India’s growth to reach 6.3 per cent in 2016

The United Nations today said India will see a gradual growth acceleration with its GDP expected to reach 5.9 per cent this year and 6.3 per cent in 2016. According to the United Nations World Economic Situation and Prospects 2015 report, India’s economy expanded by an estimated 5.4 per cent in 2014, an improvement from … Read more

IMF urges Dubai to avoid property bubble

The International Monetary Fund, IMF has urged the Dubai Government to take stronger measures to avoid yet another property bubble. The IMF regional director Masood Ahmed told in Dubai that the authorities in Dubai have taken measures, which are effective. However, there is a need to put in place stronger measures to dampen the speculative … Read more

Jobs in UK – Indian companies create more than 1 lakh jobs in UK

Indian companies are playing an important role in the growth of the British economy and contributing to GDP and creating employment opportunities, according to Grant Thornton UK LLP’s India Tracker 2014 report. The report, which is prepared in collaboration with the Confederation of Indian Industry (CII), monitors UK registered businesses with Indian parent companies and … Read more

$350 Million Loan for Madhya Pradesh Power Transmission and Distribution System

The Government of India and Asian Development Bank (ADB) signed here yesterday a $350 million loan for selective transmission and distribution system improvements critical for meeting the growing demand of power in Madhya Pradesh. The project will carry-out physical upgrades to increase capacity and deliver power more efficiently. It will fund about 1,800 circuit kilometers … Read more

Health Education & Research – new department in central govt.

Recognizing the role of scientific inputs for accessible and affordable healthcare programmes, Prime Minister Dr Manmohan Singh said that government has established a new department for Health Education and Research. In his inaugural address at the 101st Indian Science Congress at Jammu University, Dr Singh said that the 2013 Science, Technology and Innovation Policy reflects … Read more

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