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Friday, October 30, 2009

Expect to return to 9% growth in 2 yrs - Mukherjee

Growth in India was likely to pick up from the October-December quarter of FY10 and the country can return to 9 percent growth in the next two years, Finance Minister Pranab Mukherjee said at a summit on Friday.

Economic recovery was there but it was halting and slow, Mukherjee said.
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Economic Event Calendar

GMT+5:30 Event Vol. Actual Consensus Previous
Tuesday, Apr 08
04:40 Fed's Goolsbee speech 2
06:00 Westpac Consumer Confidence 2 -6% 4%
07:00 National Australia Bank's Business Conditions 1 4 3 Revised from 4
07:00 National Australia Bank's Business Confidence 1 -3 -2 Revised from -1
15:30 NFIB Business Optimism Index 1 97.4 101.3 100.7
18:25 Redbook Index (YoY) 1 4.8%
19:30 Ivey Purchasing Managers Index 2 53.6
19:30 Ivey Purchasing Managers Index s.a 2 53.2 55.3
21:30 BoE's Lombardelli speech 2
22:30 3-Year Note Auction 1 3.908%
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