Forecast

  • 70 per cent employers to expand; mid-level talent in demand: Survey September 14, 2014

    Mumbai: The country is likely to see high growth in the job market as 70 per cent employers plan to expand their team, a recent survey said. "India's business market is currently primed for expansion, with the recruitment market being driven by significant industry sectors such as FMCG, retail, healthcare,...
  • Modern weather forcasting centre to come up in Jammu September 8, 2014

    New Delhi: With assembly elections not far away in Jammu and Kashmir hit by flood, the Centre on Monday announced the setting up of two biotechnology parks and a most modern weather forecasting system in Jammu and Kashmir. Science and Technology Minister Jitendra Singh said the...
  • Met predicts monsoon rains, thunderstorm in parts of eastern UP July 17, 2014

    Light to moderate rains and thundershowers occurred at isolated places over east Uttar Pradesh in the last 24 hours. According to the MeT department, Gorotha and Lalitpur recorded 7 cms of rainfall each while Muzaffarnagar and Mirzapur received 3 cms of rains. Rajghat, Kunda, Robertganj, Fatehpur, Bindki, Bara, Dudhi, Dalmau, Churk, Allahabad...
  • Meteorological Department to tone up weather forecast system in Uttarakhand May 8, 2014

    For better preparedness to deal with natural calamities in future, the IMD is gearing up to install a wide range of facilities in the hill state to strengthen its weather forecasting system. The Indian Meteorological Department is preparing to install three doplar radars, 75 rain gauge metres, five micro rain radars,...
  • China government think tank cuts GDP forecast: Report April 30, 2014

    Shanghai: The Chinese Academy of Social Sciences (CASS), one of Beijing's top government think tanks, has revised its 2014 GDP growth forecast down to 7.4 per cent, below the official 7.5 per cent target, and says that growth could slow to as low as 7 per cent, state media reported...
  • RBI keeps key rates unchanged: India Inc expresses disappointment July 30, 2013

    New Delhi: Expressing disappointment over the RBI's move for not cutting the key policy rates, India Inc on Tuesday asked the government to take immediate actions to revive growth and boost investments. "We are disappointed. The RBI has also cut down the GDP forecast for FY'14 to 5.5 per cent,...
  • RBI hints at status quo, will focus on stabilising rupee July 29, 2013

    Mumbai: Hinting at status quo on policy rates, the RBI on Monday said its immediate focus is to stabilise rupee and made a case for calibrated action to contain the current account deficit, which is a major reason for the steep fall in currency. "The priority for monetary policy now is...
  • Watch: Weather forecast for Friday June 28, 2013

    Take a look at the weather forecast for Friday with CNNIBN's Amrita Tripathi. ...
  • Uttar Pradesh reels under intense heat wave May 28, 2013

    Lucknow: Uttar Pradesh is reeling under intense heat wave with the scorching sun ensuring that the hapless people have no relief. The heat wave in continuing in several parts of the state including capital Lucknow. The maximum temperature is many parts of the state is above the 46 degree Celsius mark....
  • RBI Governor overrules panel view on rate action in May May 24, 2013

    Mumbai: Reserve Bank of India (RBI) Governor Duvvuri Subbarao went against the suggestion of a majority of external members of the central bank's monetary policy committee that recommended no change in the policy repo rate at a May 3 policy meeting, according to minutes of the meeting seen by Reuters. The...
  • For droughthit states, ontrack monsoon may be too late April 24, 2013

    Jamwadi: India may be heading for another bumper grain harvest, if the first forecast for this year's monsoon proves correct, but the rain may be too little and too late for southern and western states already parched by the worst drought in four decades. Although 2012 monsoon rains were,...
  • Cold wave sweeps Uttar Pradesh, 114 deaths reported January 8, 2013

    Lucknow: The biting cold wave sweeping through Uttar Pradesh has claimed the life of more than people in the last 24 hours. The minimum temperature dropped below zero degree in Lucknow and was recorded at 0.2 degree Celsius at 8.30 am on Tuesday. On Monday the minimum temperature in Lucknow was...
  • IMF cuts India growth forecast to 6 pc for 2013 October 5, 2012

    Berlin: The International Monetary Fund (IMF) will lower its forecasts for global economic growth to 3.3 per cent this year and 3.6 per cent in 2013 from earlier forecasts of 3.4 per cent and 3.9 per cent respectively, a Germany newspaper reported on Friday. The IMF expects the euro zone economy...
  • Fitch's growth revision proves government inaction: BJP September 28, 2012

    BJP spokesperson Nirmala Sitharam on Friday said that the downward revision of growth forecast by Fitch is a reflection of the government's inaction. Fitch Ratings on Friday cut its 2012 growth forecasts for India to 6 per cent from 6.5 per cent on deteriorating global growth outlook with diminished willingness or...
  • Fitch cuts India growth forecast to 6 per cent September 28, 2012

    New Delhi: Fitch Ratings has cut its 2012 growth forecasts for India to 6 percent from 6.5 per cent on deteriorating global growth outlook with diminished willingness or capacity to respond with domestic policy loosening, compared with 2009. India's economic outlook remains challenging. Investment rose just 0.7 per cent YoY in...
  • Moody's cuts India's growth forecast to 5.5 pc August 9, 2012

