South Africa profile
Jan 22, 2015 at 14:42 | Source:
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:
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...
Mind the gap in multi-speed world economy after oil plunge
Jan 11, 2015 at 22:15 | Source:
WASHINGTON/NEW DELHI (Reuters) - Robust recovery in the United States, a moribund euro zone and slowing Chinese growth reflect global splits which plunging oil prices are likely to widen.On the face of it, lower energy bills should give consumers and...
Nifty rises over 30% in 2014, best rally since 2009
Dec 31, 2014 at 12:37 | Source:
Mumbai: Indian shares edged up on Wednesday, capping a record-setting year with hopes that the momentum would sustain in 2015 should the government announce additional economic reforms and the RBI start cutting interest rates.The Nifty has gained 30....
BRICS bank needs to ensure easy realisation of bonds, say Rangarajan
Dec 24, 2014 at 16:51 | Source:
Former RBI Governor C Rangarajan today said the bonds to be floated by the New Development Bank promoted by the BRICS countries should have liquidity to ensure their easy realisation.Speaking after releasing a study undertaken by ASSOCHAM on 'BRICS D...
Oct industrial output contracts, builds case for rate cut
Dec 15, 2014 at 01:45 | Source:
NEW DELHI (Reuters) - India's industrial output contracted in October, its worst performance in three years, while retail inflation continued its declining trend, building the case for the Reserve Bank of India to lower interest rates early next year...
PM Modi holds talks with Putin to boost cooperation with Russia
Dec 11, 2014 at 13:31 | Source:
New Delhi: Russian President Vladimir Putin on Thursday held talks with Prime Minister Narendra Modi to further boost cooperation between the two strategic partners in crucial sectors like defence, energy and trade at a time when Russian economy was ...
For PM Modi, English switchover came naturally (IANS Special)
Dec 08, 2014 at 00:30 | Source:
New Delhi, Dec 7 (IANS) For those following Prime Minister Narendra Modi's addresses abroad, his switch to English instead of the expected Hindi during his recent foreign visits may have come as a surprise. But, for a politician known to be a powerfu...
Will Putin-Modi summit reinvigorate Indo-Russian ties?
Dec 06, 2014 at 13:42 | Source:
The 15th India-Russia annual summit in New Delhi on 11 December will not be a routine annual ritual. It will be an occasion for the age-old special strategic partners to address a string of contentious issues that have cast a shadow on their bilatera...
Singapore tops ranking of best place to do business
Nov 20, 2014 at 08:32 | Source:
Wealthy city-state Singapore has once again topped a ranking of the best places in the world to do business. The Economist Intelligence Unit (EIU) ranked Singapore as number one out of 82 countries for its efficient [and] open economy . The tiny Asia...
LIVE: Fiji opposition boycotts PM Modi's address to Parliament
Nov 19, 2014 at 12:55 | Source:
12.20 pm: Proud to have India as a partner, says Fijian PMIn response to PM Narendra Modi's visit to Fiji, Prime MinisterJosiah Bainimarama said that he was proud to have India as a future partner. According to reports in DNA,Bainimarama said that he...
Live: Abbott-Modi becomes Tony-Narendra as bonhomie continues
Nov 18, 2014 at 17:05 | Source:
4.51pm: Abbott-Modi bonhomie on full swing at Melbourne cricket stadiumAustralian Prime Minister Tony Abbott and his Indian counterpart Narendra Modi held a joint press conference after summit talks, stressing how the two countries were expanding the...