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 …

A profane proposal

The sacred does sell. A community in Mawphlang, Meghalaya is showing the way. It has put up a toll barrier on the road leading to the Ka Law Kyntang or sacred grove. You pay a minor but valuable sum to enter the grove. Close by in Makarwat, which falls in …

No guzzling!

china, one of the fastest growing car markets in the world, is gearing up to impose fuel economy standards for new cars. And it may even go the extra mile in this energy conservation effort

World economy to witness strongest year of growth: IMF outlook

In its World Economic Outlook (WEO), the International Monetary Fund has argued that unless the events take an "awful turn," the world economy will enjoy one of its strongest years of growth this year. "It is but natural then that the equilibrating forces bringing growth back to trend will come …

27% rise in number of unemployed in Delhi

There is an overall increase in respect of registered unemployed persons in the city. The capital has registered an increase of 27.83 per cent during 1990-2003. The annual growth rate of registered unemployed in 1991 was 5.64 per cent. According to the Economic Survey of delhi, the population of Delhi …

CII action plan to develop Amritsar

As Amritsar gears up to celebrate the 400th anniversary of the installation of the Guru Granth Sahib in Golden Temple at Amritsar, the Confederation of Indian Industry (CII) has suggested a three-point "action plan'' for the economic development of this holy and historic border city. According to a CII release …

Kalam to open meet on rural India

The President, A.P.J. Abdul Kalam, will visit Gulbarga on September 23 to inaugurate a national seminar on "Vision 2020 - Rural India," organised by the Hyderabad Karnataka Chamber of Commerce and Industry. The President's office had confirmed his acceptance of the invitation from the Chamber.

SC notice to govt on debt recovery

The Supreme Court has issued notices to the Centre and five states on a PIL alleging that the revenue department officials were unofficially arresting destitute persons and keeping them like "caged animals" for their inability to pay civil debts. A Bench comprising Justices Y K Sabharwal and D M Dharmadhikari …

E-governance must percolate to grassroots

Union Minster of State for Planning M.V. Rajashekaran promised that the recommendations of the national workshop on

Draft norms for viability gap funding of core projects

The government announced draft guidelines for viability gap funding for public-private partnerships in core sector, for which a budgetary provision of Rs 1,500 crore has been made for 2004-05. As per the draft guidelines, the government would extend viability gap funding up to 20 per cent of the project cost …

IPR continues to elude traditional knowledge

While the corporate world is gearing up for the Intellectual Property Rights (IPR) regime, serious doubts over the documentation processes on the traditional knowledge system seem to be hindering the start-up activities. Documentation of knowledge for public domain is one of the few steps initiated by the country to take …

Pareechu dam obstruction to be checked

Various government agencies are now trying to fathom the exact size of the obstruction on the Pareechu river, which has caused a lake to form. Doubts are being expressed over the previous estimates obtained from satellite images. General opinion amongst the various agencies that have been monitoring and analysing the …

Delhi set to unveil new water tariff

The Delhi government is likely to increase water tariffs by three times by next week. However to spare the people of Delhi from a sudden surge in water costs, the government has decided to implement the hike in a phased manner.

AP plans `strategic growth corridor` in coastal region

Aimed at transforming the Coastal Andhra region into a 'strategic growth corridor' that could attract investments of over Rs 20,000 crore, the Andhra Pradesh Government has firmed up major industrial development plans for the region that involves connecting the Gangavaram Port, the Pharma City and the AP Special Economic Zone …

PM spells it out: infrastructure

Clearly fatigued by parliamentary disruptions and opposition sniper fire, Prime Minister Manmohan Singh signalled that he

India keen to improve trade ties with China

Sino-Indian trade is set to cross the $10 billion-mark this year for the first time and New Delhi is determined to further diversify and strengthen bilateral ties, Indian ambassador to China, Nalin Surie has said. "One of the principle efforts from our part is to increase the trade and economic …

A new tax may be just months away

Within the next few months, Delhi residents may have another tax to contend with. After having sanctioned a professional tax, the Delhi Government has now asked the Municipal Commission of Delhi to not only increase all its fees and fines, but also to impose a new tax "on increased urban …

Economic growth linked to education: Kalam

The President A.P. J. Abdul Kalam, said today that for sustained economic development , all information that had been generated should be used to improve the skills of students and help them embark on a life long mission of learning. Inaugurating the silver jubilee celebrations of Gulbarga University on the …

G-3 plans dialogue with European Union

The Foreign Ministers of the Group of Three -India , Brazil and South Africa (IBSA) -have decided that the character of the group should be maintained and that it can have a dialogue with the European Union "at a suitable occasion".

Government releases Rs 210 cr package for 49 towns

Haryana Urban Development Minister Subash Goyal said that the state government has implemented a scheme of Rs 210 crore in 49 towns of the state for bringing an all-round development of the towns. The steps of the scheme included improvement in environment, repair and construction of roads, strengthening of fire …

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