Beijing: China posted an economic growth of 7.4 per cent last year, missing the official target and slumping to a 24-year low, official data showed today amid concerns over continued slowdown of the world's second-largest
Washington: In the aftermath of the economic crisis, there has been slow growth in global trade, the World Bank has said.In the year 2012 and 2013, the global trade expanded by less than 3.5 per
Mumbai: The country's Gross Domestic Product (GDP) is likely to grow at a rate of 6.4 per cent on the back of pick-up in investment cycle in 2015, says a report."With the new government at
New Delhi: Finance Minister Arun Jaitley today said revenue department must recover the legitimate dues but there is no point in focusing on unfairly imposed taxes as they only bring “bad name”.“...the taxes which are
Agartala: Tripura Chief Minister Manik Sarkar differed with the Centre's idea of converting the Planning Commission to a mere think tank and has proposed for making it autonomous, more powerful and committed to the people."Its
Mumbai: The rupee lost 22 paise to trade at a fresh nine-month low of 62.25 against the US dollar in early trade today at the Interbank Foreign Exchange due to rise in the greenback's value
New Delhi: Indian economy grew at a better- than-expected rate of 5.3 per cent in July-September quarter on account of improved performance of mining, power and certain services sectors.The Gross Domestic Growth (GDP) in the
New Delhi: The Indian economy logged 5.3 per cent growth in the second quarter of this fiscal, against 5.7 per cent in the first quarter, making ground for the central bank to ease interest rates
New Delhi: The Organisation for Economic Co-operation and Development (OECD), revising its forecast downwards, on Thursday projected a 5.4 per cent growth for the domestic economy in 2014 as global recovery continues at a moderate
Washington: Former US Secretary of State Hillary Clinton has praised Prime Minister Narendra Modi for his focus on sanitation and cleanliness and called for more women participation for the world economy to recover quickly."I recently
Mumbai: Former Finance Minister P Chidambaram today asserted it is the result of efforts of the earlier UPA government that the economy is now showing signs of recovery.“When the first quarter GDP results came out,
New Delhi: The Indian economy will grow at a rate of 5.6 percent in 2014, the United Nations Conference on Trade and Development (UNCTAD) Thursday said in its annual report.The UNCTAD Trade and Development Report
New Delhi: Former Finance Minister P Chidambaram today said the high growth that Indian economy has logged in the first quarter of the current fiscal was on account of the UPA policies and the new
New Delhi: Household financial savings rates continued to remain low, inching up a paltry 10 basis points to 7.2% of GDP in 2013-14 amid sticky inflation.Savings in deposits by the households rose, however, to Rs
Mumbai: Union Minister Nitin Gadkari today expressed confidence that in the next couple of years, India's GDP growth will be 8.5 per cent thanks to the “pro-development policies” adopted by the BJP-led NDA government at
New Delhi: Government will rationalise subsidies to ensure that only those entitled are benefited and the subsidy bill will be one of the major tasks before the Expenditure Management Commission it intends to set up
New Delhi: The Lok Sabha Wednesday passed the budget for the national capital by a voice vote.The task, normally carried out in the Delhi assembly, had to be taken up by the parliament as the
New Delhi: The fiscal deficit in 2013-14 stood at 4.5 per cent of GDP, lower than 4.6 per cent projected in the revised estimate, mainly on account of curbs on government expenditure.The fiscal deficit, the
Mumbai: Domestic ratings agency Icra today said GDP growth in 2014-15 may touch 5.5 per cent as pick up in manufacturing and investment is expected in the second half of the current fiscal.“Indian GDP growth
Mumbai: Helped by a sharp moderation in imports, especially of gold, India's current account deficit (CAD) sharply narrowed to 1.7 per cent of GDP, or USD 32.4 billion, in FY'14 from 4.7 per cent in
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