Economists warn of recession in US
Washington, Feb 21 (IANS) A very possible recession within the next three years would take place in the US, economists warned at a meeting of US governors. There is a “100 percent certainty” of a…
Economy
State-run bank credit profiles at risk sans more capital: Fitch
Mumbai, Feb 19 (IANS) With the profitability of Indian public sector banks (PSBs) severely dented as seen from recent third-quarter results, their credit profile will come under pressure unless they are adequately capitalised, Fitch Ratings…
All central universities to fly national flag
Surajkund (Haryana)/New Delhi, Feb 18 (IANS) All the 46 central universities in the country will fly the national flag on their campuses to signify a “strong India”, said a resolution adopted at a meeting of…
India’s GDP to grow next fiscal at 7.5 percent: Moody’s
Mumbai, Feb 18 (IANS) US agency Moody’s Investors Service on Thursday forecast for India a “stable GDP growth at around 7.5 percent in 2016 and 2017”, saying the country is relatively less exposed to external…
Why Raju Rai Lives 1,980 Km from Home
By Himadri Ghosh Raju Rai was 17 when his mother was diagnosed with cancer, forcing him to leave his village in Jharkhands overwhelmingly rural Jamtara district in search of a livelihood. He’s 22 now and…
‘Friendly Tax Regime, GST Will Make Doing Business Easier’
Mumbai, Feb 16 (IANS) A tax regime receptive to the needs of foreign investors and the passage of the Goods and Services Tax (GST) Bill can work wonders for the Make in India initiative, said…
Exports Slump 13.6 Percent in January
New Delhi, Feb 16 (IANS) Exports declined 13.6 percent in January in dollar terms over the same month year ago, with no let-up in the last 13 months, the commerce ministry said in a statement…
India’s Wholesale Inflation Marginally Down in January (Roundup)
New Delhi, Feb 15 (IANS) Seasonal softening in food prices and a sharp drop in fuel costs helped India’s annual wholesale rate of inflation decline marginally to (-)0.90 percent for January from (-)0.73 percent for…
Indian Economy to Be More Attractive, Stable: KPMG
Photo credit Sean Dempsey/PA Wire URN:18486948 Mumbai, Feb 14 (IANS) India is expected to progress into a stable and more attractive investment destination owing to favourable macroeconomic policies and conditions, leading business consultancy firm KPMG…
Kerala Expatriates Needn’t Panic over Oil Downturn, Says Expert
Thiruvananthapuram, Feb 14 (IANS) The downturn in the global oil industry, its deepest since the 1990s, is no cause for panic among people from Kerala living and working in the Middle East, an international migration…
Number Of Job Seekers Declined During Oommen Chandy’s Tenure
Kerala Chief Minister Oommen Chandy. (File Photo: IANS) Thiruvananthapuram, Feb 11 (IANS) The number of job seekers in Kerala has come down during the tenure of the United Democratic Front (UDF) government led by Chief…
India’s Growth Slows to 7.3 Percent in Third Quarter
New Delhi, Feb 8 (IANS) The Indian economy grew 7.3 percent in the third quarter ended December 31, 2015 — down from the 7.7 percent expansion in the previous quarter, but marginally up over the…
Karmapa to Set Up Monastic College for Nuns
Bodh Gaya, Feb 4 (IANS) Tibetan religious head and 17th Karmapa Ogyen Trinley Dorje on Thursday announced the setting up of a monastic college to educate and empower female Buddhist practitioners from the Himalayan region….
German Unemployment Rate Hits New Record Low
Berlin, Feb 2 (IANS) Continuing a positive trend and supporting private consumption, Germany’s unemployment rate fell to a new record low level in January, said official data on Tuesday. The number of people registered as…
Make Agritech Startups Cool: Creating a New Generation Of Entrepreneurs
In India, many startups are actually happening in the organic agriculture space but little is known of or heard about them. They may not have found space in Vigyan Bhavan during the inauguration of #StartupIndia…
Manufacturing Sector Grows in January: PMI
New Delhi, Feb 1 (IANS) India’s manufacturing activity registered acceleration in January, Nikkei’s Purchasing Managers Index (PMI) data showed on Monday. As per the monthly Purchasing Managers Index (PMI) survey conducted by Nikkei and market…
‘Mostly Unfree’ India Improves Its Economic Freedom Score
Washington, Feb 1 (IANS) With an improvement of 1.6 points in its overall score, India was ranked 123rd in 2016 Index of Economic Freedom released by the conservative US think tank Heritage Foundation here…
Wide ‘Digital Divide’ Between States: Assocham
New Delhi, Jan 31 (IANS) There exists a stark “digital divide” among states, with Delhi having the highest score of 238 percent while Bihar and Assam lag behind at around 55 percent, business chamber Assocham…
Lithium Batteries Can Push India’s Energy Security
The Indian government’s Department of Heavy Industry has announced an ambitious goal of deploying six-seven million electric vehicles (EVs) across the country by 2020. This will create a huge demand for lithium ion (li-ion) batteries…
How cCan Impact Country’s Economy
London, Jan 29 (IANS) Breastfeeding has an impact on a country’s economy as well as on the health of its women and children, reveals a study. According to the researchers, breastfeeding is a powerful and…