1. Strong economic growth in India predicted for first quarter
   Despite the government’s rollback of various stimulus measures, many economists are forecasting the Indian economy to grow by between 8.9 per cent and 9.4 per cent for the first quarter of the new fiscal year;
   29th August, 2010 Read More

1. US Federal Reserve prepared to take further action
   The Chairman of the US Federal Reserve – Ben Bernanke – has reassured investors and policymakers that the central bank still has effective tools at its disposal to stimulate the US economy further, despite already having dropped interest rates to their lowest possible levels of 0-0.25 per cent while purchasing $1.7 trillion of US Treasury bonds and housing debt.
   28th August, 2010 Read More

1. Greece’s recession milder the earlier forecast
   According to Greece’s Finance Minister, George Papaconstantinou, Greece’s recession will be milder than initially expected; the economy is now expected to shrink by less than the earlier forecast of 4 per cent over the year.
   26th August, 2010 Read More

Statistics – as at 4 July 2010

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