India's National Solar Mission scaled up five fold: Economic Survey
Feb 27, 2015, at 07:55 pm
New Delhi, Feb 27 (IBNS): The Economic Survey 2014-15 presented in the Parliament Friday says that India has made considerable progress in tackling climate change issues.
India needs to create additional Fiscal Space: Economic Survey 2014 - 15
Feb 27, 2015, at 07:54 pm
New Delhi, Feb 27 (IBNS): India needs to create additional fiscal space in order to ensure macro stability and to create buffers for future economic downturns, says the Economic Survey, tabled in Parliament by the Union Finance Minister, Arun Jaitley here Friday.
Create National Common Market in Agricultural Commodities: Economic Survey
Feb 27, 2015, at 07:53 pm
New Delhi, Feb 27 (IBNS): The Economic Survey 2014-15 tabled in Parliament emphasizes on the need for a national common agricultural market and identifies un-integrated and distortion ridden agricultural market as the one of the most striking problems in agriculture growth.
Revive public investment to improve investment climate: Economic Survey 2014-15
Feb 27, 2015, at 07:53 pm
New Delhi, Feb 27 (IBNS):To improve the investment climate and reduce the backlog of stalled projects, Economic Survey 2014 – 15, tabled by the Union Finance Minister Arun Jaitley in the Parliament Friday, argues for a three-pronged strategy:
Liquidity conditions balanced: Economic Survey
Feb 27, 2015, at 07:52 pm
New Delhi, Feb 27 (IBNS): Economic Survey 2014- 15 tabled in Parliament on Friday states that liquidity conditions (money supply) have remained broadly balanced during 2014-2015 except for some temporary tight conditions due to delayed government expenditure.
Feb 27, 2015, at 07:51 pm
New Delhi, Feb 27 (IBNS):The Economic Survey 2014-15 has acknowledged that the Food Subsidy Bill has increased substantially in the past few years putting a severe strain on the public exchequer.
Improvement in Female Literacy in India, says Economic Survey
Feb 27, 2015, at 07:50 pm
New Delhi, Feb 27 (IBNS):There has been a marked improvement in female literacy as per Census 2011, according to the Economic Survey 2014-15 presented in Parliament on Friday.
Double-Digit Economic Growth Trajectory now a possibility: Economic Survey
Feb 27, 2015, at 07:50 pm
New Delhi, Feb 27 (IBNS) Indian Economy is looking up with brighter prospects amongst the world’s major economies, said the Economic Survey 2014-15 presented by Union Finance Minister Arun Jaitley to the Parliament Friday indicating that a clear political mandate for reform and a benign external environment now is expected to propel India on to a double digit trajectory.
From Carbon Subsidy to Carbon Tax: India's Green Actions
Feb 27, 2015, at 07:49 pm
New Delhi, Feb 27 (IBNS) :Economic Survey 2014-15 tabled in Parliament acknowledges the green actions taken by India, including imposing significantly higher taxation of petroleum products and thereby re-energizing the renewable energy sector. India shifted from a carbon subsidization regime to one of significant carbon taxation regime, from a negative price to an implicit positive price on carbon emissions.
Economic Survey emphasizes need to improve agricultural productivity
Feb 27, 2015, at 07:42 pm
New Delhi, Feb 27 (IBNS): The Economic Survey 2014-15 states that as per the 2nd Advance Estimates, total Foodgrains production in the country is estimated at 257.07 million tonnes during 2014-15.
Measures to control food inflation, decline in crude prices result in declining trend in inflation
Feb 27, 2015, at 07:41 pm
New Delhi, Feb 27 (IBNS): The year 2014-15 (April-December) witnessed a substantial decline in inflation.
Economic Survey calls for 'Make in India' and 'Skilling India' balance
Feb 27, 2015, at 07:11 pm
New Delhi, Feb 27 (IBNS) The Economic Survey 2014-15 tabled in Parliament discusses the "Make in India" as the flagship initiative and a key policy objective of the new government.
Economic Survey projects over 8 pc GDP growth in 2015-16
Feb 27, 2015, at 06:36 pm
New Delhi, Feb 27 (IBNS) The Economic Survey 2014-15 tabled in Parliament on Friday ahead of the General Budget said the GDP growth at constant market prices is expected to accelerate to between 8.1 and 8.5 percent in 2015-16, indicating that it is time for big bang reforms.
Balmer Lawrie signs MOU with CGDA for air travel
Feb 27, 2015, at 04:08 am
New Delhi, Feb 26 (IBNS): A Memorandum of Understanding was signed between the Controller General of Defence Accounts (CGDA) and Balmer Lawrie & Co. Ltd. for the development and implementation of an air travel module in the Defence Travel System.
Feb 27, 2015, at 02:23 am
Mumbai, Feb 26 (IBNS) The Indian market has dropped and ended on a negative note on Thursday.
