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 …
Fifteen Indian companies, led by Reliance Industries, are among Asia's best performing 105 companies, a survey has said. According to the CFO (chief financial officer) Asia's best annual reports survey, Reliance Industries ranked 23rd in the overal Asia list. Rolta India came second, taking 25th place and Hindalco Industries third …
Planning Commission deputy chairman KC Pant has called for setting up of a special rural industry fund (RIF) for the non-farm sector on the lines of venture capital fund. Pant also pointed out that there was a need to sensitise the officials of banks and financial institutions.
The National Council of Applied Economic Research (NCAER) has projected a real GDP growth rate of 6.2% in case of a normal scenario without the war taking place and between 5.2% in the case of war. According to the study, agricultural output is assumed to grow at 4% incase of …
august 2001: Tamil Nadu government announces the Comprehensive Wasteland Development Project (CWDP) in its 2001-2002 budget for developing 20 lakh hectares (ha). September 2001: Separate authority called Tamil Nadu Watershed Development Agency (TAWDEV) constituted to monitor the project. May 2002: Operational guidelines based on Union rural development ministry's participatory watershed …
an unsavoury row has erupted in the us over the import of Vietnamese frozen fish fillets. On January 27, the us department of commerce (doc) slapped anti-dumping duties on the product stating that it was being sold in the domestic market at less than the fair price. Duties ranging from …
India's dubious number two ranking on the Asian corruption index will come as no surprise to Indians accustomed as we are to our daily dose of political scandal and day-to-day speed money transactions. As a people, we have come injured to bribing traffic cops for jumping a signal, for speeding …
With eyes on the forthcoming elections, Madhya Pradesh State government announced a Rs 125.59 crore relief package for drought and hailstorm-affected farmers in the form of waivers of loans and interests.
A survey of foreign company executives has found that most believe corruption in Asia is getting worse, Hong Kong-based Political & Economic Risk Consultancy Ltd (PERC) said. Corruption in more than half of the countries covered in a survey was deemed to be worse this year than last year, it …
Fiat India Pvt. Ltd (FIL) today unveiled the diesel version of the Palio and Adventure models, both of which hail from its Project 178 family. "This signifies 178's debut in the diesel segment,'' Mr Alberto Montanari, Chairman & Managing Director, FIL, said. The cars sport a 1.9-litre 'D-Tech' engine, capable …
State Minister for Implementation of 20-point Programme Ms Ganga Bai Ureti has said that Madhya Pradesh was first among the state with regards to the implementation of the 20-point programme.
The Confederation of Indian Industry has, in its pre-Budget memorandum, asked the Tamil Nadu Government to target an eight per cent growth rate for the State Domestic Product and an industrial growth rate of 10 per cent. It has identified six areas that it believes will help the State in …
The core Plan size for Uttar Pradesh for 2003-04 has been pegged at Rs 7,728 crore. The Annual Plan for the state was approved on Tuesday in a meeting between the Planning Commission Deputy Chairman K. C. Pant and Uttar Pradesh CM Mayawati. The Plan size could be raised to …
The International Monetary Fund (IMF) sees a logn war in Iraq cutting global economic growth by up to two percentage points from a revised 2003 forcast of 3.3%, Germany's Handelsblatt daily reported. In the IMF's World Economic Outlook obtained by the business daily ahead of publication in April, the IMF …
The Delhi Chief Minister, Ms Sheila Dikshit, has blamed the multiple civic authorities in the national capital for impeding the city government's efforts to accelerate economic growth. Speaking at a meeting on
Seven transport Ministers disagreed with the European Commission that revenues raised from road tolls should solely be used for improving transport infrastructure and the environment, at a Council meeting this week. The United Kingdom, Belgium, Germany, Denmark, Sweden, Ireland and France would prefer to use the proceeds from road tolls …
Rajasthan's Budget 2003 tells a story of mounting debts, low income generation and a dismal future for the drought-hit state. The state exchequer was weighed down under a debt of Rs 24,000 crore when Ashok Gehlot came to power in 1998-99. The debt burden grew to Rs 45,000 crore in …
The Delhi Pradesh BJP has criticised the Congress administered Government of NCT of Delhi for failing to achieve the plan targets. Commenting on the performance of the government under the Annual Plan 2002-2003 and sectoral highlights of draft Plan 2003-2004, the Leader of the Opposition in Delhi Legislative Assembly, Mr …
Senior Congress leader and former finance minister Manmohan Singh has warned that the Union Budget would not boost economic growth beyond 5-5.5 per cent as it has failed to address the fiscal deficit pegged at 5.6 per cent for 2003-04. He called it a "status quo, please-all" Budget. "The fiscal …
Revenue Minister P Ashok Gajapathi Raju brushed aside the Opposition's criticism that the Andhra Pradesh state government had wasted more than Rs 1,600 crore on Neeru Meeru programme as it did not yield any results.
