World Trade to grow by 4.7 percent in 2014: WTO

Global commerce is set to grow by 4.7 percent this year, in its annual report, the Geneva-based World Trade Organization said on Monday, as a recovery in rich economies is expected…

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EXPORTS DECLINED IN MARCH

India’s exports declined 3.15% in March, limiting the growth rate for 2013-14 to about 4% and falling short of the annual target by about $13 billion even as the trade…

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RBI GIVES BANKING LICENCE TO IDFC, BANDHAN FINANCIAL

The Reserve Bank of India (RBI) has decided  to grant “in-principle” approval to two applicants viz., IDFC Limited and Bandhan Financial Services Private Limited, to set up banks under the…

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RBI ANNOUNCED BI MONTHLY MONETARY POLICY

The Reserve Bank of India( RBI), in its first bi-monthly monetary policy statement, left the short-term lending rates, or repo rate, unchanged at 8 per cent and the cash reserve…

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JOSHNA CHINAPPA WON RICHMOND OPEN

  Joshna Chinappa of India ended a career-long losing run to Australia’s former world champion Rachael Grinham when she upset the top seed in straight games to win the inaugural…

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CAG EMPOWERED TO EXAMINE ACCOUNTS OF PRIVATE TELCOME COMPANIES: SUPREME COURT

In a judgement with far-reaching consequences across various business sectors, the Supreme Court(SC) on Thursday ruled that the Comptroller and Auditor General (CAG) was empowered to examine the accounts of private telecom…

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RUSSIAN PRESIDENT VISITED CRIMEA

Russian Prime Minister Dmitry Medvedev became the first Russian leader to visit Crimea since Moscow seized the Black Sea region from Ukraine, promising to shower economic benefits on the area…

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IRNSS: INDIA’S SECOND NAVIGATION SATELLITE

India on Friday successfully launched its second navigational satellite IRNSS-1B onboard PSLV C-24, taking a step closer to realising its ambitious programme ofestablishing an independent regional space-based navigation system. Currently only powers like the US’s…

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BAISAKHI

Baisakhi or Vaisakhi marks the beginning of the new spring year and the end of the harvest of rabi crop in India. The festival is celebrated with lot of enthusiasm…

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INDIA WORLD’S THIRD LARGEST ECONOMY IN TERMS OF PPP: WB

India has displaced Japan to become the world’s third biggest economy in terms of purchasing power parity (PPP), according to a World Bank(WB) report. The 2011 round of the bank’s International Comparison Program (ICP) ranked India after…

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