global economic crisis

Weak demand dampens business confidence: FICCI


September 2nd, 2012 - 5:35 pm ICT by IANS
New Delhi, Sep 2 (IANS) Weak demand and slow economic growth has dampened business confidence in India, according to a survey conducted by the Federation of Indian Chambers of Commerce ... Read more...

Posted in Uncategorized |

`Brazil withstanding worst year of global crisis’


August 31st, 2012 - 12:21 pm ICT by IANS
Brasilia, Aug 31 (IANS/EFE) Brazil's finance minister said Thursday that Latin America's largest economy is holding up well amid the "worst year" of the global economic crisis and that its ... Read more...

Posted in Business |

BJP to hold meeting to review economy


August 17th, 2012 - 10:18 pm ICT by IANS
New Delhi, Aug 17 (IANS) Bharatiya Janata Party chief ministers and key leaders from all states will be meeting in Delhi Saturday to review the economic situation in the ... Read more...

Posted in Politics |

4.5 mn jobs at risk in eurozone in four years: UN


July 12th, 2012 - 1:10 pm ICT by IANS
New York, July 12 (IANS/AKI) The 17-nation eurozone faces a further loss of 4.5 million jobs, prolonged recession and social unrest over the next four years, the UN has warned ... Read more...

Posted in Business |

Pakistani PM briefed on economic situation


July 3rd, 2012 - 12:11 pm ICT by IANS
Islamabads, July 3 (IANS) The fiscal year 2011-12 ended with a growth of 3.7 percent, Finance Minister Abdul Hafeez Shaikh told Prime Minister Raja Pervez Ashraf while briefing him on ... Read more...

Posted in South Asia |

Rich nations shy from commitment at Rio Earth Summit


June 21st, 2012 - 10:54 am ICT by IANS
Rio de Janeiro, June 21 (IANS) As the Earth Summit began Wednesday, India had more than one reason to be happy, with its main concerns addressed in the draft ... Read more...

Posted in Environment |

India to push for green growth with equity at Rio+20 (Roundup)


June 20th, 2012 - 11:29 pm ICT by IANS
Rio de Janerio, June 20 (IANS) Indian Prime Minister Manmohan Singh arrived here Wednesday for the Earth Summit and join world leaders in finding ways of reducing poverty, advancing social ... Read more...

Posted in Uncategorized |

Manmohan, Hollande talk India’s $20-bn plane deal


June 20th, 2012 - 10:58 pm ICT by IANS
Rio de Janeiro, June 20 (IANS) The just-concluded G20 summit in Los Cabos may have focused on the global economic crisis, but when French President Francois Hollande met ... Read more...

Posted in World |

Indian PM reaches Rio for Earth Summit (Lead)


June 20th, 2012 - 8:02 pm ICT by IANS
Rio de Janerio, June 20 (IANS) Indian Prime Minister Manmohan Singh arrived here Wednesday for the Earth Summit after taking part in the G20 summit in Mexico.Manmohan Singh will ... Read more...

Posted in Environment |

Infrastructure funding key to growth: G20 endorses India’s stand (Lead)


June 20th, 2012 - 8:48 am ICT by IANS
Los Cabos (Mexico), June 20 (IANS) G20 nations, comprising the world's leading and emerging economies, concluded a much-watched meeting at this Mexican resort with an endorsement of the Indian ... Read more...

Posted in Business |

G20 endorses India’s concern on infrastructure, austerity


June 20th, 2012 - 7:32 am ICT by IANS
Los Cabos (Mexico), June 20 (IANS) India's concern over lack of funding for infrastructure among emerging economies and austerity measures being adopted even by surplus countries were endorsed by ... Read more...

Posted in Business |

India’s potential growth rate has come down: RBI


June 19th, 2012 - 8:55 pm ICT by IANS
Mumbai, June 19 (IANS) A day after keeping the key policy rates steady, the central bank Tuesday said India's potential of maintaining a high economic growth has come down."Potential growth ... Read more...

Posted in Business |

Hope G20 can help end global economic crisis: PM


June 18th, 2012 - 6:48 am ICT by IANS
Los Cabos (Mexico), June 18 (IANS) Prime Minister Manmohan Singh arrived in this resort town Sunday for the G20 Summit with the hope that the two-day event will find ... Read more...

Posted in World |

Present economic crisis not similar to 1991: Pranab


June 4th, 2012 - 8:00 pm ICT by IANS
New Delhi, June 4 (IANS) Despite a sharp slowdown in economic growth, high inflation and record fall in the value of rupee, Finance Minister Pranab Mukherjee Monday emphasised that ... Read more...

Posted in Business |

Government sets up board to boost manufacturing


June 3rd, 2012 - 5:54 pm ICT by IANS
New Delhi, June 3 (IANS) The government Sunday announced a board to help operationalise the national manufacturing policy that aims to create 100 million additional jobs and boost the share ... Read more...

Posted in Business |

PM sets up monitoring system to fast track projects


June 1st, 2012 - 7:08 pm ICT by IANS
New Delhi, June 1 (IANS) Prime Minister Manmohan Singh Friday approved setting up a monitoring system to fast track implementation of major projects with outlay of over Rs.1,000 crore, ... Read more...

Posted in Business |

India will grow at 8-10 percent in coming years: Mukherjee


May 4th, 2012 - 9:53 pm ICT by IANS
Manila, May 4 (IANS) Dismissing all talk of policy inertia, Finance Minister Pranab Mukherjee Friday asserted that the government is focussed on recovering the growth momentum in the economy ... Read more...

