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 …
The World Bank has asked the State government to expedite the ongoing development projects and commended the economic reforms undertaken in the State. Deputy Chief Minister Siddaramaiah, who briefed media persons on a project review meeting held with a WB team in Bangalore on Monday, said the team wanted water …
The rapid rise in the country's middle and upper income classes, more than overall GDP growth per se, is likely to lead to a dramatic hike in the demand for big-ticket items like motorcycles, refrigerators and cars/jeeps, according to the National Council of Applied Economic Research's (NCAER's) latest report, "The …
Close on the heels of the Jakkur lake issue in which the Bangalore Development Authority had started forming sites in the lake's catchment area, the Lake Development Authority has chanced upon two more construction activities on what it says are lake bed areas. In the first case, a notice has …
Haryana Finance Minister Birender Singh has said the State Government plans to assign Rs 1,180 crore for infrastructure development during the current financial year, Rs 300 crore more compared to last year's allocation.Mr Singh also said education should be a top priority and promotion of education encouraged. For this a …
Gujarat has constituted a State Biotechnology Mission for implementation, coordination and promotion of biotechnology. A meeting of the Gujarat Council for Biotechnology chaired by Chief Minister Narendra Modi took this decision and announced the establishment of a Rs 50-crore biotechnology venture fund to promote entrepreneurship in the field. The State …
Bully's immunity: Bangladesh is witnessing a nationwide protest against the government's move to allow blanket immunity to the World Bank (WB) and the International Monetary Fund (IMF). The International Financial Organisation (Amendment) Act 2004, which has allegedly been drafted by the government under WB's pressure, has been ratified by the …
indian farmers are neck-deep in debt. Of the 89.35 million farmer households in the country, 43.42 million (48.6 per cent) are reeling under the yoke, says a recent survey report of the National Sample Survey Organisation (nsso), under the Union ministry of statistics and programme implementation. The report was released …
It seems the ruling United Progressive Alliance government at the Centre is seriously considering undertaking social banking reforms. It has agreed to implement the report of the A Vaidyanathan committee, set-up by the Union government, on the revival of cooperative credit institutions. The Union ministry of finance has accepted the …
Apprehensions over traders hoarding 12 lakh tones of wheat from UP to boost the futures notwithstanding, the wheat stock in the central pool is sufficient to meet the requirement of the Public Distribution Schemes of other ministries and the employment generation schemes of the rural development ministry, the food ministry …
In parched Saurashtra, (Gujarat) it is water that is bringing about a social change. Women who walked miles to fetch a pot of water, are now providing succour to hundreds of water-starved. And, taking on established social mores. Unlettered rural women in Sayla and Chotila talukas of drought-prone Surendranagar district …
Ranked by per capita GDP in 1993-94, the top five States were Punjab, Maharashtra, Haryana, Gujarat and Tamil Nadu, in that order. By 2001-02, 10 years into the reforms, per capita GDP in Maharashtra was only Rs 300 per year less than per capita GDP in Punjab, as against almost …
The second meeting of task force on rural infrastructure, chaired by Prime Minister Manmohan Singh, scheduled for Thursday, is likely to see a lot of heated discussions during the presentations on development of rural roads and electrification. In the first meeting of the task force, which took place on May …
A meeting of the High-Level Industrial Clearance Committee, chaired by the Chief Minister, N. Dharam Singh, has cleared proposals for establishing 13 new heavy industries in the State and a five-star hotel in Bangalore. The proposals envisage an investment of Rs. 13,942.21 crores.The Minister for Industries and Infrastructure, P.G.R. Sindhia, …
Pakistan's economy displayed broad-based positive trends during 2004-05 with GDP growing at 8.4 per cent but inflation, trade deficit and current account balance continued to cast shadow on it, reveals Economic Survey 2004-05. With the highest growth rate in two decades, backed by agricultural, manufacturing and services sector growth of …
An Act to provide for the establishment, development and management of the Special Economic Zones for the promotion of exports and for matters connected therewith or incidental thereto. This act extends to the whole of India.
Refuting the allegations of Telugu Desam Party (TDP) President N Chandrababu Naidu that he is an anti-reformist, Andhra Pradesh Chief Minister Dr Y S Rajasekhara Reddy said that he is more in tune with the reform process than Mr Naidu. Reacting to a query, Dr Reddy said that he has …
Concerned over the dismal fiscal health of the states, Prime Minister Manmohan Singh has convened a meeting of the full Planning Commission early next month to discuss ways of assisting states in tiding over financial crisis. "The full Planning Commission will meet, may be, in the second week of June, …
Out of 36 centrally-sponsored projects delayed in the road sector, 17 projects relating to the golden quadrilateral (GQ) have sustained further delays of upto ten months and have slipped beyond December this year. According to the latest flash report of the ministry of statistics and programme implementation, the road projects …
Climate change poses a major risk to the global economy: It affects the wealth of societies, the availability of resources, the price of energy and the value of companies. The financial industry has a two-fold responsibility. On the one hand, it needs to prepare itself for the negative effects that …
Rahul Gandhi, Uttar Pradesh, Congress, son of Sonia Gandhi Karan Singh, Jammu and Kashmir, Congress, Maharaja of Kashmir Manvendra Singh, Rajasthan, Bharatiya Janata Party, royal connections from Barmer Jyotiraditya Scindia, Madhya Pradesh, Congress, scion of Gwalior royalty V P Singh Badnore, Rajasthan, Bharatiya Janata Party, Royal family of Badnore B …
