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 …

For oil s sake?

Could oil be the reason for the European Investment Bank (eib) giving a loan to Russia for a wastewater treatment plant? Pursuant to a decision taken by the European Council in Stockholm, the eib will give over us $31 million to the St Petersburg water company, Vodokanal, for the South …

New year blow

The Sri Lankan government has given its citizens a bitter pill to swallow this new year. It has declared that a hike in the prices of diesel, petrol and other household goods is the only remedy to resuscitate the island nation's sick economy. With basic commodities

Costly sops

in his generous pre-election mood, Prime Minister (pm) Atal Bihari Vajpayee has assured some Bharatiya Janata Party (bjp)-governed states that important environment laws would be relaxed. The coastal states have been promised that the coastal regulation zone (crz) rules, which control development and construction activities along India's coastline, would be …

Panel to set new norms for pesticide limits in soft drinks

The Central Committee on Food Standards (CCFS), which met the Health Ministry to set new standards for food products, has recommended that water used in soft drinks should conform to the same norms as those set for packaged water, Ministry sources said. Upholding the report submitted by the Joint Parliamentary …

Kalam sets agenda for development agenda

President Abdul Kalam has set the agenda for turning the country into a developed nation by 2020, urging the political leadership and industrialists to transform the

Over 8 pc GDP growth sustainable: PM aide

Government exuded confidence in sustaining GDP growth of over eight PER cent in the next fiscal following a slew of economic policies announced during 2003-04.

Rivers of no return

If recent acceptance by Madhya Pradesh and Rajasthan on diverting Parvati, Kalisindh and Chambal rivers are any indication, political allegiance is being conveniently used to prove that indeed the states are supportive of the idea of interlinking rivers. It must be recalled that only few weeks ago, the predecessor Government …

Cabinet nod for rural clusters

The Economic Adviser in the Prime Minister's Office, S Narayan, said the Union Cabinet had approved the setting up of 5,000 rural clusters in the country, with improved infrastructure to promote the development of agriculture and small-scale industries. Speaking at a seminar organised by the Assocham on economic growth clusters, …

$220-m IBRD loan for AP

The World Bank has approved the Second Andhra Pradesh Economic Reform Loan/Credit to back the State's efforts to better socio-economic conditions and reduce poverty. This would be co-funded by the Department for International Development, UK. The $220-million package supports the ongoing reform programme in Andhra Pradesh. The loan-cum-credit is the …

Food ministry buys JPCs view on packed water

The department of consumer affairs, in the food ministry, has concurred with the measures suggested by the Joint Parliamentary Committee (JPC) for ensuring quality standards for packed drinking water. The department has also endorsed the suggestion that there should be a single authority to deal with an integrated food law. …

Pakistan-Hong Kong trade likely to touch $1 billion

The Chief Executive of Hong Kong, Tung Chee Hwa, hoped that the existing $7 million bilateral trade with Pakistan has the potential to grow to $1 billion with the improvement in the economy of both countries. He recounted the close relations between Hong Kong and Pakistan, particularly in the trade …

UK-aided project in 17 districts

A Rs 700-crore Madhya Pradesh Rural Livelihood Project, aided by the United Kingdom's Department for International Development, is to be implemented in 17 districts of the State.

Ban irrigation by Khan river water

Lok Upbhokta Parishad president Vidyadhar Shukla has demanded the administration to ban irrigation by Khan river water. In a release, Shukla said that the polluted water from industrial units of the city containing hazardous chemicals like mercury, calcium, cyanide, mixes into the Khan river polluting its water too.

Peshwa era water system discovered in Pune

A long-forgotten under-ground water supply system dating back to the Peshwa era, also mentioned in historical records, was recently 're-discovered' by a team of four city youngsters here and much to everyone's amazement, the system continue to work even today, reports UNI.

Jaipur to get e-link with districts

The Rajasthan Government plans to connect all district headquarters with the State Capital by video conferencing facility by March-end. The concept of e-governance will also be implemented vigorously in the districts for quick disposal of people's problems. The State Government's Information Technology Department has chalked out an action plan for …

T.G. Halli Reservoir catchment area made protected zone

The Government has decided to act to save the shrinking catchment area of the Thippagondanahalli Reservoir, an important source of drinking water to Bangalore city. The reservoir built in 1934 is the second oldest source after the Hesaraghatta Lake. It supplies 125 million litres of water every day to Bangalore …

Veeranam water for Chennai soon

Borewells are being sunk in the catchment area of the Veeranam tank and water will be conveyed to Chennai to meet the chronic shortage in the city. Work on the new Veeranam scheme is progressing well and city residents will benefit from it shortly, the Information and Local Administration Minister, …

JPC recommendation on norms for colas justified

A positive fallout of the Cola controversy could be a nation-wide movement for food safety, said G. Thyagarajan, chief scientific consultant to the Joint Parliamentary Committee (JPC) that submitted its report on pesticide residues and safety standards earlier this week. Speaking to The Hindu, Dr. Thyagarajan, an expert in organic …

Vision: NE-2020 adopted at national workshop

The four-day national workshop on

Ficci outlines 10-6-10 plan for new Govt

Ficci released its economic agenda for the central government that would assume office after the forthcoming Lok Sabha polls. Ficci president Y. K. Modi said at a press conference here that the economic agenda, termed

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