Indian economy is expected to show a marginal decline in GDP growth to 9.2 percent in the current fiscal from 9.4 percent in 2006-07 with services sector and industry maintaining the momentum, CII has said.
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U.S. O.6 percent economic growth in the first quarter of 2007 is the worst result got in over four year period. The anticipated showing was 1.3, twice more than the real one. Moreover, the economy lost its pace of 2.5 percent, which was the showing for the final quarter of the last year.
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The growth of Armenia's GDP in January-April of 2007 totaled 11,1%, as compared to the same period of 2006.
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India has joined the elite club of 12 countries with a trillion dollar economy, thanks to the continuing rally in rupee against the US dollar as the country's GDP crossed the trillion-dollar mark for the first time in history.
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The Armenian economy has expanded at a double-digit rate for a sixth consecutive year, Trade and Economic Development Minister of Armenia Karen Chshmaritian said on Tuesday.
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