THE HINDU BUSINESS LINE
Financial Daily
from THE HINDU group of publications

Friday, October 12, 2001

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Macro Economy

Economy
UN paints grim picture of world economy
EVEN as the Indian authorities are perturbed over the perceptible decline in the country's exports in the current fiscal, the United Nations (UN) has forecast that the volume of international trade is expected to register ``virtually no growth'' this yea r but is likely to increase by 4 to 5 per cent in 2002.

CMIE scales down growth rate to 6 pc
THE Centre for Monitoring Indian Economy (CMIE) has scaled down its projection on real GDP growth in 2001-02 to six per cent from its July forcast of 6.3 per cent.


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