Report: India to be world’s biggest economy in 2050
India will overtake China as the world’s biggest economy by 2050, a new report says. This follows China’s rise to the top spot in 2020 at the expense of the United States, according to the 2012 Wealth Report by Knight Frank and Citi Private Bank. The survey was published as India hosts the BRICS summit of emerging economies, which also includes More...
Pakistan’s negative list approach will enhance bilateral trade
New Delhi: The government Wednesday said Pakistan moving to the negative list for trade with India would substantially enhance the export potential to the neighbouring nation. “… it had been agreed that More...
Centre ready for fresh look at CST compensation issue: Pranab
New Delhi: Seeking to build bridges with states, Finance Minister Pranab Mukherjee Wednesday said he would look into their demand for Central Sales Tax (CST) compensation and deal with the problem of debt-ridden More...
Drive against blackmoney ongoing process: Govt
New Delhi: Government on Wednesday said it is taking various measures, including use of information technology, as part of its drive to check blackmoney and tax evasion. “Drive against blackmoney/tax evasion More...
BRICS summit in Delhi begins today
New Delhi: BRICS summit kicks off in New Delhi today where leaders of the emerging economies – Brazil, Russia, India, China and South Africa are set to discuss trade ties and several global issues. New areas More...
Coal mining row: CAG hits back at Coal Minister
New Delhi: Official auditor CAG may not alter the Rs 10.76 lakh crore loss to exchequer it had projected in the draft report on allocation of coal blocks in 2004-2009 but is likely to replace the term “loss” More...
BRICS trade ministers’ meeting today
New Delhi: Ahead of the BRICS Summit on Thursday, trade ministers of Brazil, Russia, India and South Africa (BRICS) will meet here on Wednesday to discuss ways to strengthen economic ties. Commerce and Industry More...
Cash no problem; consensus is, for BRICS bank
Johannesburg: A BRICS development bank will be very useful, particularly to Africa, but a major challenge that may come on its way is aligning the interest of the member countries, said experts. “Within the More...
Investments will boost India, US economies: Harvard India meet
Boston: The role of bilateral foreign direct investment in boosting the economies of India and the United States was highlighted at the Harvard India Conference here on the theme of “India: The Next Frontier.” Leaders More...
Goa cuts VAT, petrol becomes cheaper
Panaji: A cut in Value Added Tax (VAT) on petrol and Rs 1,000 allowance for housewives from families with annual income of less than Rs 3 lakh are among a series of populist measures in the budget presented by Goa More...
