dynamics adding to uncertainties.


PTI
Frankfurt, September 27, 2013
Reserve Bank of India governor Raghuram G Rajan has been awarded the Fifth Deutsche Bank Prize for Financial Economics 2013, in recognition of his ground-breaking research work which influenced financial and macro-economic policies around the world.


www.businesstoday.in
September 26, 2013
What would be needed is long-term investment horizon and calibrated investments to mitigate short term volatility, says Kotak Mutual Fund CEO Sandesh Kirkire.


PTI
New Delhi, September 24, 2013
India's economic growth had slumped to decade low of 5 per cent in 2012-13, and during the first quarter of 2013-14 slowed down further to 4.4 per cent.


BT Online Bureau
Mumbai, September 24, 2013
India Ratings has said annual defaults by India Inc reached a decadal high of 4.5 per cent in 2012-13, up from 3.5 per cent in the year-ago period.


PTI
New Delhi, September 23, 2013
In response to Gujarat CM Narendra Modi's reported claim of growth rate during Vajpayee government being 8.4 per cent, P Chidambaram said: \"Nothing can be further from the truth... I wonder why Shri Narendra Modi should stage a fake encounter with facts\".


Anand Adhikari
September 30, 2013
The RBI governor is using the headroom the stability of the rupee has given him to first correct the short-term interest rates, which were being raised by the central bank to kill speculation in the forex market and support the rupee.


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