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5 days ago
India's growth rate to accelerate to 7.2% in 2018, 7.4% in 2019: UN

United Nations, Dec 11 (IANS) Overcoming the slowdown from demonetisation, the growth rate of India's economy is projected to accelerate from this year's 6.7 percent to 7.2 per cent next year and 7.4 percent in 2019 making it again the world's fastest growing major economy, the UN said on Monday. Despite the slowdown observed in early 2017 and the lingering effects from the demonetizatio...

6 days ago
Global banks undermining Paris climate goals, say reports

New Delhi, Dec 11 (IANS) On the eve of the historic Paris Climate Change Agreement's second anniversary, two new reports on Monday revealed how large banks and investors are actively undermining the climate goals by financing new coal-fired power plants. Investors from India account for six per cent of the institutional investments in coal plant developers. The reports provide da...

16 days ago
Fighting terrorism: India seeks cooperation among SCO countries

Sochi (Russia), Dec 1 (IANS) In keeping with India's continuous efforts in the fight against terrorism, External Affairs Minister Sushma Swaraj on Friday sought the cooperation of the member countries of the Shanghai Cooperation Organisation (SCO) in the fight against this global scourge. At the very outset, India strongly condemns terrorism in all its forms and manifestations, Sushma Sw...

1 month ago
India's global rank up for reducing greenhouse gas emissions

Bonn, Nov 15 (IANS) India is ranked 14th in this year's Climate Change Performance Index (CCPI) 2018 out of 56 nations and the European Union by environmental organisation Germanwatch, an improvement from its 20th position last year, for reducing greenhouse gas (GHG) emissions by opting to transform its electricity sector towards green technology. China, with its high emissions and growi...

1 month ago
America's Pledge commits climate action

Bonn, Nov 11 (IANS) In a first, California Governor Edmund G. Brown and United Nations Secretary-General's Special Envoy for Cities and Climate Change Michael R. Bloomberg released the America's Pledge report on Saturday at the UN climate change conference in this German city. The report is the first communication to the international community specifically addressing the scope and scale...

2 months ago
Oil prices rise amid OPEC monthly report

New York, Oct 12 (IANS) Oil prices rallied for a third straight session as the Organization of the Petroleum Exporting Countries (OPEC) said the oil market showed signs of rebalancing. The West Texas Intermediate for November delivery on Wednesday increased $0.38 to settle at $51.30 a barrel on the New York Mercantile Exchange, while Brent crude for December delivery rose $0.33 to close ...

2 months ago
India loses fastest growing economy rank; IMF slashes 2017 rate by 0.5 % to 6.7%

United Nations, Oct 10 (IANS) India has lost its rank as the world's fastest growing major economy in the International Monetary Fund's (IMF) tally after it slashed India's growth projection for 2017 by 0.5 percent to 6.7 percent on Tuesday. But an IMF official briefing the media about the World Economic Outlook report called it a blip in a longer term positive picture for India. ...

2 months ago
India loses fastest growing economy rank; IMF slashes 2017 growth rate by 0.5 % to 6.7%

United Nations, Oct 10 (IANS) India has lost its rank as the world's fastest growing major economy in the International Monetary Fund's tally after it slashed India's growth projection for 2017 by 0.5 percent to 6.7 percent on Tuesday. China edged slightly ahead to be the growth champion with a projected growth rate of 6.8 percent, according to the latest World Economic Outlook report.

4 months ago
Criminal proceedings will be launched in Panama Papers cases: Jaitley

New Delhi, Aug 1 (IANS) Finance Minister Arun Jaitley on Tuesday said in the Lok Sabha that criminal proceedings will be carried out in cases arising out of the Panama Papers disclosures, and the tax department will go into claims about people claiming NRI status to avoid scrutiny. I want properties from 1988 to be covered under the Benami Act. The money in foreign countries was reported...

4 months ago
Brics nations play key role in global economy: OECD

Paris, Aug 1 (IANS) The Brics countries will continue to play a key role in the global economy although they reported slower growth in recent years, said an expert with the Paris-based Organisation for Economic Cooperation and Development (OECD). Federico Bonaglia, deputy director of OECD Development Centre, told Xinhua news agency that slowdown in the growth of the Brics economies will ...

