Search Results for: economic recession

sushma-swaraj-advocates-for-greater-media-role-in-strengthening-bilateral-relations-at-india-china-m

Sushma Swaraj advocates for greater media role in strengthening bilateral relations at India-China M

Beijing, Feb 01 (ANI): The second meeting of the India-China Media Forum was jointly inaugurated by External Affairs Minister Sushma Swaraj and Minister of State Council Information Office of China, Jiang Jianguo in Beijing on Sunday. The two leaders highlighted the increasingly important role of the media in enhancing the understanding about each other in their respective countries. The Chinese Minister called upon the media for an objective reporting and increase coverage on economic cooperation. About 40 journalists, twenty from each side are participating in the Media Forum. Following the same, the two ministers also witnessed a photo exhibition showcasing India-china relations in recent years. Feb 1, 2015
india-revises-up-2013-14-gdp-growth-to-6-9-percent

India revises up 2013/14 GDP growth to 6.9 percent

New Delhi, Jan 31 (ANI): India revised its economic growth to 6.9 percent from 4.7 percent in the fiscal year to March 2014 after the government changed the formula to measure the economy, a move that will make it easier for the government to meet fiscal deficit goals. The new measurement of Gross Domestic Product (GDP) includes under-represented and informal economic sectors as well as items such as smartphones and LED television sets. The government also revised its GDP for 2012/13 to 5.1 percent from 4.5 percent earlier. New Delhi revises the method of calculating national accounts and other macro data every five years, bringing in a newer base year and adjusting for changes in the economy. It will now use 2011/12 as the new base year, instead of 2004/05. The new methodology moves India more in line with global standards by measuring the economy at market prices, and by tracking consumer rather than wholesale inflation. Jan 31, 2015
lagarde-imf-backs-economic-reforms-in-senegal

Lagarde: IMF backs economic reforms in Senegal

Christine Lagarde, head of the International Monetary Fund (IMF) visited Senegal Thursday to renew her support for economic reform in the country and for investment in those countries in west Africa worst hit by the Ebola virus. Duration: 00:34 Jan 30, 2015
pakistan-expresses-concern-over-india-us-nuclear-deal

Pakistan expresses concern over India-US nuclear deal

Wagah Border, Jan 30 (ANI): Pakistan ambassador to India, Abdul Basit expressed concern over India-US nuclear deal. Pakistan said that the deal, which was signed during President Barack Obama visit to New Delhi, would have a detrimental impact on deterrence stability in South Asia. Further, it termed the agreement a move for political and economic expediencies. Explaining his absence from New Delhi during Obama’s visit, Basit said he was on a private visit to Pakistan. Islamabad also opposed New Delhi’s bid for membership to the 48-member Nuclear Suppliers Group (NSG) and a permanent seat in the UN Security Council. However, Basit added that Pakistan wanted good relations with India. Jan 30, 2015
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