Category «Numbers»

Q4 2012: Minor growth as Telco remains the leading sector : Results of the GfK TEMAX® Western Europe for the fourth quarter of 2012

Nuremberg, February 28, 2013 – The overall Technical Consumer Goods (TCG) market in Western Europe achieved a sales volume of €56.3 billion in Q4 2012. This corresponds to an increase of 1 percent compared to the previous year. According to GfK TEMAX® Western Europe, with sales of €190.7 billion in 2012, the total year showed …

Estimates of Gross Domestic Product for the Third Quarter (October-December) of 2012-13

The Central Statistics Office (CSO), Ministry of Statistics and Programme Implementation has released the estimates of Gross Domestic Product (GDP) for the third quarter (October-December) Q3 of 2012-13, both at constant (2004-05) and current prices, alongwith the corresponding quarterly estimates of Expenditure components of the GDP. The details of the estimates are presented below.   I           ESTIMATES OF …

Budget Summary

The Union Budget for 2013-14 aims at ‘higher growth leading to inclusive and sustainable development.’ With this asmool mantra, the Finance Minister Shri P Chidambaram has sought to increase allocation to key areas and provide incentives for investments and savings while containing the fiscal deficit to 4.8% of GDP. Presenting the Union Budget in Parliament …

Highlights of the Budget

The Union Budget for 2013-14 aims at higher growth rate leading to inclusive and sustainable development as ‘mool mantra’. ·        Finance Minister makes three promises: to women, youth and the poor. ·        Nirbhaya Fund to empower women and to keep them safe and secure. ·        Proposal to set up India’s first Women’s Bank as a public sector bank. …

India’s Social Safety Nets Successfully Weather Global Economic and Financial Crisis; Social Sector Spending on Continuous Increase; Direct Benefit Transfer Scheme Successfully Implemented in States of Jharkhand, Tripura and Maharashtra

India with its focus on inclusive development and timely interventions has been able to ward off the ills of global economic and financial crisis better than many other countries. The global recession and the slow down have squeezed the fiscal space for most countries. However, India’s social sector spending has seen a continuous increase. According …

SUMMARY OF ECONOMIC SURVEY More than 6 Per Cent Growth Forecast for Next Fiscal Considerable Enhancement for Social Sector Spending India on Verge of Creating Quality Jobs to Seize ‘Demographic Dividend’

Indian economy is likely to grow between 6.1% to 6.7%  in 2013-14 as the downturn is more or less over and the economy is looking up. Following the slowdown induced by the global financial crisis in 2008-09, the Indian economy responded strongly to fiscal and monetary stimulus and achieved a growth rate of 8.6 per cent and …

Smartphones bring fresh boost – GfK findings for 2012 as a whole for the Mobile World Congress

Nuremberg, 25 February 2013 – Global demand for mobile phones increased significantly in 2012. Last year, a greater number of smartphones than standard mobile phones were sold in the Christmas trading period for the first time. This positive trend is attributable to smartphone prices being increasingly attractive. A range of new premium features are also …