Cummins Inc.'s (CMI) fourth-quarter profit climbed a better-than-expected 34% as strong sales in India and other BRIC countries offset weaker demand in the engine-maker's North American market. The maker of truck engines and power generation systems continues to expect growth, with plans to add about 2,500 U.S. jobs this year...
India manufacturing rises again in October 2009
India's factory output rose 10.3 percent in October from a year earlier as government stimulus measures and domestic demand pushed Asia's third-largest economy into its 10th straight month of industrial expansion. The government also revised its number for September industrial output growth to 9.6 percent from 9.1 percent. The Expert...
India growth exceeds forecasts
The global slowdown that began last year affected exports from India for a while but the overall mood in the country continued to be upbeat. Quarterly growth also continued so facts and emotions were lined up. In Q3 2009, facts seem to have gotten ahead of emotions as India reported...