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 Indian economy should grow at 8.5% in the current fiscal, the same level as in 2010-11, but inflation will continue to remain a concern unless international oil prices come down, economic think National Council of Applied Economic Research (NCAER) said on Thursday. The official GDP growth projection …
Prime Minister Manmohan Singh has said that BRICS nations should combine their potential strengths to continue enhancing coordination on major issues of common concern. BRICS countries
State asked to accelerate growth; Chauhan seeks support for enhancing projects. The Annual Plan for Madhya Pradesh for 2011-12 was finalised at Rs.23,000 crore at a meeting here on Tuesday between Planning Commission Deputy Chairman Montek Singh Ahluwalia and State Chief Minister Shivraj Singh Chauhan. In his remarks on Madhya …
Global management consultancy McKinsey & Co says over the next 15 years, the centre of gravity of the urban world will be heading South in general, and to the Eastern regions in particular. Today, 600 cities, mainly in the North and the West, generate about 60 per cent of the …
If energy, reforms and governance are addressed right, the Indian economy will be the largest by 2045 Given its extraordinary demographics and the unfulfilled demand for infrastructure and consumption combined with the hopes and predictions of responsible bankers such as Citibank and Goldman Sachs, India must know her strategy to …
It is time for the National Advisory Council (NAC) to introspect whether its pious thoughts on food security square up to an economic reality check. There are three likely scenarios: (1) universal coverage at 35 kg/per month per family; (2) universal coverage with 25 kg per family per month; and …
The Ramesh Pokhriyal Nishank Cabinet has cleared the Governor's speech, which will be delivered by Uttarakhand Governor Margaret Alva on the inaugural day of the Budget session on March 14 in a meeting on Wednesday. Sources said that the Nishank Government would present a Rs 15,000 crore Budget for the …
BALASORE: Come summer and people in the northern parts of the State face an acute shortage of water. But, nobody really cares to protect the water bodies which keep the groundwater level high. According to an estimate, about 30 ponds have been filled up in Balasore town for construction purposes …
While the central government is expected to comfortably improve on its fiscal deficit target of 5.5 per cent of gross domestic product (GDP) during 2010-11 due to higher proceeds from the sale of spectrum as well as higher expected GDP numbers, the World Bank has its own doubts. After all, …
The Chairman of the Economic Advisory Council to the Prime Minister pitches for stimulus withdrawal. NEW DELHI: Even as global recovery continues to be slow and fragile, the Prime Minister's Economic Advisory Council (PMEAC) on Monday projected the Indian economy to grow by 8.6 per cent this fiscal and inch …
Once synonymous with economic prosperity, Punjab is now languishing at the bottom in terms of economic growth. While an extreme fund crunch has meant insufficient spending on infrastructure creation, the drying up of investment by private companies has landed the state a double blow. Though deputy chief minister Sukhbir Singh …
NEW DELHI: Environment and Forests Minister Jairam Ramesh on Thursday questioned the 9 per cent growth prediction, saying that if the impact on ecology is taken into consideration, the growth would have been only around 6 per cent. He said from 2015 onwards, the impact of ecology would be part …
A Budget that works for agriculture would be one that enhances investment in farms, spurs market intermediaries to improve their services, and brings about price stability. It should nudge policies towards more integrated markets. For the first time in many years, the setting for the forthcoming Union Budget is one …
