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The World Economic Forum has developed a new metric of national economic performance as an alternative to GDP that also focuses on the living standards of people and futureproofing of economies Inclusive Development Index shows that economies are prioritizing policies that support short-term growth over inclusion and sustainability, despite concerns about social inequality Rankings of …
The Indian bourses are expected to open the week in the green extending last week’s gains. The truncated week will see some amount of volatility due to F&O settlement. Towards the close of the week,the markets will take cues from the GDP growth figures that would be announced. The street expects GDP growth for Q1 …
Ever since the outcome of the Lok Sabha elections were announced, surprising change in sentiment towards India as an investment destination has been witnessed, Huge FII money has flowed into Dalal Street, in May alone FII’s have invested Rs. 14006.1 crores and for calendar year 2014 the figure stands at Rs. 45804.3 crores for the …
Monoranjan Roy, CMD, Pincon Spirit Limited, the fastest growing entity in its domain, is a first generation entrepreneur, with roots in rural India. Commencing his business at a young age, he has literally traversed the entire gamut, from the nadir in the beginning to the zeniths of the present. “Every set back” he says, “has …
India: The Current Downturn Presents an Opportunity to Push Ahead With Reforms to Accelerate Growth, Says World Bank Expects GDP to expand 4.7% in 2014 and 6.2% in 2015; pace of poverty reduction faster, especially in low income states New Delhi, October 16, 2013 – Recent global market turmoil is unlikely to have major adverse …
Dr. C. Rangarajan, Chairman, Economic Advisory Council to the Prime Minister released the document ‘Economic Outlook 2013-14’ at a Press Conference in New Delhi today. Following are the highlights of the document: Ø Economy to grow at 5.3% in 2013-14 Agriculture projected to grow at 4.8% in 2013-14 as against 1.9% in 2012-13. The early and good monsoon …
India’s economic growth has slowed to a pace not seen since the beginning of the 2000s. At the same time, the current account deficit has reached a record high. We project growth in the current fiscal year to reach around 6%, a slowdown from the already low 6.5% growth in the previous year. This growth …
Following is the complete text of the Inaugural Address by the Union Finance Minister Shri P Chidambaram at the Economic Editors’ Conference 2012 here today: “On behalf of Government of India, I welcome you to the Economic Editors’ Conference. Economic journalists, especially those who are based in places other than the capital, look forward to this annual …