Feb 27, 2015, at 12:38 am
New Delhi, Feb 26 (IBNS) National Stock Exchange (NSE), India’s leading stock exchange, intends to establish an International Exchange in GIFT SEZ area, a multi-services Special Economic Zone (SEZ) being developed as India’s first International Financial Services Centre (IFSC) by GIFT SEZ Ltd. a wholly owned subsidiary of Gujarat International Finance Tec-City Company Ltd (GIFTCL) known as GIFT City.
Railway's five-point execution strategy
Feb 26, 2015, at 09:31 pm
New Delhi, Feb 26(IBNS) Railway Minister Suresh Prabhakar Prabhu has said the goals of transforming Indian Railways will be achieved with a five point execution strategy.
Cabinet approves establishment of NDB, CRA
Feb 26, 2015, at 06:11 am
New Delhi, Feb 25 (IBNS) Union Cabinet, chaired by the Prime Minister, Narendra Modi, on Wednesday gave its approval for establishing the New Development Bank (NDB) and the BRICS Contingent Reserve Arrangement (CRA).
Cabinet passes creation of two additional benches of the Authority for Advance Rulings
Feb 26, 2015, at 06:10 am
New Delhi, Feb 25 (IBNS) Union Cabinet, which was chaired by Prime Minister Narendra Modi, on Wednesday gave its approval to the creation of two additional benches of the Authority for Advance Rulings (Income Tax), one in New Delhi and one new bench in Mumbai;
FIAT Chrysler Automobiles India organizes free national check-up camp
Feb 26, 2015, at 04:26 am
New Delhi, Feb 25 (IBNS): FIAT Group Automobiles India Pvt. Ltd (FGAIPL) will organize free mega check up camp at its exclusive dealerships for 3 days from Feb 26 to 28.
FedEx earns 12 spot on Fortune World's Most Admired Companies List
Feb 26, 2015, at 04:09 am
Mumbai, Feb 25 (IBNS): FedEx Corp. is once again among the most admired companies in the world, according to a survey published in Fortune magazine.
Sensex, Nifty close marginally up
Feb 26, 2015, at 01:51 am
Mumbai, Feb 25 (IBNS) The Indian market finished marginally higher on Wednesday with the BSE Sensex closing 29,007.99.
Feb 25, 2015, at 03:47 am
The economy is exhibiting sharp green shoots and the government has provided a big dose of confidence to potential investors. However, now the focus would be on finding funds for many development projects announced by the Hon’ble Prime Minister during electoral campaigning such as Swachh Bharat, modernization of Railways, Skill India, Clean Ganga among others.
-1424796002.jpg "Inidan Budget Expectations")
Feb 25, 2015, at 03:40 am
Education is one of the cornerstones upon which our society is built and hence the right to education has been recognised as a fundamental human right. Widespread affordable education without restrictive impedances can help generate employability and build sustainable societies leading to economic development. Education loans with discounted rates and relaxed norms, specifically targeted to include those unable to garner the cost of education, especially in the rural pockets, could be the right step in this direction.
-1424793933.jpg "Budget Expectations")
Feb 25, 2015, at 03:05 am
We hope the Union Budget 2015 will sanction favorable economic policies to foster an innovation driven ecosystem that addresses the unmet medical need in India. Impetus to healthcare and biopharmaceuticals in particular is critical in finding innovative solutions to address the huge disease burden especially in chronic health diseases such as cancer, diabetes, heart diseases and respiratory disorders. We are optimistic the Union Budget 2015 will focus on:
Feb 25, 2015, at 02:57 am
Like every year, as we approach the end of February, the discussion on expectation from the Union Budget is an area of focus for all. However, this year is different with the Government under the leadership of Mr. Narendra Modi presenting its first full year Budget with lot more optimism all levels.
Acreaty bags Business Excellence Award by Kailash Satyarthi
Feb 25, 2015, at 12:07 am
New Delhi, Feb 24 (IBNS): Acreaty, a leading HR consulting firm recently bagged 'Business Excellence Award' at JIMMC 'Navrang' Media Fest 2015.
Finance Commission recommends higher share of central taxes to states
Feb 24, 2015, at 10:14 pm
New Delhi, Feb 24 (IBNS): The 14th Finance Commission report, which was tabled in the Lok Sabha on Tuesday, has suggested raising share of states in central taxes to 42 percent from current 32 percent.
Afghanistan likely to open consular office in Kolkata
Feb 24, 2015, at 06:10 pm
Kolkata, Feb 24 (IBNS): Afghanistan is considering to open a consular office in east Indian city of Kolkata, its envoy to India said on Monday.
ICICI Bank organises coin exchange mela at Panaji branch
Feb 24, 2015, at 05:23 am
Panaji, Feb 23 (IBNS): ICICI Bank Ltd, a private sector bank, organised a Coin Exchange Mela at its Panaji Patto branch in Goa, under the guidance of the Reserve Bank of India.