Despite the enormous commodity potential in developing countries, agricultural finance has been decreasing steadily over the past 20 years
Unctad's GDP projection is broadly in line with forecasts by Indian agencies like the Reserve Bank of India and the Prime Minister's Economic Advisory Council, which have projected a growth rate of 7.9 per cent and 7.7 per cent respectively in 2008-09, as against 9 per cent recorded in 2007-08. Finance Minister P Chidambaram expects the Indian economy to expand by more than 8 per cent this year.
Despite the enormous commodity potential in developing countries, agricultural finance has been decreasing steadily over the past 20 years and new modes of financing are needed, says UN.
The report from the United Nations Conference on Trade and Development said that commodity exchanges in India and China are becoming major players in global markets.
A large pool of scientists and engineers coupled with the presence of world-class research institutes is pulling a number of trans national corporations
India is increasingly becoming an attractive destination for clinical research for pharma groups looking for faster and more efficient ways to test drugs for western countries
Indian Army Chief General Dalbir Singh Suhag will attend an inaugural United Nations conference on peacekeeping operations
The outward Foreign Direct Investment flows from India, particularly in manufacturing and Information Technology services, have increased since late 1990s even though country's firms were investing abroad for many years, a new UN report has said.
Foreign direct investment to the developing world surged by 40 per cent at $233 billion in 2004 driven largely by an increase in registered greenfield projects, half of which is accounted by India and China, UNCTAD said on Thursday.
The RBI has also been asked to consider displaying this information on its website.
Hectic preparations are on at the newly-formed Niti Aayog to welcome the first Vice-Chairman Arvind Panagariya and other members whose appointments were approved by Prime Minister Narendra Modi on Monday.
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Indian-American economist Arvind Panagariya has said that he is "honoured" to be appointed by Prime Minister Narendra Modi as the first Vice Chairman of the newly created NITI Aayog, which replaces the 65-year-old Planning Commission.
Playing down its unsuccessful bid to establish diplomatic ties with Bhutan, China on Monday said it is glad to see New Delhi and Thimphu develop their relations further during the just-concluded visit of Prime Minister Narendra Modi.
Pro-growth economist Arvind Panagariya has been appointed as first vice-chairman of the newly announced NITI Aayog, which has replaced the Planning Commission.
'The meanness of the board statement apart, it nowhere answers the most fundamental and damaging aspects of the deteriorating work culture among top company executives to which Narayana Murthy had been repeatedly drawing attention,' says B S Raghavan, the distinguished civil servant.
India stands at an embarrassingly low 130 among 190 countries in the World Bank's Ease of Doing Business rankings. But in our worry over it are we forgetting the big picture -- to make India an attractive investment destination -- wonders Avirup Bose.
Does Mrs Donald Trump realise that her immediate predecessor, Michelle Obama, is not the only hard act to follow, wonders Kanika Datta.
FDI inflows into India were $34 billion in 2014, up 22%.
'Let us hope that with Nandan, like Cincinnatus back on his farm, taking over the reins, Infosys will not only regain its vigour and momentum, but vastly improve upon its achievements as a global player,' says B S Raghavan, the distinguished civil servant.
In 2015, the Reserve Bank of India cut interest rates by 125 basis points to 6.75 per cent.
Opportunity for India to take leadership in economic diplomacy.
Experts tell Carnegie Endowment for International Peace that a Modi government may be Asia oriented, but the US will remain a deep influence. Aziz Haniffa reports
'One per cent of wealthy people have been handed over 99 per cent of our nation's resources. The rest are mute, helpless and very frightened spectators to this loot.'
This quiet assertion of China has allowed various smaller countries of South Asia to play China off against India. Most states in the region now use the China card to balance against the predominance of India. Forced to exist between their two giant neighbours, the smaller states have responded with a careful balancing act, says Harsh V Pant.
The Big Chill is an upmarket cafe in New Delhi's tony Khan Market and that's where Deora wanted to meet. He introduces me to his favourite cake: tiramisu with a generous infusion of Bailey's, the Irish creme liquor. I take a spoonful, recall the reading on the bathroom scales earlier that morning, and resolutely push it aside, writes Aditi Phadnis.
'Under Narendra Modi's leadership, we will be able to regain our rightful place in the community of nations,' veteran diplomat Hardeep Singh Puri, who joined the BJP on January 2, tells Rediff.com's Sheela Bhatt.
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