    New Delhi: Indian economy is expected to grow at 5.5 per cent this year as "turbulent" global conditions, domestic policy "mis-steps" and poor monsoon are weighing on investor confidence and demand, Moody's Analytics has said. India's GDP growth rate is likely to be 5.5 per cent this year, while in 2013...
  • Partial drought likely this year, says IMD August 3, 2012

    New Delhi: The India Meteorological Department (IMD) on Friday said the rainfall in the country as a whole from August to October will be below normal. Addressing a press conference, IMD Director General Laxman Singh Rathore said the seasonal rainfall in second half of the monsoon season will be deficient. Talking...
  • IMF cuts global growth forecast including India's July 16, 2012

    Washington: The International Monetary Fund (IMF) has lowered India's growth forecast by 0.7 percentage points to 6.1 per cent for 2012, the steepest cut for any nation, in view of the deteriorating global economic situation. The IMF, in its update of the World Economic Outlook, has also cut India's growth projection...
  • Infosys sees fiscal 2013 sales growing 5 pc July 12, 2012

    Infosys Ltd, India's no. 2 IT services exporter, said it expects sales in the fiscal year ending March 2013 to grow by 5 per cent to $7.34 billion, below its estimate in April of 8-10 per cent growth. The company earlier matched expectations with a 33 per cent rise in its...
  • Little Q1 growth seen for TCS, Infosys July 12, 2012

    Bangalore: Uncertainty about spending by US and European clients in a weak global economy will likely weigh on the earnings of Indian outsourcers, dampening hopes that demand will pick up in the second half of the year. India's $100 billion-a-year information technology and back-office outsourcing industry earns about three-quarters of its...
  • Infosys likely to pare revenue growth forecast July 9, 2012

    Bangalore: Uncertainty about spending by US and European clients in a weak global economy will likely weigh on the earnings of Indian outsourcers, dampening hopes that demand will pick up in the second half of the year. India's $100 billion-a-year information technology and back-office outsourcing industry earns about three-quarters of its...
  • China: Bikini-clad TV presenters told to cover up June 14, 2012

    Beijing: Two models, hosting a late-night weather forecast programme on a Chinese television show, have been forced to cover themselves up after they drew sharp reactions from viewers for being bikini-clad. The Guangdong TV was trying to promote its bikini contest to be held after the ongoing Euro 2012 football championship,...
  • We are working without a leader in India: Premji June 13, 2012

    New Delhi: After the World Bank cut India's growth forecast to 6.9 per cent in 2012-2013, India Inc leaders have expressed concern over the political situation in the country. Wipro Chairman Azim Premji said, 'We are working without a leader as a country. If we do not change, we would be...
  • Monsoon rains 36 pc below average in first week June 7, 2012

    New Delhi: Monsoon rains were 36 per cent below average in the week to June 6, the weather office said on Thursday, reflecting the delay in the arrival of the seasonal rains over Kerala from the usual June 1 start date. The four-month long rainy season is in the initial stages...
  • Indian economy is a resilient one: Pranab May 26, 2012

    Manipal: Amid persisting global uncertainties, Finance Minister Pranab Mukerjee on Saturday said that India's domestic demand, high savings rate and regulatory mechanisms make it a resilient economy. He, however, emphasised upon the need for increased coordination among countries to realise collective gains in the face of global economic woes. Mukherjee further said...
  • Morgan Stanley cuts India growth forecasts May 21, 2012

    Morgan Stanley has cut India's 2012 economic growth forecast to 6.3 per cent from prior 6.9 per cent; 2013 forecast to 6.8 per cent from 7.5 per cent. On a financial year basis, Morgan Stanley expects FY13 growth at 6.3 per cent and FY14 growth at 6.9 per cent. "Bad" growth mix...
  • RBI likely to ease monetary policy: Subbarao January 2, 2012

    Mumbai: The Reserve Bank of India is likely to begin easing monetary policy to address concerns about economic growth, Governor Duvvuri Subbarao said in a BBC interview, reiterating comments made by the RBI when it kept rates unchanged on December 16. "From here on, we could expect reversal of monetary tightening....
  • IMF trims growth forecasts for India, China September 21, 2011

    Washington: The International Monetary Fund on Tuesday said it was trimming its forecasts of economic growth for Indian, China and other Asian developing economies due partly to slower growth in the rest of the world. Asian "growth remains strong, although it is moderating with emerging capacity constraints and weaker external demand,"...
  • Morgan Stanley cuts global growth view, eyes ECB August 18, 2011

    London/Bangalore: The United States and euro zone are "dangerously close to recession," Morgan Stanley said on Thursday, criticising policymakers and predicting the European Central Bank will have to reverse its rates policy. The Morgan Stanley research note, which cut global growth forecasts, was cited by stocks traders as adding to market...
  • Monsoon in 2011 to be normal: Met department April 19, 2011

    New Delhi: The country will get a normal monsoon this year, according to first official monsoon forecast for this year. Forecast on the onset dates will be out next month. The Met department said that the monsoons this year will be on time, and normal, a news that will have India...