India, China termed ‘unfree’ in economic freedom index
byWashington (IANS) India and China are ranked 119th and 136th respectively and both termed “unfree” according to the 2013 Index of Economic Freedom published annually…
Economy
Indian economy to grow at 6.7 percent in 2013-14: CRISIL
byNew Delhi: India’s economic growth is expected to accelerate to 6.7 percent in 2013-14 from the projected rate of 5.5 percent in the current financial…
Government to disinvest stakes in Oil India, NTPC
byNew Delhi (IANS) The government will divest 10 percent stake in Oil India in the second fortnight of this month and follow this up by…
India’s steel demand to increase by 7 percent in 2013-14
byNew Delhi (IANS) The demand for steel in India is expected to rise 7 percent in the next financial year beginning April 1 as compared…
World Bank funded Rs 550 Cr development loan sanctioned for Himachal
byShimla: Union government has sanctioned a Rs 550 crore World Bank funded development policy loan for the state for promoting inclusive green growth and…
Floriculture can be major cash crop for Sikkim – CM
byNew Delhi Sikkim, with a 12.62 percent growth rate, is trying to make floriculture a primary economic activity of this picturesque northeastern border state and…
2012 saw birth of new IT companies and sustained growth (2012 in Retrospect)
byBangalore: India’s $100-billion IT industry in 2012 saw the emergence of new companies to serve global and local markets and sustained growth, despite tough business…
India’s foreign reserves down by near $93 mn
byMumbai: India’s foreign exchange (forex) reserves went down by $92.8 million to $296.53 billion for the week ended Dec 21, data released by the Reserve…
Current Account Deficit: A frightening reality for India
byA persisting global economic crisis has India caught up in a cobweb of dormant growth, surging inflation and the ballooning fiscal deficit has one…
Ratan Tata retires, Cyrus Mistry takes over Saturday
byMumbai: There was no event to mark the occasion, no speeches and the icon himself was not even there at Bombay House to see the…