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

8 core industries grow by 4.2 % in April

Output of the country’s eight core industries rose by 4.2 per cent in April this year compared to the same month last year. This was boosted by higher electricity, fertiliser and cement production. According to official data released yesterday, the coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity sectors had expanded … Read more

Containing inflation, fiscal discipline & boost to low-cost manufacturing is the priority, says FM

Finance Minister Arun Jaitley has stressed the need to contain price rise and hasten economic reforms to boost low-cost manufacturing. Mr. Jaitley said in a Facebook post that reviving the growth momentum, containing inflation and altering the pattern of growth to gainful employment was an over-riding priority. Finance Minister Arun Jaitley added that there is … 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

Population of India will cross population of China by 2028

As per World Population Prospects – The 2012 Revision, the population of India will cross the population of China by 2028. The projected population for India in 2028 will be 1.454 billion, while that of China will be 1.452 billion. The projection of population of India by the year 2060 is not available. The Government … Read more

$125.2 Million ADB Loan for Improving Roads in North-Eastern Region of India

The Government of India and Asian Development Bank (ADB) signed here yesterday a $125.2 million loan that will continue upgrading roads in the North Eastern region of India. The North Eastern States Roads Investment Program is designed to reconstruct roads in the northeastern states of Assam, Manipur, Mizoram, Tripura, Meghalaya, and Sikkim, thereby reducing their … Read more

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