Posted in Uncategorized |

IMF suggests reforms, inflation check to resume India’s high growth


April 18th, 2012 - 11:13 am ICT by IANS
Washington, April 18 (IANS) The International Monetary Fund (IMF) has suggested reinvigoration of structural reforms, including development of infrastructure, fiscal consolidation and controlling of inflation to bring India's growth back ... Read more...

Posted in Business |

Policy uncertainty hurting FDI inflows: RBI


April 11th, 2012 - 9:07 pm ICT by IANS
New Delhi, April 11 (IANS) Foreign direct investment (FDI) inflows to India in recent years have been far below the potential mainly because of "policy uncertainty", a Reserve Bank of ... Read more...

Posted in Business |

CII concerned over power tariff hike in Andhra


April 3rd, 2012 - 1:15 am ICT by IANS
Hyderabad, April 2 (IANS) The Confederation of Indian Industry (CII) Monday voiced its concern over the steep hike in electricity tariff for industry in Andhra Pradesh.Suchitra Ella, chairperson, CII Andhra ... Read more...

Posted in Uncategorized |

Budget has dampened growth prospects: Arun Jaitley


March 26th, 2012 - 7:45 pm ICT by IANS
New Delhi, March 26 (IANS) Slamming the union budget as lacking in potential, Leader of Opposition in the Rajya Sabha Arun Jaitley Monday said the budget has dampened the ... Read more...

Posted in Business |

PM warns of economic troubles, seeks broad consensus


March 20th, 2012 - 2:37 pm ICT by IANS
New Delhi, March 20 (IANS) In the backdrop of the global economic crisis in recent years, Prime Minister Manmohan Singh Tuesday warned of "pitfalls" if India did not rise ... Read more...

Posted in Business |

Government support for social programmes has risen: Economic Survey


March 15th, 2012 - 5:58 pm ICT by IANS
New Delhi, March 15 (IANS) Government support for social programmes has continued to expand in various forms despite most social sector subjects falling within the purview of the states, ... Read more...

Posted in Business |

Service sector has insulated India from global slowdown: Survey


March 15th, 2012 - 2:14 pm ICT by IANS
New Delhi, March 15 (IANS) The global recession only partially succeeded in slowing the Indian economy thanks to the robust growth in services at nearly 10 percent in 2010-11 ... Read more...

Posted in Business |

Public sector banks will get adequate capital: Pranab (Lead)


February 19th, 2012 - 9:28 pm ICT by IANS
Gurgaon, Feb 19 (IANS) The Indian government will provide adequate capital to all the public sector banks to help them face risks arising out the global economic uncertainties, Finance ... Read more...

Posted in Business |

Banks should not get complacent: Pranab


February 19th, 2012 - 7:34 pm ICT by IANS
Gurgaon, Feb 19 (IANS) Indian banks had shown resilence during the global economic crisis but there was no room for complacency as the environment remained uncertain, Finance Minister Pranab ... Read more...

Posted in Business |

Reducing Afghan forces can lead to catastrophe: Minister


February 19th, 2012 - 9:58 am ICT by IANS
Washington, Feb 19 (IANS/RIA Novosti) Reducing the number of Afghan security forces, army and police, by more than one-third after 2014 could lead Afghanistan to a catastrophe, the defence ... Read more...

Posted in World |

Tripura chief minister slams ‘neo-liberal’ economic policies


February 4th, 2012 - 9:54 pm ICT by IANS
Guwahati, Feb 4 (IANS) Tripura Chief Minister and Communist Party of India-Marxist (CPI-M) leader Manik Sarkar Saturday condemned the two-decade-old "neo-liberal" economic policy of the central government, saying the ... Read more...

Posted in Politics |

BRICS summit to focus on fixing global recession: India


January 31st, 2012 - 8:58 pm ICT by IANS
New Delhi, Jan 31 (IANS) Ahead of the fourth BRICS summit of the five emerging powers, India Tuesday said the reform of the global governance institutions and ways to fix ... Read more...

Posted in Uncategorized |

Government has key role in primary education: Stiglitz


January 15th, 2012 - 12:14 am ICT by IANS
Kolkata, Jan 14 (IANS) Nobel laureate economist Joseph Stiglitz feels that government should play an important role in providing primary education as it enables the poor to have access to ... Read more...

Posted in Business |

Africa emerging as a continent of opportunity


December 28th, 2011 - 2:09 pm ICT by IANS
Accra, Dec 28 (IANS) Defying the festering Eurozone crisis, Africa is poised for an economic upsurge, with international observers and the World Bank hailing it the "continent of opportunity.""This is ... Read more...

Posted in Business |

US housing market surges sharply in November


December 21st, 2011 - 1:34 pm ICT by IANS
Washington, Dec 21 (IANS) A sharp surge in the US housing market in November brought some relief to the country's turbulent economy.The Department of Commerce said Tuesday that ground has ... Read more...

Posted in Business |

Rupee hits new low for third straight session (Roundup)


December 14th, 2011 - 8:26 pm ICT by IANS
New Delhi, Dec 14 (IANS) The Indian rupee fell to a record low Wednesday at 53.88 to a dollar on increased demand for the US currency from importers and ... Read more...

Posted in Business |

Downturn temporary, return to high growth soon: Pranab


December 14th, 2011 - 6:05 pm ICT by IANS
New Delhi, Dec 14 (IANS) The current downturn in Indian industrial and economic growth is temporary and the country would soon revert to high growth path as it ... Read more...

Posted in Business |

`Rising risk of Eurozone-US recession threaten Asian economies’


December 6th, 2011 - 2:53 pm ICT by IANS
Manila, Dec 6 (IANS) Economic growth in emerging East Asia will continue to moderate in 2012 as growing sovereign debt problems in Europe and an anaemic US economy raise the ... Read more...

Posted in Business |

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