Small rays of hope brightened Canada’s economic outlook last week
All data released last week point to a far better first quarter growth in Canada than previously expected, prompting economists to revise up their predictions.
In a Reuters poll conducted early last month, forecasters predicted that Canada’s economy expanded by just 1.6 percent on an annualised basis in the first three months of this year.
Not again, please! Brazil and India more vulnerable now to another crisis
After bad economic news from Germany, China and the United States over the past few weeks, here are two more. Brazil and India, two of the world’s largest emerging economies, are increasingly vulnerable to another crisis or to the eventual end of the ultra-loose monetary policies in developed economies after five years of a severe global slowdown.
Weak demand for Brazil’s exports and the voracious appetite of local consumers for imported goods widened the country’s current account deficit to 2.93 percent of GDP in the 12 months through March, the widest gap in nearly eleven years. In dollar terms, that amounts to $67 billion.
Indian inflation likely eased further in Feb, rate cut seen
BANGALORE, March 11 (Reuters) – Indian wholesale prices
likely rose at their slowest annual pace in more than three
years last month, strengthening the chances of a rate cut at a
central bank policy meeting next week, according to a Reuters
poll of economists.
February’s deceleration would be the fifth in a row,
bringing inflation closer to the Reserve Bank of India’s
perceived comfort level of around 5 percent as it comes under
pressure to shore up economic growth.
Inflation likely eased further in February, rate cut seen
BANGALORE (Reuters) – Wholesale prices likely rose at their slowest annual pace in more than three years last month, strengthening the chances of a rate cut at the RBI policy meeting next week, according to a Reuters poll of economists.
February’s deceleration would be the fifth in a row, bringing inflation closer to the Reserve Bank of India’s perceived comfort level of around 5 percent as it comes under pressure to shore up economic growth.
Indian budget expected to woo foreign investors – Reuters poll
BANGALORE (Reuters) – Whether India’s government will reduce borrowing in the next fiscal year is too close to call, but economists polled by Reuters say its resolve to cut spending and giveaways in next week’s budget will reignite investor confidence.
Finance Minister Palaniappan Chidambaram will deliver the annual budget on February 28, his last full budget before the country goes to the polls early next year.
Budget likely to woo foreign investors: Reuters Poll
BANGALORE (Reuters) – Whether the government will reduce borrowing in the next fiscal year is too close to call, but economists polled by Reuters say its resolve to cut spending and giveaways in next week’s budget will reignite investor confidence.
Finance Minister P. Chidambaram will deliver the annual budget on February 28, his last full budget before the country goes to the polls early next year.
Indian budget expected to woo foreign investors
BANGALORE, Feb 22 (Reuters) – Whether India’s government
will reduce borrowing in the next fiscal year is too close to
call, but economists polled by Reuters say its resolve to cut
spending and giveaways in next week’s budget will reignite
investor confidence.
Finance Minister Palaniappan Chidambaram will deliver the
annual budget on Feb. 28, his last full budget before the
country goes to the polls early next year.
Preview: Industrial output barely grew in November
BANGALORE (Reuters) – India’s manufacturers barely increased production in November compared to the year before as factories closed for holidays a month later than in 2011, a Reuters poll found on Wednesday.
The survey of 25 economists predicted that the index of industrial production (IIP), measuring output at factories, mines and utilities, rose just 0.7 percent year-on-year in November following an 8.2 percent rise in October.
Industrial output likely barely grew in November
BANGALORE (Reuters) – India’s manufacturers barely increased production in November compared to the year before as factories closed for holidays a month later than in 2011, a Reuters poll found on Wednesday.
The survey of 25 economists predicted that the index of industrial production (IIP), measuring output at factories, mines and utilities, rose just 0.7 percent year-on-year in November following an 8.2 percent rise in October.
India industrial output likely barely grew in November
BANGALORE, Jan 9 (Reuters) – India’s manufacturers barely
increased production in November compared to the year before as
factories closed for holidays a month later than in 2011, a
Reuters poll found on Wednesday.
The survey of 25 economists predicted that the index of
industrial production (IIP), measuring output at
factories, mines and utilities, rose just 0.7 percent
year-on-year in November following an 8.2 percent rise in
October.
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