Group items tagged

The Indian economy will grow at 8.5 percent during the next fiscal, even as the government will do everything possible to ensure a mid-term target of 10 percent annual expansion, Prime Minister Manmohan Singh said on Tuesday in New Delhi.

http://www.indianescortindubaicity.com/2014/03/kamni-vip-indian-escorts-in-dubai.html Indian Escorts In Dubai http://www.indianescortindubaicity.com/2014/03/kalpana-indian-pakistani-escort-service.html Indian Pakistani Escort Service In Dubai http://www.indianescortindubaicity.com/2014/03/juhi-call-girls-in-uae-971552244915.html Call Girls In Uae http://www.indianescortindubaicity.com/2014/03/jiya-call-girls-in-dubai-971552244915.html Call Girls In Dubai http://www.indianescortindubaicity.com/2014/03/jannat-sexy-models-escort-in-dubai_12.html Sexy Models Escort In Dubai http://www.indianescortindubaicity.com/2014/03/hira-arab-call-girls-in-dubai.html Arab Call Girls In Dubai

For genuine and Serious inquiry of any form of banking instrument (BG/SBLC/MTN/DLC/LC).Please Contact : Mr. Mahendra Jain,Email :Draj.bgbroker@gmail.com Skype ID: Jaindra.bglease

India's industrial production will register double-digit growth in the 2010-11 financial year, according to the government.

Currently, the global stainless steel industry is going through difficult times, as prices of raw materials are increasing on one hand, and at the same time demand has been on a declining trend. Profitability of both manufacturers and traders of pipes and plate products have reduced significantly compared to the past two years. I have been speaking to many traders of pipes, plates and fittings about their business conditions and the most common answer I get is "Current business is even worse than what we experienced in the recession of 2008". It is not just the case with European or US manufacturers of stainless steel products, the effects of declining demand is being even faced by Chinese and Asian manufacturers. Nickel and ferro chrome prices are the driving factor for determining prices of stainless steel products. While, Nickel prices on the London Metal Exchange have been very volatile, ferro chrome prices have been recently increased by 12.5% by miners across economies. On account of an increase in ferro chrome prices, some manufacturers have already announced an increase in prices, while others are planning to increase the prices. Stockholders and buyers of products such as stainless steel sheets, plates, pipes, bars, fittings and flanges have been become highly risk averse and cautious while placing purchase orders with mills, especially in case of Asian stock holders who import these products from Chinese or Indian mills. The global speculation activity in metals has had a major impact on the buying patterns of consumers in Asian economies. Going forward, we expect the market to remain lack luster, with buyers staying on the back seat and purchasing in smaller quantities, to avoid major losses due to fluctuations in prices of Nickel and other raw materials. Although prices in the Indian market have remained stable, but selling big quantities of stainless steel plates, pipes and fittings has become difficult because of the risk averse attitude of traders

Concerns of a slowdown in the Chinese economy led to a selloff in major base metals including copper, aluminium and nickel. Even precious metals such as gold and silver were not spared. The key question is who to trust at times when gold is also on a freefall. This week global financial markets started with another round of selling, as investors turned risk averse following disappointing Chinese economic data. The Chinese Economy grew 7.7% during the first quarter of 2013, compared to the same period last year, missing economists' expectations of 8% growth. Growth also slowed compared to the last quarter of 2012, when it stood at 7.9%, raising expectations of a slowdown in the Chinese economy, which is a bearish signal for the global financial markets, especially base metals. Growth in Chinese industrial production also disappointed, with a reading of year on year growth of 8.9% in March compared to a 9.9% growth recorded in the previous month. Markets were expecting a growth of 10.0 year on year. Traders had expected China to post better results, as consumer spending had improved and Chinese government had also infused liquidity in the domestic financial system to aid growth. We expect the Chinese government to avoid a monetary tightening policy to aid growth in the coming months. Nickel prices were trading at around USD 15,500 / metric ton down around USD350 compared to the closing on Friday. The fall in nickel prices and weak Chinese economic data has come as a surprise to many stainless steel users and stockholders in emerging economies, as they had made material bookings for stainless steel seamless pipes, Stainless Steel Pipe Fittings and stainless steel strips in the last week,. They had anticipated Nickel prices of USD16000 / metric ton as bottom pric

Finance Minister Pranab Mukherjee has called for imparting a fresh momentum to the impressive economic recovery witnessed in the past few months and take the country on the path of double-digit growth.

Prime Minister Manmohan Singh on Thursday said that the economy can get back to 9 percent growth path soon, adding that the country's highly entrepreneurial private sector and rich human resources can play a crucial role to boost the recovery process.

The double digit growth clocked by the country's manufacturing sector in 2009-10 - a year marked by unprecedented financial turmoil and demand slump in all major economies across the globe was hailed by the Indian industry.

Finance Minister Pranab Mukherjee on Wednesday said India had recovered from the global financial meltdown and the economy was in far better shape than it was a year ago to clock high growth.

Recovering rapidly from the global financial crisis, India is poised to grow at 8 percent this year, but inflation and excessive capital flows could pose a challenge, a gathering of world finance ministers was told on Saturday.

Aviation as the word suggests is the blueprint, manufacturing and improving procedures for an aircraft and its use. Aviation sector in India experienced liberalization in its late nineties when private airlines like spice jet, jet airways, Kingfisher, Indigo, go air etc. contributed 75 percent to the Indian market. The cause for the growth of the aviation sector relies on the flourishing tourism industry, more outbound tours, financial progress, and lesser airfares because of the introduction of low cost carriers and improved buying power of the people.

Foreign Institutional Investors (FIIs) continue to be overweight on country's markets on the hope of recovery in the second half of the current financial year and also on the long-term outlook of growth, according to a report of UBS.

Opining that it is the right time for the government to take the right kind of measures that will help textile industry to witness a 5 per cent positive growth in exports in the current financial year as compared to the corresponding year, said the Confederation of Indian Textile Industries (CITI) General Secretary D K Nair.

The jewellery auction market that slumped under the impact of financial meltdown has registered an increase of 35 percent over last year's sale.

Information and Broadcasting Minister Ambika Soni Monday said the United Progressive Alliance government has done well during the times of financial meltdown and drought, and the country is expecting good economic growth.