Indian growth at lowest level in two years, 7.7 to 6.9

[lamlap]

only negative news about the West is censored. The censors are self racist. They censor more negative news about the US than negative news about China.

The media plays up the deaths of 6 children in the 2008 milk scandal, which while tragic, is NOTHING compared to the 29 that died from toxic melons in the US just a few weeks ago. The media plays up the deaths of the 37 who died in the train accident a few months ago in Wenzhou, but fail to note that the US makes up 20% of all train accidents worldwide, while China is only 4%.

They will never realize that the shoddy and dangerous US products and systems threaten the world with their incompetence and belligerence.

Support YOU. You tell the truth

 

[DarK-LorD]

will slow further on next quarter, could be 6 percent or even lower. even this 6.9 percent could be fabricated.

said it many times before. time will tell.

Meanwhile OECD projects:
OECD projects 7.6 per cent growth for India this fiscal - Economic Times

IMF projections for Pakistan:
IMF sees bleak future for Pakistan and several other states | Newspaper | DAWN.COM

 

[IndoCarib]

India sees growth above 7.5% despite global turmoil - The Economic Times

NEW DELHI: India's economy should expand by "over 7.5 percent" this year despite weak growth in the latest financial quarter and global economic turmoil, Finance Minister Pranab Mukherjee said on Friday.

Growth slumped to a two-year low of 6.9 percent in the second financial quarter, official data this week showed, hit by a string of interest rate hikes and the stumbling world economy.

 

[Imran Khan]

still better then us we should look ours first then comment on others

 

[patna_ke_presley]

will slow further on next quarter, could be 6 percent or even lower. even this 6.9 percent could be fabricated.

said it many times before. time will tell.

Kawaraj 6.9% is three times of 2.4% growth rate.

The economic crisis, again | Opinion | DAWN.COM
Economic meltdown 2012-2013 - Dr Farrukh Saleem

Read these news. Also Pakistan's economic crisis would further deepen with increased tensions with Americans and NATO.

 

[kawaraj]

India's exports in October rose by a much slower 10.82% to $19.87 billion, official data showed on Thursday, as a slowdown in major western markets affected demand pushing the monthly trade deficit to a four-year high of $19.6 billion. Exports grew 36.3% in September and in the first


seven months of 2011-12 grew by 45.96% at $179.78 billion.
Imports during October grew 21.72% to $39.51 billion against $32.46 billion in 2010-11 and for the seven-month period rose by 30.96% to $273.46 billion.

The trade deficit for April-October period is now estimated at $93.7 billion which was higher than the deficit of $85.7 billion during the same period in 2010-11.

In the month under review, oil imports amounted to $10.1 billion, a 20.73% increase year-on-year, while non-oil imports rose 22.07% at $29.4 billion.

Oil imports during April-September were valued at $81.92 billion, 40.82% higher year-on-year.

The total value of non-oil imports during period under review was $29.44 billion, 22.07% higher than the level of such imports valued at $150.65 billion during the corresponding period last year.

India's export growth slows in October - Hindustan Times