Moody’s retains ‘stable’ outlook on India backed by consumer demand
Moody's will retain its 'stable' outlook on India, expecting economic growth to improve on the back of consumer demand, although the country is still constrained by its fiscal deficit, an analyst at...
View ArticleIndian IT outsourcing to have double-digit growth in FY13: Nasscom
The National Association of Software and Services Companies (Nasscom) had in February forecast IT exports to grow 11-14 percent in the fiscal year ending March 2013.
View ArticleIndian Enterprise IT Spending Will Grow 10.3% In 2012
Indian enterprise IT spending across all industry markets is forecast to surpass $39 billion in 2012, says Gartner. The post Indian Enterprise IT Spending Will Grow 10.3% In 2012 appeared first on...
View ArticleIDC cuts forecast for tablet shipments as Western markets slow
The global tablet market is now expected to grow 6.5 percent year-over-year, which is well below the 12.1 percent growth rate previously forecasted. The post IDC cuts forecast for tablet shipments as...
View ArticleReality check: Here’s why it is too early to cheer on economic revival
better than two years of stagnant growth at 4.5% and 4.7% respectively, we are still to see the Big Push come from consumption or investment The post Reality check: Here’s why it is too early to cheer...
View ArticleCisco’s outlook weighed down by weak telecom spending, emerging markets
"Service provider is the big challenge...that's due to two to three U.S. service providers who have dramatically slowed the order rates with us," Chief Executive John Chambers said. The post Cisco’s...
View ArticleGoldman Sachs halves short-term oil forecast to $42/barrel
Global oil prices extended their slide on Monday as Goldman Sachs lowered its short-term price outlook, while refineries in Ohio and Pennsylvania were hit by fires over the weekend, curtailing demand...
View ArticleOPEC cannot protect world oil prices, says United Arab Emirates
OPEC cannot protect world oil prices which have plunged since June, the United Arab Emirates said today, adding that rising North American shale oil output needed to be curbed. The post OPEC cannot...
View ArticleIMF retains FY17 India GDP forecast at 7.5%, cuts world growth
The International Monetary Fund (IMF) today kept India's growth projection unchanged at 7.3 per cent in the current fiscal and 7.5 per cent in the next, even as it cut world economic outlook to 3.4 per...
View ArticleDust storm followed by light showers in Delhi brings relief to city dwellers:...
A dust storm accompanied by light rains swept the national capital on Monday bringing much-awaited respite to Delhiites from the oppressive heat as the maximum temperature dropped to settle at 40.9...
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