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Indian economy recovers with 7.2% growth

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AFP India's economy should expand by 7.2 per cent this fiscal year, the government forecast on Monday, as growth heads back to the robust levels seen before the global financial crisis. The projection for the 12 months ending March 2010 was contained in an estimate by the statistics
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India sees 7.2% growth as economy recovers

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The projection for the 12 months ending March 2010 was contained in an estimate by the statistics office for use in drafting next year's budget to be presented at the end of February. The economy "has clearly turned," said chief government economic advisor Kaushik Basu while finance Secretary
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India sees 7.2% growth as economy recovers

India's economy should expand by 7.2 per cent this fiscal year, the government forecast on Monday, as growth heads back to the robust levels seen before the global financial crisis. The projection for the 12 months ending March 2010 was contained in an estimate by the statistics office

Blair’s Business Backers Split in ‘Up for Grabs’ Vote (Update1) - Bloomberg.com

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“I might decide 24 hours before,” Gilkes, 69, said of the election, which Blair’s successor, Gordon Brown , must call by June. “I have no wish to publicly declare I am changing my allegiance, but I cannot endorse the current leadership.” Gilkes’ hesitation to support the
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Blair’s Business Backers Split on Brown in ‘Up for Grabs’ Vote - Bloomberg.com

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“I might decide 24 hours before,” Gilkes, 69, said of the election, which Blair’s successor, Gordon Brown , must call by June. “I have no wish to publicly declare I am changing my allegiance, but I cannot endorse the current leadership.” Gilkes’ hesitation to support the
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U.K. Producer Prices Increase Most on Year Since 2008 (Update2) - Bloomberg.com

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The cost of goods at factory gates increased an annual 3.8 percent, the Office for National Statistics said today in London. The median forecast of 16 economists in a Bloomberg News survey was for a 3.7 percent gain. On the month, prices climbed 0.4 percent. The Bank of England yesterday paused
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Czech Republic, Romania: East European Bond, Currency Preview

By Piotr Skolimowski Czech Republic: The central bank will probably leave the main interest rate at 1 percent, according to a median forecast in a Bloomberg survey of economists. The policy makers will announce the decision at 1 p.m. in Prague. The koruna dropped 0.3 percent to 26.05

Eurozone retail sales flat in December

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AAP Retail sales in the 16 countries that use the euro were flat in December from the previous month, official figures showed on Wednesday - a further sign that consumers in the eurozone remain reluctant to spend despite the end of the recession. The figure published by Eurostat, the
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Eurozone retail sales flat in December

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Retail sales in the 16 countries that use the euro were flat in December from the previous month, official figures showed Wednesday - a further sign that consumers in the eurozone remain reluctant to spend despite the end of the recession. The figure published by Eurostat, the EU's
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Eurozone retail sales flat in December

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The figure published by Eurostat, the EU's statistics office, was well below market expectations for a 0.5 per cent increase. On a year-on-year basis, sales were down 1.6 per cent. Some of the sting was taken out of the figures by the news that November's 1.2 per cent monthly decline was
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