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Bullet trains: Why it's the one project PM Modi will be pushing in his upcoming foreign tours

Mar 23, 2015 at 11:49 | Source: FirstPost

As the first anniversary of Prime Minister Narendra Modi on 26 May draws closer, he will belooking to foreign nations in order todeliver on many of thetall promises made in the coming months. After his three-nation Indian Ocean tour of Seychelles, Ma...

Jaitley says govt committed to ease processes to do business, sees 7.5% GDP this year

Mar 14, 2015 at 16:35 | Source: FirstPost

Noting that India is emerging as one of the fastest growing economies, Finance Minister Arun Jaitley has said that this year the GDP growth rate will be 7.5 percent and next year hopefully it would be higher.Launching the Union Bank of India (UK), a ...

Bullish Arun Jaitley sees India growing 7.5% this year, next year even faster

Mar 14, 2015 at 15:35 | Source: FirstPost

Noting that India is emerging as one of the fastest growing economies, Finance Minister Arun Jaitley has said that this year the GDP growth rate will be 7.5 percent and next year hopefully it would be higher.Launching the Union Bank of India (UK), a ...

Scam raj is over, BJP committed to making it easy to do business in India: Jaitley

Mar 14, 2015 at 14:13 | Source: FirstPost

Thegovernment is introducing changes to ease the process of doing business and attract investments in India while trying to rationalise and lower taxes, Finance Minister Arun Jaitley has said.He also said that the GDP growth rate this year would be 7...

Retail inflation edges up for third month

Mar 12, 2015 at 23:45 | Source: FirstPost

NEW DELHI (Reuters) - Consumer inflation edged up in February for the third straight month, mainly driven by food prices, underscoring the risk of a rebound in inflationary pressures from rising commodity prices.The data comes ahead of Reserve Bank o...

India pitches for a ratings upgrade with Fitch - source

Mar 12, 2015 at 17:55 | Source: FirstPost

Mumbai: India has pitched for a sovereign credit rating upgrade with Fitch Ratings, after announcing its budget last month, a senior finance ministry source said."India has taken several measures in the budget to cut fiscal deficit and promote i...

India pitches for a sovereign credit rating upgrade with Fitch

Mar 12, 2015 at 17:55 | Source: FirstPost

Mumbai: India has pitched for a sovereign credit rating upgrade with Fitch Ratings, after announcing its budget last month, a senior finance ministry source said."India has taken several measures in the budget to cut fiscal deficit and promote i...

Saif Ali Khan to promote 'Bollywood Britain' in India

Mar 10, 2015 at 13:52 | Source: FirstPost

Mumbai:VisitBritain, the country's national tourism agency, has announced actor Saif Ali Khan as the spokesperson for the 'Bollywood Britain' tourism campaign in India. He says he shares a deep connect with the country.With over 50 Hindi movies filme...

No Indian varsity in list of top 100 prestigious universities, Harvard tops list

Mar 09, 2015 at 22:26 | Source: FirstPost

New Delhi: None of the Indian universities could make it to the list of top 100 most prestigious global universities in the latest 'world reputation ranking' by Times Higher Education.The rankings for 2015 based on invitation-only survey of senior ac...

Brazil raises interest rates to 12.75% to curb inflation

Mar 05, 2015 at 15:22 | Source: BBC

Brazil's central bank has lifted interest rates to a six-year high of 12.75% to restrain inflation. Inflation in Brazil, Latin America's largest economy, was at a 12-year high in February of 7.4%. The government's target is 6.5%. Brazi...

Budget 2015: In push for growth, FM to cut corporate tax rate to 25% in 4 yrs

Feb 28, 2015 at 12:55 | Source: FirstPost

Finance minister Arun Jaitley today bit the bullet by proposing to reduce the basic corporate tax rate by a good 5 percentage points to 25 percent in the next four years and also to remove various exemptions provided to the companies. He, however, sa...

Cabinet nod to BRICS bank for contingency fund, development projects

Feb 25, 2015 at 21:22 | Source: FirstPost

New Delhi: Union Cabinet on Wednesday cleared the creation of the proposed 5-nation BRICS bank that will mobilise resources for infrastructure projects and provide short-term liquidity to emerging economies in case of payment crisis.The proposal was ...

Coal auctions to ensure cheaper power instead of state-offered subsidy, says Jaitley

Feb 17, 2015 at 19:23 | Source: FirstPost

New Delhi: Finance Minister Arun Jaitley today said the ongoing auction of coal mines would help in ensuring cheaper electricity to the common man in a sustained manner as against the practice of states subsidising power. The minister, who will prese...

Modi 2.0: Is the PM doing an Advani by donning a secular hat?

Feb 14, 2015 at 19:58 | Source: FirstPost

The Delhi defeat seems to have triggered a strong churning for Prime Minister Narendra Modi who looks set to turn a new leaf and reinvent himself as a secular, visionary statesman not a hardcore Hindu fundamentalist leader that most people within In...

Did Modi government just scrap the SAARC Development Bank?

Feb 03, 2015 at 16:16 | Source: FirstPost

Even though Prime Minister Narendra Modi had proposed a SAARC Development Bank last year to fund the infrastructure needs of the region and save the developing economies from paying high borrowing costs, the NDA government has now reportedly junked t...

Sushma Swaraj proposes six-point template to broaden China-India ties

Feb 01, 2015 at 10:17 | Source: FirstPost

Beijing: On her maiden visit to China, External Affairs Minister Sushma Swaraj today proposed a six point "template" to broaden China-India engagement with an action oriented approach to usher in Asian century.Addressing an India-China Medi...

Sushma Swaraj proposes 6 point template to broaden China-India ties

Feb 01, 2015 at 08:53 | Source: FirstPost

Beijing: On her maiden visit to China, External Affairs Minister Sushma Swaraj today proposed a six point "template" to broaden China-India engagement with an action oriented approach to usher in Asian century.Addressing an India-China Medi...

Economy set to take off to reach 8-9 percent growth in the years to come: Jaitley

Jan 22, 2015 at 22:42 | Source: FirstPost

Davos: The economy is set to clock a 6.5 percent growth next year and then take off to reach 8-9 percent in the years to come on the back of huge public support for reforms initiated by the government, Finance Minister Arun Jaitley said on Thursday.&...

South Africa profile

Jan 22, 2015 at 14:42 | Source: BBC

Diversity is a key feature of South Africa, where 11 languages are recognised as official, where community leaders include rabbis and chieftains, rugby players and returned exiles, where traditional healers ply their trade around the corner from stoc...

IMF growth forecast for India needs to be taken with a pinch of salt

Jan 21, 2015 at 15:27 | Source: FirstPost

The only function of economic forecasting is to make astrology look respectable. John Kenneth GalbraithEvery bull market needs a story. In fact, different phases of the same bull market need different stories.The latest story to hit the Indian stock...

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