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SAARC region must work collectively to ensure a conducive environment for rapid growth: Swaraj

Mar 17, 2016 at 15:43 | Source: FirstPost

Pokhara: India on Thursdaypitched for unleashing the "collective strength" of SAARC as External Affairs Minister Sushma Swaraj underlined the need for a South Asian Economic Union with greater connectivity and forward movement on pending ag...

Trump lacks foreign policy team, spurns criticism from abroad| Reuters

Mar 08, 2016 at 23:32 | Source: FirstPost

WASHINGTON Republican presidential front-runner Donald Trump acknowledged on Tuesday he did not yet have a foreign policy team and dismissed criticism that his harsh rhetoric on immigration and threats to gut global trade deals would damage America's...

China aims to maintain growth pace, fend off unemployment in five-year plan| Reuters

Mar 05, 2016 at 21:30 | Source: FirstPost

BEIJING China faces a tough battle to keep its economy growing by at least 6.5 percent over the next five years while creating more jobs and restructuring inefficient industries, Premier Li Keqiang said as he opened China's annual parliament on Satur...

China sets economic growth target at or above 6.5 percent in five-year plan| Reuters

Mar 05, 2016 at 08:15 | Source: FirstPost

BEIJING China is aiming for average economic growth at or above 6.5 percent for the next five years, the government said on Saturday, as the world's No. 2 economy seeks to balance deep structural reforms, gyrating financial markets and softening glob...

China sets economic growth target of at or above 6.5 percent in five year plan| Reuters

Mar 05, 2016 at 07:45 | Source: FirstPost

BEIJING China is aiming for average economic growth at or above 6.5 percent for the next five years, the government said on Saturday, as the world's No. 2 economy seeks to balance deep structural reforms, gyrating financial markets and softening glob...

Indian mills clinch sugar exports deals, first in 2 months - sources| Reuters

Mar 05, 2016 at 04:30 | Source: FirstPost

MUMBAI/ NEW DELHI Indian sugar mills signed export deals this week, the first in nearly two months, as an incentive by the top producing state Maharashtra and a rally in global prices of the sweetener made overseas sales attractive, industry sources ...

China's annual parliament meets under economic clouds | Reuters

Mar 05, 2016 at 02:15 | Source: FirstPost

BEIJING China commences its once-a-year parliamentary session this weekend to map out plans for dealing with a wobbling economy and worries the ruling Communist Party is losing its credibility as a competent manager.Overhanging this year's sitting ar...

Budget 2016: Key highlights that you and me should know about

Feb 29, 2016 at 16:15 | Source: FirstPost

Union Finance Minister Arun Jaitley on Monday delivered his third Budget speech in Parliament."I am presenting this Budget when the global economy is in serious crisis. Global growth has slowed down from 3.4% in 2014 to 3.1% in 2015. Financial m...

Full text: In Union Budget 2016, Jaitley leaves the tax slabs untouched

Feb 29, 2016 at 14:19 | Source: FirstPost

Union Finance Minister Arun Jaitley on Monday delivered his third Budget speech in Parliament."I am presenting this Budget when the global economy is in serious crisis. Global growth has slowed down from 3.4% in 2014 to 3.1% in 2015. Financial ...

Bright spot: World Bank sees India growing 7.8% next year but flags political logjam among risks

Jan 07, 2016 at 10:09 | Source: FirstPost

The downward revision of growth numbers in the Mid-Year Economic Analysis 2015-16 released last month to 7-7.5 percent from the 8.1-8.5 percent projection in the Economic Survey last February has been a bit disheartening for the governments economic ...

India set to shine, says World Bank, but flags political logjam among risks

Jan 07, 2016 at 08:51 | Source: FirstPost

The downward revision of growth numbers in the Mid-Year Economic Analysis 2015-16 released last month to 7-7.5 percent from the 8.1-8.5 percent projection in the Economic Survey last February has been a bit disheartening for the governments economic ...

Indian sugar export prospects fade as domestic prices soar| Reuters

Jan 05, 2016 at 23:30 | Source: FirstPost

LONDON/MUMBAI Indian domestic sugar prices have surged, boosting incentives for production of low-quality white sugar for the local market and giving Brazil a competitive edge in the export market.Sugar prices in India have risen more than 15 percent...

With plethora of worries to ponder at, 2016 will severely put to test Modi govts economic management skills

Jan 01, 2016 at 11:45 | Source: FirstPost

The Narendra Modi government entered 2015 on an economic policy high. It had just tabled the Constitution amendment bill to introduce goods and service tax (GST), it had promulgated an ordinance on a new land acquisition law, it had started the proce...

Global growth will be disappointing in 2016 - IMF's Lagarde| Reuters

Dec 31, 2015 at 01:15 | Source: FirstPost

BERLIN Global economic growth will be disappointing next year and the outlook for the medium-term has also deteriorated, the head of the International Monetary Fund said in a guest article for German newspaper Handelsblatt published on Wednesday.IMF ...

GLOBAL ECONOMY YEARAHEAD - Prospects still slim for major global economic pickup| Reuters

Dec 18, 2015 at 23:45 | Source: FirstPost

LONDON/BRASILIA/BENGALURU The world economy may be set for another year like 2015, with modest growth in developed economies offsetting persistent weakness elsewhere but generating very little inflation and keeping interest rates low.The U.S. Federal...

Rally in local sugar prices puts brakes on India's exports| Reuters

Dec 17, 2015 at 00:30 | Source: FirstPost

MUMBAI/LONDON Indian sugar exports are likely to slow down in coming month as a 12 percent jump in local prices in a fortnight has discouraged mills from signing new export deals despite a government mandate for overseas sales.The slowdown in exports...

Exports decline 24% in November, experts say greater Africa focus can stem the decline

Dec 16, 2015 at 09:42 | Source: FirstPost

India's merchandise exports shrank for a 12th straight month in November, falling an annual 24.43 percent, government data showed on Tuesday.Indian exporters shipped goods worth $20.01 billion last month, lower than $21.35 billion provisionally repor...

Cameron's 'Brexit' riddle: Row with EU or row with Eurosceptics?| Reuters

Dec 15, 2015 at 23:46 | Source: FirstPost

LONDON When David Cameron urges European Union leaders on Thursday to do a deal to keep Britain in the bloc, he will face a riddle that has haunted Conservative prime ministers for three decades: a row with Europe or a row with Eurosceptics at home?C...

India to get Japan's bullet train, deepens defence and nuclear ties| Reuters

Dec 13, 2015 at 01:15 | Source: FirstPost

NEW DELHI Japan will provide $12 billion of soft loans to build India's first bullet train, the two nations announced during a visit by Japanese Prime Minister Shinzo Abe that also yielded deeper defence ties and a plan for civil nuclear cooperation....

Full text: Joint Statement on India and Japan Vision 2025

Dec 12, 2015 at 19:15 | Source: FirstPost

India and Japan on Saturday signed several MoUs, including the peaceful use of nuclear energy, and the Prime Ministers of the two countries Narendra Modi and Shinzo Abe issued a joint statement saying that the bilateral relationship between the two c...

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