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Economy

Indian GDP predicted at 7.5 percent in 2015-16: World Bank

Washington, Oct 5 (IANS) Improved investor sentiment and resilience to external shocks are expected to increase India’s GDP growth rate to 7.5 percent during 2015-16 and further ...Full Article

Monetary easing, rising rupee, tax resolutions strengthen markets

Mumbai, Oct 3 (IANS) A massive monetary easing, coupled with a major resolution of tax disputes and the strengthening rupee value buoyed the Indian equity markets in ...Full Article

India makes ‘ambitious’ pledge to cut emissions by 35 percent

New Delhi, Oct 2 (IANS) India on Friday pledged to cut its emission levels by 33-35 percent over the next 15 years in what Environment Minister Prakash Javadekar termed ...Full Article

India gets 638 declarants for $580 mn black money

New Delhi, Oct 1 (IANS) India’s drive against black money to get back ill-gotten wealth stashed away abroad by its citizens has drawn responses from 638 declarants ...Full Article

WTO lowers 2015 trade growth forecast to 2.8 percent

Geneva, Sep 30 (IANS) The World Trade Organisation (WTO) on Wednesday lowered the global trade growth forecast for 2015 to 2.8 percent, from the 3.3 percent it ...Full Article

India’s central bank allows India Inc. to issue ‘Masala Bonds’

Mumbai, Sep 29 (IANS) The Reserve Bank of India (RBI) on Tuesday allowed India Inc. to issue rupee-denominated bonds overseas as another source of credit and shield ...Full Article

India to pay Iran $700 mn tranche for oil dues on Wednesday

New Delhi, Sep 28 (IANS) India on Wednesday will pay Iran $700 million towards part settlement of its oil dues, which will be the first payment following ...Full Article

Global information security spending to grow 4.7 percent: Gartner

New Delhi, Sep 24 (IANS): Worldwide spending on information security will reach $75.4 billion in 2015, an increase of 4.7 percent over 2014, according to a report ...Full Article

Iran offers gas at $2.95 a unit for urea plant at Chabahar port

New Delhi, Sep 23 (IANS) Iran has offered to supply natural gas at $2.95 per mBtu for a urea plant that India will set up at the ...Full Article

ADB cuts India’s GDP growth forecast for fiscal to 7.4 percent

New Delhi, Sep 22 (IANS) The Asian Development Bank (ADB) on Tuesday lowered India’s growth projections for the current fiscal to 7.4 percent, from the 7.8 percent ...Full Article