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

Food Park in Karnataka inaugurated by PM Modi

Prime Minister Narendra Modi has inaugurated the 110-acre integrated Food Park in Tumkur in Karnataka today. Speaking on the occasion, Mr Modi said, Centre and the states have to work together for nation’s development and political differences should not come in the way of country’s progress. The Prime Minister said, there is a need to … 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

China’s economy slowest in 14 years in 2013

China’s economy, the world’s second-largest, grew at its slowest pace in 14 years in 2013, latest figures show. Its gross domestic product (GDP) expanded 7.7 percent from a year ago, the slowest pace of growth since 1999. The growth rate was better than the government’s target of 7.5 percent. The pace of expansion was also … Read more

8 million new jobs created in US says Barack Obama

US President Barack Obama has said that businesses have created over eight million new jobs in America due to his new economic policies in the aftermath of the collapse of the country’s economy. “Now what we’re seeing is businesses having created more than 8 million new jobs since we hit bottom. Manufacturing is growing, led … Read more

Global Islamic Economic Summit in Dubai

A two day long Global Islamic Economic Summit, GIES gets underway in Dubai. More than 3000 business leaders, decision makers and Islkamic economy experts will attend the meet. The summit will be inaugurated by the Vice President and Prime Minister of UAE and the Ruler of Dubai, Sheikh Mohammed Bin Rashid Al Maktoum. The event … Read more

US $250000 for women safety programme in Delhi – UN Women

The United States has announced a grant of 250,000 US dollars for an ongoing programme to make Delhi a safe city for women. The programme, ‘Delhi Safe City – Free of Violence against Women and Girls’, is being implemented in partnership with the Indian civil society organisations. A statement said in New Delhi that the … Read more

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