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 …

Blueprint for 4cr jobs given to PM

The high level strategic group (HLSG) of the All India Management Association (AIMA) on Thursday presented its report, India's New Opportunity -2020, to Prime Minister Atal Behari Vajpayee. The report recommends an enabling policy mechanism to create 40 million new jobs and the country's GDP by up to $200 billion …

Amarinder speaks to PM on SYL dispute

Punjab Chief Minister Capt. Amarinder Singh called on Prime Minister Atal Behari Vajpayee to seek his immediate intervention to resolve the long pending Ravi-Beas river water dispute between Punjab and Haryana.

CEA clears 1000 mw HP hydel project

Central Electricity Authority (CEA) has accorded techno-economic clearance to the 1,000 mw Karcham Wangtoo hydroelectric project to be set up on Sutluj river in Himachal Pradesh. The project, planned for providing 4,560 million units of energy annually to Northern states, would be executed by Jaypee Karcham Hydro Corporation at an …

Indias GDP to take a hit following war, SARS

The Economic & Social Commission for Asia & the Pacific (ESCAP) of the United Nations has said that growth in the Asia-Pacific region will be conditioned by the aftermath of Iraq war, impact of severely acute respiratory syndrome (SARS) and growth in the US, Japan and the EU. ESCAP 2003 …

NCAER forecasts 5-5.6% growth

National Council of Applied Economic Research (NCAER) expects the GDP to grow by 5 to 5.6 per cent in the current fiscal. The growth rate will be influenced by the fall-out of the Iraq war on the global economy. The quarterly review of the economy released by the NCAER on …

J&K Government issues progress report of projects

On the eve of the Prime Minister's visit to Jammu and Kashmir the Central Government has issued a "progress report" of the projects that form part of the economic package for the State that he announced last May. The Government in its reports said that the process of acquiring land …

Iraq war could impact growth: U.N. survey

The United Nations' annual Economic and Social Survey for Asia and the Pacific warned that the Iraq war and its aftermath along with sluggish growth in developed economies could have an impact on the GDP growth in India during 2003.

Aizawl likely to be NEs first planned town

The nagging fear of an impending earthquake and a rapidly expanding hill town that is already bursting at its seams, has had the town planners here unveil the first ever city master plan (CMP) for Aizawl. The master plan promises a safer and greener Aizawl by year 2011 in stark …

J&K demands Rs 3,000 cr Annual Plan

A high level team, headed by the Finance Minister, Mr Muzaffar Hussain Beig, will leave for Delhi shortly for finalising the Annual Plan for Jammu and Kashmir. On several occasions in the recent months the state government had conveyed to the Centre the need for finalising the Annual Plan, failing …

Himachal to frame new economic policy

The Himachal Pradesh government will shortly come out with a new economic policy to tackle the problem of huge debts of Rs 15,000 crore, the Chief Minister Virbhadra Singh said. He told reporters that the contours of the new policy would be delineated in the annual budget for this fiscal. …

CNG pipeline: Maharashtra Govt-MGL stand-off ends

The prolonged stand off between the Maharashtra Government and the Mahanagar Gas Limited (MGL) over the lying of new CNG pipelines in Mumbai ended on Wednesday, with the State Government agreeing to vacate the stay on digging of city roads and assuring the Petroleum Ministry that it would grant permission …

Chandigarh tops city survey

Chandigarh has emerged as the best city to live in, in a survey on urban living conditions conducted by the financial magazine outlook Money. The inaugural survey for the Outlook Money Awards for the 'Best cities to live in'has a few other surprises. Delhi is ranked a poor 13th. This, …

PM to launch development projects in J&K

Prime Minister Vajpayee, who is beginning a two-day visit to Jammu and Kashmir on April 18, will launch several development programmes as part of his peace initiative in the state. Vajpayee will launch the Rs 54,000 crore project aimed at connecting the North-South corridor with a 4-lane super national highway, …

Jagran Manch criticises Centres economic policy

Stepping up its offensive against the Vajpayee government for "endangering the country's economic policy," the Swadeshi Jagran Manch on Monday launched Sangharsh Yatra, a two-month nationwide agitation. The SJM also accused the Centre of succumbing to the WTO pressure. Flagging off the yatra, senior SJM leader Dattopant Thengadi criticised the …

Archaeology helps to unlearn too

The March 5 order of the Allahabad High Court, directing a 12-member Archaeological Survey of India (asi) team to excavate a 30 m x 30 m area at the disputed site at Ayodhya, has led to a renewed interest in archaeology. The order is based on explorations carried out by …

PM gifts Rs 11O cr package to Sikkim

Prime Minister Atal Bihari Vajpayee on Sunday announced a Rs 110-crore package of Central assistance for Sikkim for construction of an airport and an alternative highway connecting the State with the rest of the country. Addressing a public meeting here, Mr Vajpayee said the road sector in the country had …

A river gone private is drying up

Most outside Chhattisgarh hadn't heard of Sheonath until the river went

IMF World Bank to help rebuild Iraq

Leaders of the IMF and World Bank have pledged to help provide billions of dollars to rebuild Iraq. But first they plan to send fact-finding missions to uncover the mysteries of an economy that has been shrouded in secrecy for more than two decades.

Rajasthan annual Plan fixed at Rs 4,258 cr

The annual plan of Rajasthan for the current fiscal has been fixed at Rs 4,258 crore based on the identifiable resources of the state which includes additional Central assistance of Rs 50 crore of schemes of special importance.

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