Archive for EconomyEconomy

Indian Economy Grows by 8.8%

Subscribe to Hexxcom’s RSS feed to get the latest Updates. Thanks for visiting!The Indian Economy grew by 8.8% for the second quarter of the year ending in June. Growth was spurred by the manufacturing sector and could have been larger, but for the financial service sector. Other sectors such as agriculture also grew at 2.9%, [...]

India Steps up trade talks with EU, Japan and Malaysia

According to the Indian Commerce and Industry Minister Anand Sharma, India is making positive efforts to conclude bilateral trade agreements with the European Union, Japan and Malaysia as soon as possible. The minister said he will meet with key representatives from EU and Asean (Association of South-East Asian Nations) countries on August 26th and 27th [...]

India-Gulf trade to Exceed $130bn.

Trade between India and the six- member Gulf Co-operation Council (GCC) is expected to pass $130 billion by 2013-14, according to industry lobby Associated Chambers of Commerce and Industry of India (Assocham).

India To Be Fastest Growing Economy

A new report by Morgan Stanley has shown India will become the world’s fastest growing economy by 2015. The report shows India is set to build upon its current growth rates to a projected 9-9.5% during the 2013-2015 periods. These growth rates will be higher than those in China which are estimated to be at [...]

India May Allow Foreign Access to Equity Markets

A panel set up by the Indian government has recommended to the Indian finance ministry that the country should make it easier for foreigners to purchase shares on Indian exchanges by opening up India’s equity markets to foreign retail investors.