The new figures follow a recent report by the Fraser of Allander Institute which predicted a slowdown in economic growth as a result of the manufacturing slump in Scotland.
" It was a more bullish statement than the one the Fed issued after its December meeting, when it spoke of a slowdown in economic growth caused in part by "a substantial cooling of the housing market.
Chidambaram met some of those demands, setting out fiscal targets that pleased investors, but still left doubts whether the targets could be achieved against the backdrop of a sharp slowdown in economic growth.
In a country of 1.2 billion people, a country where years of staggering economic growth annually create tens of thousands of new millionaires and a recent slowdown has done little damage to a thriving luxury goods market, far less than one ten-thousandth of the population admits they are in the top tax bracket.
Firstly, many economists had been warning for some time of a possible slowdown in global economic growth, albeit one introduced in a less spectacular fashion.
The ice is what he called the risk of a serious slowdown in global economic growth, the fire is the fact that inflation may be back.
It is popular with some Indians for a massive social welfare program, but has faced criticism for a series of alleged corruption allegations and failing to stop a rapid slowdown in economic growth.
Standard Chartered said it sees a rosier economic outlook in many of its Asian markets this year, after a global economic slowdown put the brakes on profit growth last year.
" Ronovech goes on to explain that, despite the semiconductor industry being out of favor due to concerns about the global economic slowdown, he expects that "even a modest continuation of global economic recovery should drive growth in demand for semiconductor test equipment in 2011.
The issue is whether this is part of a broad economic slowdown that might push GDP growth below 2% and cause rate cuts.
Leading shares in Europe made a modest recovery after several days of falls, as hopes that easier access to credit would help stave a slowdown in economic growth, but closed slightly lower.
Disappointingly, inventories grew by 0.1%, which dashes hopes that the slowdown in economic growth was only a temporary consequence of destocking by businesses.
The battle may be more intense than usual this year, with high gas prices and a general economic slowdown pointing to a deceleration from the rate of spending growth in 2005.
The Vodafone case comes as the government of Prime Minister Manmohan Singh is trying to reverse a worrying slowdown in economic growth by boosting both domestic and foreign investment.
Much of the weakness in the rupee last year was due to a slowdown in economic growth coupled with inflation that put policy-makers in a tough situation, he said.
FORBES: FOCUS: Indian Rupee Recovering So Far In 2013; Gold Market Keeping Tabs
Leading shares in Europe also recovered from several days of falls as hopes that easier access to credit would help stave a slowdown in economic growth.
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