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 …

Foreign agencies cautious on government aid decision

Aid agencies of various countries have reacted cautiously to the Centre's decision to discontinue assistance from these countries or route them directly to recipient institutions, saying they would prefer to await an official communication from the finance ministry.

G8 stresses reforms

The world's leading industrial powers voiced confidence in an economic recovery, as the end of their annual summit was marred by a third night of violent anti-capitalist protests. In a final statement, the Group of Eight (G8) nations focussed on the need to press ahead with structural reforms and greater …

Uttaranchal Plan set at Rs 1,575 cr

Uttaranchal's annual Plan for the current fiscal has been finalised at Rs 1,575 crore, which includes Rs 20 crore for strengthening infrastructure in the State capital. This was agreed at a meeting between the Planning Commission Deputy Chairman, Mr K.C. Pant, and the State Chief Minister, Mr N.D. Tiwari, here …

Zero deficit budget for J&K

The People's Democratic Party led coalition Government presented the first zero deficit budget in the past 13 years and said it aimed at giving a "healing touch" to the ailing economic structure of the Jammu and Kashmir state.

India to accept aid only from 5 nations

The centre decided to prepay outstanding bilateral debt worth Rs 7,490.77 crore to 14 countries. It will now receive aid only from five countries including Japan, the US, the UK, the European Commission and the Russian Federation.

Three Indian cities in top global real estate list

Delhi, Mumbai and Bangalore were among the top 24 cities in the world with the potential to attract international real estate occupiers and investors, a global research conducted by real estate consultants Jones Lang LaSalle and LaSalle Investment Management said.

Haryana releases Rs 430.4 crore for programme

The Sarkar Apke Dwar programme launched by the Haryana Government has seen a sum of Rs 430.4 crore being released for the implementation of Rural Development schemes as compared to the Rs 142 crore released by the previous Government. Under this programme, the Chief Minister (CM), O P Chautala, accompanied …

Rs 11.65-crore project for Anantnag, J&K

The Centre has sanctioned a Rs 11.65-crore special project under the Swarna Jayanti Swarojgar Yojana envisaging employment to families living 2,000 below poverty line in Anantnag dristrict in J&K.Besides; employment opportunities, the project will also help increase wool and meat production in the district.

Centre approves Rs 2,500 cr plan outlay for J-K

Keeping with Prime Minister A.B. Vajpayee's promise to strengthen the economy of Jammu and Kashmir, the Centre today approved a Rs 2,500 crore plan outlay for the state for 2003-04. The Special Task Force on J-K, constituted by the Centre, also met today to discuss creation of one lakh jobs …

World Bank earmarks $1 billion for Ecuador loans

The World Bank has earmarked $1 billion for Ecuador in a four-year lending program designed to help the economy and protect the poor, the bank said. At the same time, the bank approved two $50 million loans for the country. Individual loans in the country program, set to last through …

It`s just the simple bare necessities

Any comparison across states in India throws up a wide diversity. Infrastructure is no exception. The ET-CMIE-Index of Infrastructure Development acroos states shows that the availability of basic infrastructure facilities is markedly uneven in India.While the pecking order of states shows up Delhi, Goa and Kerala as stars in this …

CMs meet on July 7 on rural programmes

In an attempt to provide the necessary impetus and focus for ensuring effective monitoring of various rural development programmes at the grassroot level, the rural development ministry will hold a conference of chief ministers here on July 7. This was decided at a meeting convened by rural development minister Kashiram …

Meghalaya Plan fixed at Rs 555 cr.

The Annual Plan for Meghalaya for 2003-04 was fixed at rs. 555 crores at a meeting here today between the Deputy Chairman of the Planning Commission, K.C. Pant, and the Meghalaya Chief Minister, D.D. Lapang.

Haryana`s annual Plan pegged at Rs 2,068 cr

The annual Plan of Haryana for the current fiscal has been pegged at Rs 2,068 crore with the State Government being given the option to raise it to its budgeted Rs 2,100 crore. This was decided at a meeting between the Planning Commission Deputy Chairman, Mr K.C. Pant, and the …

Plans to tap mineral wells for water

The Government proposes to draw out water for public use from drill wells that do not yield any viable mineral resources. "There are times when drilling for coal or other mineral resources yields only water. Such borewells are normally sealed if they are found unfit for mining activities. We have …

Haryana`s Annual Plan fixed at rs. 2,068 cr.

Haryana's Annual Plan for 2003-04 has been finalised at rs 2,068 crores on the basis of identifiable resorces, but the State Government has assured the Planning Commission that it would generate its own resources to reach the budgeted Plan size of Rs 2,100 crores.

Development in practice

The World Bank's choice of Bangalore for its recent Annual Bank Conference on Development Economics was recognition of two sets of accomplishments. One was the contribution of Indian researchers and practitioners to the field.Theother was Karnataka's development efforts and accomplishments over the last decade.....Editorial

Europe set for first Mars trip

A Soyuz-Fregat rocket is set to blast off at the Baikonur space centre, propelling the 1.2-ton Mars Express probe on its 55-million-km journey to the Red Planet. The main objective is to search for sub-surface water from orbit and drop a lander onthe Martian surface for closer examination.But beyond gatehring …

Pool fight starts with Mahanadu

Andhra Pradesh Chief Minister and Telugu Desam president N Chandrababu naidu is all set to launch his election campaign with a bouquet of schemes at the three-day Mahanadu in Tirupati beginning on May 27.Naidu spent Saturday and Sunday putting the finishing touches on a special package for the development of …

CAG hints that social welfare board needs to pack up

Fifty years after it was set up to help disadvantaged women and children, the programmes run by the Central Social Welfare Board (CSWB) have failed to make a mark. Most of them become redundant. It is time to reassess the need for continuing the board's various activities, says the latest …

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