The Indian economy will rise this year

India has projected its economy to rise 7 to 7.5 percent this year and reclaim its position as the world's fastest-growing major economy and underestimate the impact of currency bans and tax reforms.

However, the government has warned that rising international oil prices had a negative impact on a country that relied heavily on energy imports.

"The economy is growing quite rapidly," said the country's chief economic adviser, Arvind Subramanian while delivering the country's annual economic survey.

Activity indicators show growth in manufacturing, investment, export and credit, all starting to rise. The direction is very good. "

Projections for Asia's third largest economy are in line with recent estimates by the World Bank and International Monetary Fund. The rise of growth is good news for India.

Last year its growth slowed to a low level for three years in a row. Whereas India once boasted to defeat China as the fastest growing economy in the world by 2015.

The slowing of the Indian economy is different from many countries where growth is increasing. Suspected cause is two major policy reforms that appear only six months later

Businesses were disrupted for several months last year while the government attempted to replace cash following a currency ban that sucked 86 percent of cash. Long-delayed tax reforms, Goods and Services Tax (GST) runs in July, but its application is poorly maturing, causing chaos for the business sector

"The temporary impact of demonization and GST has gone. Improvement measures have been taken, "Subramanian said of his optimism about the new growth projections.

The government says both efforts have helped boost the number of people paying taxes. Restoring important growth momentum for India that calls the country an attractive destination for international investors.

Indian Prime Minister Narendra Modi last week seduced investors at the World Economic Forum in Davos. He says that protectionism is getting stronger and globalization is losing its appeal, but India is open to business.

The rise of the economy is also good news for the modi-led Hindu nationalist government preparing for next year's elections.

economists say the government is expected to focus on rural development programs and SMEs in future budgets that will be described on Thursday as the government looks for ways to create jobs for a large young population.

"The world is very optimistic about India. The 2018 budget will add freshness to India's development and fulfill people's aspirations, "Prime Minister said via Twitter when the parliament opened on Tuesday.

The survey also confirms the challenges facing the large Indian villagers. The survey said unlicensed farms were badly affected by climate change, extreme temperatures and less rain. Alleviating the suffering of farmers is a big challenge for the government. [vm/ii]

Trump will Emphasize the Strong Economy in SOTU Speech

Trump will deliver a speech to a joint Congressional assembly last year, but it is not considered a State of the Union speech because he has been in office for a few weeks.

"Tonight I want to convey a unifying and reinforcing message, delivered from the bottom of the heart, "said Trump.

This year, the president is expected to emphasize a strong US economy. But so far the rising economy has not helped boost the level of public approval for Trump. The Democrats complained he was unclear about his priorities. Democratic Senate Chancellor Chuck Schumer said, "Republican leaders will not go their own way, they are afraid of President Trump They want to know what he will do but he does not tell them to do anything."

Speech is an opportunity for the president to rally public support, said Morton Blackwell, a republic of the Leadership Institute

"" I am sure the situation will reverse, as opposed to Republican versus Democratic polls, and I think the president's popularity will rise, "he added.

, facing a sharply divided state, said Jim Kessler, a Democrat.

The Russian-related investigation will overshadow the speech, including some reports that the president ordered the dismissal of special investigator Robert Mueller last year, and withdrew the order when his White House adviser threatened

The inquiry is expected to be an issue in the election of the congressman union, analyst John Hudak of the Brookings Institution said.

'The investigation by Mueller overshadowed this government continuously, and it will also be a factor influencing voters' judgment of the Republicans,' he said.

economics, trade and immigration, Trump is also expected to address foreign policy challenges including North Korea, Iran and Afghanistan. [nm/al]

Trump Praise US Economy

US President Donald Trump praised US economic growth on Sunday, calling it "better than in recent decades." Economic growth is expected to be the theme of the State of the Union state speech next Tuesday.

– business returns to the US than ever before, "Trump said via Twitter. "Unemployment is almost at its lowest level. We're on the right track! "

He said," Chrysler, for example, left Mexico and will return to the US, "he exaggerated Chrysler's expansion plan Fiat Chrysler, the world's eighth largest automaker, said it will invest one billion the dollar to assemble Ram pickup trucks in the state of Michigan, shifting production from Mexico, but not reducing manufacturing employment in Mexico.

The US unemployment rate has stabilized at a 4.1 percent rate in the past three months, the 17th lowest in the US economy, the world's largest, rose 2.3 percent last year, the first year Trump took office, up from 1.5 percent in 2016.

However, the US economy slowed in the last three months of 2017, up only 2.6 percent, down from 3.2 percent in the period July to September.

While praising the US economic performance, Trump also attacked Jay-Z, after the rap star criticized Trump Saturday for criticizing Haitians and Africa recently. Trump is known to want to prevent immigrants from those countries to the US

"Please tell Jay-Z that due to my policies, the black unemployment rate is reported to reach the lowest level of all time!" says Trump. The black unemployment rate in the United States fell to 6.8 percent, still more than the white population of 3.7 percent.

Jay-Z told CNN that the black economic increase was not worth the Trump attack against the majority leather states black.

"Everyone feels angry, but after anger, there's pain because he's underestimated a population of people and he does not know, those places have good people," Jay-Z added, "On ultimately this is not about money Money can not buy happiness Treat people like humans, "he said. [nm/al]

China's Economy Reports First Annual Increment Since 2010

China's economy jumped in 2017, posting a 6.9 percent increase from a year earlier, its first annual rise in seven years.

The figures announced Thursday by the National Bureau of Statistics topped the 6.7 percent recorded in 2016, which marked the weakest annual growth in 26 years. The rate was also well above the 6.5 percent target set by government policy makers.

The bureau said the unexpected rise was mainly triggered by strong exports, which rose 10.8 percent from a year earlier, and boosted consumer spending , with retail sales growing 10.2 percent.

These figures encouraged the government's decision to shift away from wasteful and polluting industries, which has so far spurred rapidly on the rise, making China the second largest economy in the world. [lt]

Voters Worry With Trump, Optimistic With The Economy

A new poll from Quinnipiac University shows 53 percent of American voters think President Donald Trump is smart, but 57 percent say he is not suitable for president.

Quinnipiac released the results of this poll on Wednesday (10/1) after conducted a survey of 1,106 voters across America. The poll was conducted on 5 to 9 January by interview. The organizer calls the respondent on a regular phone and mobile phone in an attempt to obtain a sample that actually represents the population.

When asked to rate the first year of Trump's performance, 43 percent gave him A, B or C. While 56 percent gave him a D or F. As much as 39 percent gave him F.

Contrary to the president's claim that he was a "very good genius," 69 percent of respondents thought Trump was not a coolhead, while 28 percent disagreed. As many as 57 percent of respondents said Trump did not have the same value as them, but 59 percent said the president was a strong opinion. While 39 percent of respondents disagreed.

Concerning the country's economy, 66 percent of respondents said the economy was excellent or good, up from 63 percent last month. A total of 66 per cent are the highest positive ratings for the economy since Quinnipiac University started polling in 2001.

About 33 per cent say the economy is not so good or bad. 37 per cent of respondents say Trump's policy helps the state economy, while 29 per cent say Trump is harming economic, and 30 percent of Trump government policies have no impact. [ps/jm]