Economy and Business

IMF cuts India's growth projection, but it still retains world's top spot

The International Monetary Fund (IMF) cut India's growth projections for this fiscal year to 7.3 per cent and for the next to 7.5 per cent on Monday, although the country will still retain its top spot in the global growth league.

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TPP threat looms over Indian textiles

The Trans Pacific Partnership will hurt India’s trade with its most important export market — the US

How we cooked our goose at WTO

The US could prevail in the solar and poultry cases only because our ministries did not coordinate their strategies.

Stars (low oil price) help Modi government check inflation

Perhaps, stars are helping the Modi government in keeping inflation in check (due to low crude oil price); otherwise it would have been in financial troubles similar to what the previous UPA government was in, writes Susmit Kumar for South Asia Monitor.

Firm and careful step taken

The first giant step towards the implementation of a single goods and services tax for the country as a whole has finally been taken. Showing rare bonhomie, the Rajya Sabha voted to pass a constitutional amendment bill that will allow the Centre and the states to draft appropriate GST legislation. The next step is for the majority of states to ratify the bill. 

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In northeast India, water-management practices to deal with climate change

In a small village on the north bank of the Brahmaputra in Assam in northeast India, farmer Horen Nath stood gazing at his partially submerged paddy field. The floods had kept their annual date but mercifully, the farmer said, the waters have started receding. "The weather has become very strange of late. We always had ample rain,

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IMF cuts India's growth projection, but it still retains world's top spot

The International Monetary Fund (IMF) cut India's growth projections for this fiscal year to 7.3 per cent and for the next to 7.5 per cent on Monday, although the country will still retain i...

Read more...