India’s growth is set to rise to 7.2 percent in this fiscal with the economy reviving, helped by positive policy actions that have improved confidence and lower global oil prices, said the IMF giving a virtual go-ahead certificate to the global investors to throng the country. To continue on this trend, India needs to revitalise the investment cycle and accelerate ...
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Brazil’s President Rousseff to Unveil New Economic Recovery Initiative
Newly re-elected Brazilian President Dilma Rousseff has said she would soon be announcing measures for economic recovery and to strengthen the fight against inflation, but not before holding an extensive discussion with all sectors. In her first public appearance a day after her re-election, the head of state told two television channels Monday that she would attend to her voters’ ...
Read More »India’s GDP to grow 5.6% this fiscal, 6.4% in 2016, 7% in 2017: Predicts World Bank
The World Bank Monday said India’s GDP is likely to expand by 5.6 percent this fiscal. The World Bank’s “India Development Update” released in Washington DC on Monday said: “India’s economic growth is expected to rise to 5.6 percent in FY15, followed by further acceleration to 6.4 percent and 7 percent in FY 2016 and FY 2017.” It said identifying ...
Read More »Modi Assures India’s Support as a Friend, Partner to Afghan President
Regarding Kabul’s efforts to build a strong and prosperous nation, Prime Minister Narendra Modi assured support to Afghanistan President Ashraf Ghani and said India will stand as a friend and partner in the endeavor, on Wednesday. According to a statement from the PMO, Modi spoke with Ghani over phone and congratulated him on his election as president of Afghanistan. The ...
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