4 months ago
Of health, economy and mystery

New Delhi, July 28 (IANS) Get in-depth, comprehensive knowledge about the Zika virus; know about the continuously-changing economic system and immense complexity that enables it to offer more than 10 billion distinct products and services; flick through a work of detective fiction whose characters get their names from mythology. The IANS bookshelf has an interesting mix of fiction and no...

4 months ago
'23% of heart failure patients die within a year of diagnosis'

New Delhi, July 25 (IANS) In India, 23 per cent of heart failure patients die within one year of diagnosis, a study revealed on Tuesday, adding that the country is next to Africa where the rate stands at 34 per cent. Of the total deaths, 46 per cent were due to cardiac issues, while non-cardiac causes led to 16 per cent deaths in patients, at one year, according to the first comprehensiv...

5 months ago
Redefining gifting in India with technology

New Delhi, July 20 (IANS) Gifting has always been a part of Indian tradition and culture; a way to express love, gratitude, appreciation and good wishes. In the past decade, rising income levels, changing consumption patterns, nuclearisation of families, emigration, work-life balance and women's empowerment have led to a sharp change in the nature and form of gifting. The evolving scenar...

5 months ago
Xi urges Brics to push for peaceful settlement of regional disputes

Hamburg, July 7 (IANS) Chinese President Xi Jinping on Friday said the Brics member countries should unswervingly follow multilateralism and also urged the five-member bloc to push for political and peaceful settlement of regional conflicts and disputes. He made the appeal at an informal leaders' meeting of the emerging-market bloc, which groups Brazil, Russia, India, China and South Afr...

5 months ago
Xi urges Brics to promote open world economy, multilateralism

Hamburg (Germany), July 7 (IANS) Chinese President Xi Jinping on Friday urged the Brics members to unswervingly build an open world economy, champion multilateralism and promote common development. Xi put forward the proposals at an informal leaders' meeting of the emerging-market bloc, which groups Brazil, Russia, India, China and South Africa, ahead of a Group of 20 (G20) summit in the...

5 months ago
Modi ropes in ministers to attract investment, boost textile industry

Gandhinagar, July 2 (IANS) Prime Minister Narendra Modi on Sunday roped in seven union ministers to hard sell India on the final day of Textiles India-2017 event here to attract foreign investment in the textile industry and to boost domestic players while urging them to focus on creating jobs. Union Ministers M. Venkaiah Naidu, Nitin Gadkari, Ananth Kumar, Nirmala Sitharaman, Radhamohan...

5 months ago
Russia, China, US could pool efforts to tackle global problems: Lavrov

Moscow, July 1 (IANS) , Russian Foreign Minister Sergei Lavrov said that Russia, China and the US are able to come to terms on cooperation in addressing international problems. The three countries should work together instead of making alliances and competing with one another, Lavrov said at the Primakov Readings International Forum on Friday. It is impossible to say that the mod...

6 months ago
BRICS backs India's stand, asks nations to stop financing terror

Beijing, June 19 (IANS) Without naming Pakistan or any other nation, Foreign Ministers of BRICS countries on Monday asked the countries accused of supporting terrorism to stop financing terrorists and their activities after India told the five-country bloc to stop differentiating between good and bad terrorists and step up the fight against the global menace. In a joint statement release...

6 months ago
Now, cow protection on lines of Project Tiger: Minister

Mumbai, June 18 (IANS) Amid the controversy over the central notification that effectively bans sale of cattle for slaughter, Union Minister Hansraj G. Ahir on Sunday said the Centre was considering to set up 'cow sanctuaries' and initiate 'Project Cow' on the lines of Project Tiger. It is difficult to maintain cows which are not self-sustaining animals. We need to protect them by settin...

6 months ago
Chinese PM set to begin Europe tour

Beijing, May 29 (IANS) Chinese Prime Minister Li Keqiang will begin his Europe tour on Tuesday aimed at enriching Beijing's ties with the European Union (EU), officials announced on Monday. Li will travel to Germany and Belgium and along with European Commission President Jean-Claude Juncker and European Council President Donald Tusk will preside over the 19th China-EU leaders' meeting o...

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