economy News

India slips to 83rd spot on leveraging ICT for growth: WEF

Finland was placed in the first place, followed by Singapore and Sweden in the second and third spots. Reuters

Among emerging market economies, China was placed on the 62nd position, Brazil (69th), Mexico (79th)...

Yes Bank evasive about 'talks' with L&T Finance for stake saleSacked Manchester United manager David Moyes thanks Alex Ferguson, stays mum on players
India, Pakistan must reinvest in economic ties: US think-tank
Atlantic Council in its report said India and Pakistan need to shift this trajectory of military spe...

Pharma exports slowest in 15 yrs, to miss target this fiscal

According to the Commerce Ministry data, in 2012-13, the country's pharma exports aggregated USD 14....

Indian met office rules out surplus monsoon in 2014

Weather office says monsoon will not be copious if El Nino pattern plays out.

Lok Sabha polls: Every 2nd child malnourished, but few parties promise solution

BJP, CPI, DMK, CPI(M) have incorporated a section for children in their manifestos for Lok Sabha pol...

Much to learn from India growth strategy: Jagdish Bhagwati, Arvind Panagariya

Bhagwati and Panagariya demonstrate how growth was the strategy deployed to reduce poverty.
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Experts expect El Nino, sub-normal to normal monsoon in South Asia
The consensus outlook for the summer monsoon season (June-September), developed in the fifth session...
Montek Singh Ahluwalia: US stimulus issue not to impact capital flows into India
India does not depend on short-term borrowing, PlanCom Dy Chairman Montek Singh Ahluwalia said.
Next Indian PM should not worry about few industrialists: Lord Swraj Paul
NRI-industrialist Lord Swraj Paul hopes that new Prime Minister will run a govt that thinks for poor...
Chidambaram to visit Dubai tomorrow to woo investments
P Chidambaram will be visiting Dubai to sell India's growth story to sovereign wealth funds.
Kashmiris wary as Narendra Modi challenges for power in India
Mohammad Amin Pandith, a smallholder and father-of-three from Indian-controlled Kashmir, was lured f...
Natural gas price hike puts P. Chidambaram in corner over Reliance Industries
Gurudas Dasgupta alleged a 'gigantic scam' was in the making in the Oil Ministry's proposal to hike ...
Hope you bought that PSU ETF? CLSA now Narendra Modi-positive on PSUs
CLSA sees the state-owned oil marketing companies benefiting from potentially lower oil subsidies.
FM pegs fuel subsidy for current fiscal at Rs 20,000 cr
Chidambaram today said cash payouts to oil firms this fiscal will be just Rs 20,000 crore.
Narendra Modi can use Article 254 to push state-level reforms: Arun Shourie
Whether it is changes in labour laws, or the restrictive Agricultural Produce Market Committee Act, ...
86% of Indian businesses want more tax guidance: Thornton report
Around 68% of businesses globally would welcome more global cooperation and guidance.
'If court wants, there will be CBI inquiry in Saradha scam, says Mamata Banerjee
With the Opposition demanding a CBI enquiry into the Saradha chit fund scam, Chief Minister Mamata B...
CAD to worsen in Q2 after improving in Jan-Mar quarterr: Nomura
India's current account deficit is expected to show some improvement in the January-March period.
Govt to exceed direct tax revenue goal by Rs 5,000 cr in FY14
As per the revised target, Govt proposed to collect Rs 6,41,835 crore during 2013-14.
FinMin agrees to pay pending oil subsidy bill of Rs 40K crore
Govt to retain the current system of trade parity pricing for OMCs.
Citing Narendra Modi's Gujarat debt burden, Digvijay Singh dismisses development discourse
Narendra Modi talks about Gujarat development model, whereas today it has a debt of Rs 1.42 lakh cr:...
India in depth: A costly flirtation with 'linkers'
India is set to join the small but growing club of nations whose governments issue inflation-indexed...
Lifting of Goa mining ban may help bridge India's CAD
SC order on mining in Goa is expected to help remove some more red ink from current account.
Economy turning around, growth to exceed 6% this fiscal: PM
Prime Minister said that the economic growth is expected to recover in 2013-14.
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