India economic growth to surpass China’s in 2015-16

A mid-year update of the UN World Economic Situation and Prospects report says India’s economic growth is to surpass China’s in 2015-16. According to the report, Indian GDP is expected to zoom by 7.7 per cent in 2016 which will help accelerate economic growth in South Asia. It will overtake China, which is projected to … Read more

Ellen Johnson Sirleaf conferred Indira Gandhi Peace Prize

Liberian leader Ellen Johnson Sirleaf was conferred the coveted Indira Gandhi peace prize by President Pranab Mukherjee who said India will continue to support the African nation in its pursuit of stability and economic growth. 74-year-old Sirleaf, the first democratically elected women Head of State of any African country, was honoured for serving as an … Read more

Full speech of Prime Minister Dr. Manmohan Singh – India

My dear fellow-citizens, Brothers, sisters and dear children, I greet you all on this Independence Day. Today is certainly a day of joy for us. But on this celebration of independence we also feel pain in our hearts that our brothers and sisters in Uttarakhand had to face devastation about two months back. Our deepest … Read more

Tax break to boost economic growth in China

China begins a major effort to boost its economic growth with business tax breaks and export liberalization, amid an increasing industrial slowdown. The steps include tax breaks for small businesses, reduced fees for exporters and opening up of railway construction. China’s economic growth rate has slowed for two quarters in a row and there are … Read more

IMF downgrades forecast for global economic growth to 3.3 percent

The International Monetary Fund (IMF) downgraded the forecast for global economic growth of 2012 to 3.3 percent in the World Economic Outlook unveiled in Tokyo before the IMF-World Bank 2012 annual meetings. “The world recovery continues, but it has weakened further. In advanced countries, growth is now too low to make a substantial dent in … Read more

Research :: Basic research – Is it really worth it?

Basic research, or research where the primary goal is the advancement of human knowledge and theoretical understanding, has throughout its history been pressed by politicians and the public to justify its existence.

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