Tuesday, February 7, 2012

[Feb 7] GDP forecast revised to 6.9% against 8.4% last year

Goodreturns.in
Tuesday, February 7, 2012

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GDP forecast revised to 6.9% against 8.4% last year
Government estimates economy to grow by 6.9% in 2011-12 against 8.4% last financial year, the steep fall is due to slowdown in manufacturing, agriculture and mining sectors.
Spot gold rise to Rs 27,645 per 10 grams
Gold futures rose on Tuesday as speculators created fresh positions amid uncertain global trend and weaker dollar boosted the sentiment.
Four most common financial mistakes
'Oh! why am I seeing this terrible day? Am I born to face all these financial crunch? When would my life come on track? When would I be completely debt-free?' All these questions always run in our mind if we are not financially stable.
ICICI Pru MF unveils Two Fixed Maturity Plan
ICICI Prudential Mutual Fund has launched two new fund named as ICICI Prudential Fixed Maturity Plan-Series 61- 3 Year Plan F and ICICI Prudential Fixed Maturity Plan-Series 62-417 Days Plan D, close ended debt schemes
What is double dip recession?
Economist use the term recession to describe the contraction phase of business cycle, with two or more consecutive quarters of negative GDP growth. During recession majority of the macroeconomic indicators show a slowdown or
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