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. …
Finance Minister Pranab Mukherjee can take credit for ending 2010-11 with a fiscal deficit significantly lower than 5.5 per cent of GDP that his team estimated in the beginning of the year. A higher-than-expected GDP growth rate of 8.6 per cent will give him enough headroom to close the year …
THE economy is set to expand 8.6% in the fiscal year ending March compared with 8% in the previous year, the government said on Monday. The forecast belies fears of a sharp slowdown in the second half of the year while leaving more room for the Reserve Bank of India, …
Manufacturing Showing Signs Of Slowdown. New Delhi: India’s agricultural sector, often branded as a laggard, has come to the economy’s rescue. The government’s statistical office is expected to peg gross domestic product at 8.5% for the current financial year in the advance estimates that are due to be released on …
Agrarian Distress in India apt title of the latest book by agricultural economists BC Barah & Smita Sirohi would not have come out at a more appropriate time when the government is grappling with rising cost of food items which not only cause lots discomfort to consumers but also policy …
A combination of tight monetary policy, better food supply, rejigged mandis, market intelligence and demand-led growth will yield results ASHOK GULATI & KAVERY GANGULY FOOD INFLATION, WHICH HAD TOUCHED 18.3% in the week ended December 25, 2010, is playing a spoiler in the otherwise robust overall GDP growth of more …
India, which is currently at the 11th position, would become the third largest economy in the world by 2050, well ahead of Japan and not too far behind the US, says a PricewaterhouseCoopers (PwC) report. The report
Riding on a strong performance by the agriculture and services sectors, the Indian economy posted a better than expected growth rate of 8.9 per cent for the second quarter of the financial year 2010-11 and raised expectations that it could touch 9 per cent overall GDP growth for this year. …
ADVOCATES of drastic cuts in carbondioxide emissions now speak a lot less than they once did about climate change. Climate campaigners changed their approach after the collapse of the Cospenhagen climate change summit last December and the revelation of mistakes in the United Nations climate panel
Dr Manjit S. Kang, Vice-Chancellor, Punjab Agricultural University, Ludhiana According to the World Food Summit of 1996, food security is the situation "when all people at all times have access to sufficient, safe, nutritious food to maintain a healthy and active life." Improper and inadequate grain storage results in 5 …
POLITICIANS and commentators are understandably pessimistic about the chances of an international deal on carbon cuts emerging from the United Nations summit in Mexico this December. Nothing has been resolved since the Copenhagen climate talks fell apart last year. Fortunately, recent research points to a smarter way to tackle climate …
IN THE second decade of the 21st century, the environment has found an irredeemable place in the international economic discourse. It was not always like this. In the 1990s, establishment development thinkers accommodated the environment only as an afterthought when it came to countries like India and China because the …
Consumer-connect, sustainable strategies and adopting new technologies can salvage the sector from its faceless existence INSTITUTIONS make choices at forks on their journey and embark on distinctive trajectories. The choice made is influenced by its culture and mindset. During the recent crisis, for example, Germany spent a gentle 1.5% of …
