Economy

Sub-Saharan Africa’s Economic Outlook 2025: Navigating Uncertainty and Aligning Policy for Sustainable Recovery

The IMF’s April 2025 Regional Economic Outlook for Sub-Saharan Africa presents a clear warning: regional growth is slowing, debt pressures are mounting, and donor assistance is declining. Yet the report outlines critical opportunities particularly in domestic revenue mobilization, structural reform, and private sector activation that can shape a more resilient …

Coca-Cola test results show 'lower pesticide residue levels'

Coca-Cola released the sample test results on pesticide residues in its aerated drinks, claiming lower levels of individual pesticide residue in its soft drinks than the prescribed Bureau of Indian Standards (BIS) levels of 0.1 ppb. The results were from samples tested at the London-based Central Science Laboratories (CSL). "Samples …

Holland to offer expertise in water management

There is substantial room for growth in India-Netherlands economic relations, said Ms Karien van Gennip, the Dutch Minister for Foreign Trade, in an interview given to Indian journalists at Amsterdam recently. Ms Gennip will be visiting New Delhi, Hyderabad and Chennai in the first week of September and will be …

Economic Census: 4.12 pc Delhis share in total national employment

Delhi's share in total national employment is 4.12 per cent. And according to the 5th Economic Census conducted in Delhi by the Directorate of Economics and Statistics during the months of May-June 2005, the figure is much more than 25 other states and union territories in India. About 7,53,795 enterprises …

Centre shifts focus to urban employment

After pursuing rural employment generation policies for a decade, the Centre will now focus on exportled urban employment generation. The government expects that with the present momentum of exports, close to 21 million jobs will be created in urban India during 2006-10. The government's policies henceforth will revolve on this …

Funds under-used, misused: Patil

JD(S) MLA B R Patil has alleged that the poor utilisation of National Rural Employment Guarantee Scheme funds by the Karnataka government,

Globalisation failing to create new, better jobs: ILO report

Global economic growth is increasingly failing to translate into new and better jobs that would lead to reduction in poverty, according to a report issued by the International Labour Office (ILO) on Friday. The ILO points out that within this global trend, different regions show mixed results in terms of …

Progress dismal in rural employment scheme

The Karnataka Government has done little to demonstrate its commitment in the implementation of the National Rural Employment Guarantee Scheme (NREGS) for the benefit of the unemployed poor in rural areas of five districts. According to official data, the Government's record in the implementation of the scheme has been dismal …

Build new dam at Mullaperiyar: Minister

Kerala minister for Water Resources N. K. Premachandran said on Saturday that the State Government would deploy additional police reinforcements at the Mullaperiyar Dam site. Inaugurating 'Ham Fest India 2006,' organised by the Quilon Amateur Radio League, the Minister said under the present circumstances, the State Government would not accede …

Soft drinks sales still 30% below normal

Domestic soft drinks sales have failed to bounce back despite the health ministry siding with cola majors on the issue of pesticides in soft drinks and Pepsi CEO Rajeev Bakshi endorsing the safety of the products in a television commercial. Though they have recovered a bit since the controversy broke …

75% of TN will be urban in 20 years

Three-fourths of Tamil Nadu's population will live in urban areas by the end of the next two decades. So will 61% of Maharashtra, while a majority of the population in Gujarat and Punjab will be in urban areas by then. As the world gets increasingly urban

Work begins on setting up CNG filling stations

Work on natural gas distribution project in Gurgaon city has begun and the gas distribution company, Haryana City Gas Distribution Ltd, is certain that the first phase would be completed on schedule which is the end of this year. The first phase of the project, which is estimated to be …

UNDP begins work on Human Development Report

With the launch of a new project , the United Nations Development Programme (UNDP) in Nepal began work on the fourth National Human Development Report, which is due to be published in late 2007. Under the new project entitled: Support for Human Development Initiatives; UNDP will gather the nation's principal …

Knowledge centres in 6,00,000 villages by year 2007

Mission 2007's objective to set up knowledge centres in 6,00,000 villages by 2007, the 60th anniversary of country's independence, will be achieved, said M.S. Swaminathan, chairman of the MSSR Foundation and Mission chairperson. In his presidential address at the 16th Foundation Day of the MSSRF, Prof. Swaminathan said the objective …

Develop alternative trading system: NGOs to G-20

: International civil society organisations have urged G-20 trade ministers to reflect upon the negative impact of the WTO regime and help develop an alternative global trading system, which can ensure development, social equity and environmental protection. The trade ministers of G-20, a major group of developing countries including India, …

To sustain 8% growth, India to focus on infrastructure

India needs to invest $330 billion in infrastructure over the next five years to sustain an average annual growth rate of 8 per cent, says a study conducted by CII. According to the study conducted by the CII Infrastructure Council, the investment in India's infrastructure would need to rise from …

Task force calls for district-level planning

An inter-ministerial task force on redressing growing regional imbalances has proposed direct funds transfer to districts as a viable model that would expedite correction. Stating that such district-level planning would require major changes in schemes at the central and state levels, the task force said, to begin with, the ministries …

Funds for adopted villages

The Union Minister for Panchayati Raj, Mr Mani Shankar Aiyer, promised to extend financial existence to the Karnataka Government's ambitious project of adopting 1,000 villages for overall development by spending over Rs 1,000 crore.

FDI flowing into northern states:AEP

Northern states of Punjab, Haryana, Himachal Pradesh and Chandigarh have collectively witnessed a compounded growth of 183% in foreign direct investment (FDI) flows between April 2001 to March 2006.

Corruption has not stalled India Inc progress: World Bank paper

Contrary to general perception, corruption has not prevented a high rate of growth for Indian firms. Compared to other sectors, firms in the small and medium enterprise (SME) sector are the worst sufferers of this problem as the legal protection is weak, according to a World Bank Policy Research Working …

Cars in 21 states to run on green fuel

India'S green fuel plans are turning hot. Cars in most parts of the country will soon be able to use Bharat III level fuels doped with ethanol. The government is planning to expand distribution of E5 petrol to 21 states, up from the initial 10. Oil companies are thus likely …

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