Archive for EconomyEconomy

India Signalling Positive Economic Forecasts

Subscribe to Hexxcom’s RSS feed to get the latest Updates. Thanks for visiting!India’s growth forecast for 2010-2011 has been revised up from 8.2% to 8.6% as a result of strong economic performances and an increase in private consumption, for the first two quarters of the fiscal year.

France Clinches $20 billion deal with India

France agreed a deal with India worth $20 billion spanning atomic energy, defence and civil aviation. The $20 billion deal signed by French president Nicolas Sarkozy, has doubled US president Barak Obama’s $10 billion deal signed with India during November.

FII in India Reach $38.76 billion

India is showing its economic strength as foreign investments have reached $38.76 billion for the year so far after a massive $4.78 billion was invested into the capital market in November.

Indian Manufacturing Rises for the 19th Month

The manufacturing sector in India expanded to 57.2 in October 2010 from 55.1 in November according to the latest HSBC Purchasing Manager’s Index (PMI).

India Finalizes Free Trade Pact with Japan

India has finalised a bilateral trade pact with Japan without having to fully commit on opening government purchases to foreign companies and without agreeing to tighter intellectual property rules. The agreement is to be signed during Prime Minister Manmohan Singh’s visit to Tokyo next month.