India has “come of age” and the country is expected to achieve a double digit economic growth in the next couple of years, External Affairs Minister S M Krishna said in London on Saturday. “India has come of age. In the last few years our growth rate has been above 8 per cent,” said Krishna, […]
Washington : Carrying the momentum of unprecedentedcooperation and providing the perfect setting for deliberation onstrategies and activities for Indo-U.S. collaboration towards energysecurity ahead of the much awaited visit of President Barack Obama to India in November, The Energy and Resources Institute (TERI) North Americaorganized the second annual U.S.-India Energy Partnership Summit. Thesummit themed “Technologies and […]
The International Monetary Fund head Dominique Strauss-Kahn has said the Indian economy is recovering well and New Delhi would get higher quota in the IMF board, review of which is currently underway, reflecting its enhanced economic standing. “Indian quota in the IMF board should be higher. I think that the solution that would be chosen […]
Bangalore, Karnataka, India– “India’s forthcoming wave of slick contemporary architecture, beyond office buildings, symbolizes the Asian nation’s rocketing economy, which first began to open up 15 years ago. Via a series of superlative skyscrapers, shopping centres and residences that are the tallest, the largest, the greenest, or the first of their kind, the country is […]
Finance Minister Pranab Mukherjee will launch the Swavalamban Scheme of Life Insurance Corporation (LIC) on Sunday, which seeks to provide pension scheme to the unorganised sector, at Murshidabad in West Bengal. The scheme is applicable to all the citizens under the unorganised sector, who join the new pension scheme (NPS) subject to their meeting the […]
In a clear signal that its growing economy has high stakes for the American business, from nuclear to space sciences, India has asked the US to refrain from “irritants” like protectionist campaign against offshore outsourcing. “These are avoidable irritants, like what the Ohio outsourcing ban has been and hopefully that will not happen,” Indian Commerce […]
Finance Minister Pranab Mukherjee on Thursday exuded confidence that the Indian economy will post better growth than 8.75 per cent this fiscal, as projected by the economic survey. “I am optimistic that at the end of this year we will be able to surpass our GDP growth forcast of 8.5-8.75 per cent given in the […]
New York, United States — Most global investors expect China to become the world’s biggest economy over the next two decades, and they are divided over whether that will help or hurt the economies of other industrialized countries. There’s also a strong consensus that China won’t move very aggressively to increase the value of its […]
A report has concluded that the US recession lasted 18 months and was the most prolonged since World War II. The National Bureau of Economic Research said the recovery began in June 2009 while the recession began in 2007. The report said the previous longest postwar recessions in 1973-75 and 1981-82 both lasted 16 months. […]
State-run Oil and Natural Gas Corporation’s (ONGC) market valuation on Tuesday topped the Rs three lakh-crore mark, a feat achieved only by industry heavy weight Reliance Industries before. In line with the broader market, shares of ONGC on Tuesday surged nearly one percent to touch an intra-day high of Rs 1,415 thus, fuelling the market […]
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