Growth in Asia and the Pacific outperformed expectations in late 2023, reaching 5.0 percent for the year. Inflation has continued to decline, albeit at varying speeds: some economies are still seeing sustained price pressures, while others are facing deflationary risks.In 2024, growth is projected to slow modestly to 4.5 percent. …
An annual GDP growth rate of 9-10 per cent is unlikely in the current policy environment in India, says Martin Wolf, chief economics commentator of the Financial Times, and one of the world’s most influential journalists and public policy intellectuals. To enter the league of the world’s developed nations, India …
New Delhi: The Indian economy grew 8.4% in 2010-11, marginally lower than the previous estimate of 8.5%, on the back of strong farm sector and services sector growth, data showed on Tuesday. The Central Statistics Office (CSO) released the quick estimates of national income, which showed that the farm sector …
Acting on the directives of the Centre, States such as Karnataka, Gujarat, Rajasthan and Haryana are ready with their annual plans to boost horticulture production. Besides these States, Andhra Pradesh, Madhya Pradesh and Orissa have also drawn the annual action plan for 2012-13 horticulture year, sources in the Agriculture Ministry …
For a sprawling state with 11 agro-climatic regions, Madhya Pradesh has set for itself an ambitious target of 10 per cent growth in agriculture — its backbone that accounts for nearly one-quarter of the state GDP. The state’s optimism stems from its record production of wheat, soybean, rice and gram …
NEW DELHI, 10 JAN: Describing the problem of malnutrition in the country as a national shame, Prime Minister Mr Manmohan Singh today said the government could not rely on the Integrated Child Development Scheme (ICDS) alone to tackle it. “...the problem of malnutrition is a matter of national shame. Despite …
It is election time, perhaps even time for mid-term polls, after the assembly elections in February. Time, therefore, for a mid-term review of the UPA 2’s policies. Much has been written about the lack of leadership on the part of Prime Minister Manmohan Singh. So in interests of balance and …
Bhubaneswar: The ‘China vs India’ debate saw Prime Minister Manmohan Singh noting that India’s “relative position in the world of science is declining, and the nation has been overtaken by countries like China”. Speaking at the 99th Indian National Science Congress on Tuesday, the PM’s inaugural lecture meant to celebrate …
The United States Agency for International Development (USAID) and Agribusiness Support Fund (ASF) will jointly implement a five-year USAID's Agribusiness project to increase competitiveness and productivity of horticulture and livestock sectors. "This project is part of the broader US government commitment to help strengthen Pakistan's economy," said Dr Andrew Sisson, …
Noting that India’s position in the field of science has been overtaken by China, the Prime Minister, Dr Manmohan Singh, has sought an increase in spending on scientific research to at least two per cent of GDP and enhanced contribution from industry. “As far as resources are concerned, the fraction …
Bhopal : Madhya Pradesh is going to bring out the first state level industrial production index and the maiden index would come out in January 2012. The index would facilitate more accurate and timely assessment of Gross Domestic Product (GDP) of industries. Presently, in the absence of this index the …
Two tropical lows off northern Australia could develop into cyclones in coming days as the La Niña weather pattern persists, but pose no immediate threat to mining and crop regions devastated by cyclones and flooding in early 2011. The storms were forming as the Australian Bureau of Meteorology forecast that …
A Goa Government panel has recommended capping mining activity in the coastal state at 20 million tonnes in the next four years to protect the fragile ecosystem and reduce the social stress. Goa Golden Jubilee Development Council (GGJDC), headed by scientist Raghunath Mashelkar, has pointed out that unbridled mining activity …
Sector with 14% share of IIP will slow down growth & affect power sector investments. An unprecedented crackdown on corruption in India’s mining industry, led by the Supreme Court and state-level agencies such as Karnataka’s Lokayukta, coupled with rigorous enforcement of environmental norms is resulting in collateral damage to the …
India's energy security has come under an alarming pressure from rising dependence on imported oil, regulatory uncertainty and opaque gas pricing policies, according to a FICCI-Ernst & Young report. Supply issue “Small pool of skilled manpower and poorly developed upstream infrastructure and dependence on fossil fuels are other factors impacting …
Calling for a redoubling of efforts to ramp up the domestic energy supplies, the Prime Minister, Dr Manmohan Singh, said that the country needs to rapidly increase energy consumption in order to achieve the 9 per cent growth target set for the Twelfth Five-Year Plan (2012-17). “We have set for …
India needs to rapidly increase energy consumption to achieve the ambitious target of 9 per cent economic growth in the 12th Five-Year Plan (2012-17), Prime Minister Mr Manmohan Singh today said. “We have set for ourselves an ambitious target of 9 per cent annual growth in GDP in the 12th …
“We have made history”, exulted the South African Chairperson of the 17th Conference of Parties (COP) to the UN Framework Convention on Climate Change at the conclusion of the conference in Durban in the early hours of December 10. She had reason to, for she could forge a deal roping …
Global carbon dioxide emissions from industry rose about three percent in a weak global economy this year, a study released on Monday showed, adding fresh urgency to efforts to control planet-warming gases at U.N. climate talks in South Africa. The study by the Global Carbon Project, an annual report card …
The United Nations has warned that the world is at the cusp of another recession, pointing to the slowdown in economic growth in all countries including the growth engines— India and China. In a report 'World Economic Situation and Prospects 2012’, released Thursday the UN has downgraded its global economic …
The world economy faces the risk of a sharp slowdown in 2012 with governments hard-pressed to spur growth, a United Nations report has said. The report, ‘World Economic Situation and Prospects 2011’, published on Friday said global growth could fall from 3.6 per cent this year to less than 2 …
