Search Results for: economic recession

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Jaipur set to welcome authors, publishers for literature festival

Jaipur, Jan 21 (ANI): India's pink city Jaipur will welcome authors, writers, speakers at Asia's largest literary festival which begins on Wednesday (January 21). Regional language novelists and writers will rub shoulders with Man Booker prize winners and Nobel laureates at the 8th edition of Jaipur Literature Festival (JLF), which will be held in Diggi Palace in Jaipur. The writers will converge in the city for five days of readings, debates and discussions. Chief Minister of Rajasthan, Vasundhara Raje, is scheduled to inaugurate the festival, where over 200,000 visitors are expected. The event is seen as an agenda-setter on key issues from the global economic crisis to the rise of e-books, the current state of politics in the Middle East to the increasing importance of Indian language publishing. Jan 21, 2015

Lack of confidence in euro zone has been overcome, says German finance Minister in New Delhi

New Delhi, Jan 21 (ANI): German Finance Minister, Wolfgang Schauble, said the euro zone has overcome a lack of confidence and is working to boost growth, but emerging nations should take the lead in reviving the global economy, in a seminar at New Delhi. Schauble, who is on a two-day India visit, to enhance bilateral economic relations, addressed a seminar entitled "Europe and India in the face of Globalisation" hosted by the Indian business group Federation of Indian Chambers of Commerce and Industry (FCCI) where he reassured India that the euro zone is not about to lurch into a fresh crisis. Asked about the impact of the Russia-Ukraine conflict, Schaeuble said whole of Europe has faced a lot of problems with Russia, but the most problems are faced by Russia itself. Europe would "deliver its fair contribution" to global growth, Schauble also said, while calling on emerging economies like India to make a bigger contribution. Later in the day, Schauble held a bilateral meeting with Indian counterpart, Arun Jaitley, in the capital. On Monday (January 19) Schauble also met Indian Prime Minster, Narendra Modi. Jan 21, 2015
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Deadly attacks drive Pakistan coffin boom

A grim economic lifeline has emerged from northwest Pakistan's raging Islamist insurgency for some enterprising locals -- a boom in coffin sales. Duration: 01:05 Jan 21, 2015
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PM Modi meets German finance minister to boost bilateral ties

New Delhi, Jan 20 (ANI): Prime Minster Narendra Modi met German Finance Minister Wolfgang Schuble, who is on a two-day India visit, to enhance bilateral economic relations. The meeting was described as a courtesy call by the Prime Minister's Office (PMO). Earlier in the day, Schuble, at a meeting with businessmen at Confederation of India (CII) expressed keen interest in working with India on the manufacturing sector, especially in the auto and solar energy industries. Schuble's announcement of the German manufacturing industry's readiness to participate in Modi's 'Make in India' policy comes after US Secretary of State John Kerry brought up worries of the Obama administration over the initiative. The German Finance Minister is scheduled to hold talks with Indian Finance Minister Arun Jaitley on Tuesday. Jan 20, 2015
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