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. …
NEW DELHI: The Cabinet is expected to approve two key proposals on Thursday which analysts say could boost investor sentiment and push policies for faster economic expansion after several months of policy paralysis. The Cabinet is expected to approve the National Manufacturing Policy, which aims at augmenting the share of …
China has revised up slightly its 2010 economic growth to 10.4 per cent, from 10.3 per cent previously, the country’s statistics agency said on Wednesday. The revision to the gross domestic product (GDP) for the world’s No. 2 economy reflects higher-than-expected output in the service and industrial sectors, the National …
China needs to set absolute restrictions on greenhouse gas emissions if it is to fulfill its aim to set up a carbon market over the next five years, a cabinet office think tank said in a paper published on Thursday. "It is only under an absolute emissions cap that carbon …
KOLKATA, 25 AUG: The European Business and Technology Centre (EBTC), an agency co-funded by the European Union (EU) for promoting clean technologies in India, will facilitate establishing 30 projects in the country in the near future. "The EBTC has around 25 to 30 projects in the pipeline which will come …
The country’s gross domestic product registered an annual average growth of 6.6 per cent between 1990 and 2010, Parliament was informed today. “Based on the data of world development indicators, the GDP of India at 2000 prices increased from $270.5 billion in 1990 to $971.5 billion in 2010 registering an …
When companies upscale their green quotient and corporate governance goes paper-free, it's time to sit up and take notice. Going green has been part of corporate-speak for several years, but never before has it occupied as much mind-space of shareholders at AGMs. But, then, nor has the Ministry of Corporate …
Britain has been urged by a major business organisation to exempt high energy users such as Tata Steel from a carbon levy, which, it is argued, could cripple many industries and lead to carbon leakage. “The carbon floor tax is making it increasingly uncompetitive for the most energy-intensive users to …
The Indian National Centre of Ocean Information Services (INCOIS) is working towards covering the entire fishing community of the country under the Potential Fishing Zone advisory services that deliver accurate information on fish abundance. INCOIS has already covered all the coastal states of the country under this initiative. INCOIS officials …
The office of India’s prime minister has downgraded the country’s growth forecast for the current fiscal year to 8.2 per cent from 9 per cent earlier this year, the first official confirmation that India will fail to meet its double-digit growth ambitions in the near future. The downgrade coincided with …
The Delhi government has recently informed the Planning Commission that gross domestic product (GDP) rate of the city government is estimated at 11-11.5 per cent during the 12th Five Year Plan period as against the current rate of around 10.5 per cent, sources said. This has been estimated after taking …
The Chinese economy expanded at an unexpectedly robust pace during the second quarter of this year, data released Wednesday showed, but a slowdown from the sizzling pace of previous quarters also underlined the challenges that now face policy makers in Beijing. A textile factory worker in Huaibei, China. Beijing authorities …
People of several villages of Faila Mouja of Rampal Upazila of Bagerhat district on Saturday formed a human chain to protest against the government move to acquire 2000 acres of their farm land. The land is to be used to install a coal-based thermal power plant to produce 1320MW electricity …
p { margin-bottom: 0.08in; } By Nityanand Jayaraman Is Jairam Ramesh a smooth, cunning and crafty fox? That's what he claimed to be at a journalism school convocation in Chennai on May 3, 2011. Invoking philosopher Isaiah Berlin's spin on an ancient parable called “The fox and the hedgehog,” the …
Maharashtra Chief Minister Prithviraj Chavan today said the state government was expecting 11 per cent growth in the Gross State Domestic Product (GSDP) in the 12th Five Year Plan. "We have achieved 10 per cent growth during the 11th plan. For the 12th plan we are targeting 11 per cent …
Finance minister Pranab Mukherjee on Wednesday said that the economy would expand by at least 8.75% and may touch 9% in 2011-12 as estimated in the Budget. However, the revenue department has doubts over bettering last year
Finance minister Pranab Mukherjee on Tuesday suggested that the government was open to increasing the fuel subsidy beyond the budgeted level, if needed. The statement made during an interaction with over 30 institutional investors is likely to provide comfort to oil marketing companies which are saddled with mounting losses due …
