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Centre pushes coastal zones to boost exports

Underlining the critical role of large-scale manufacturing in export-driven growth, the Centre on Wednesday sought the support of state governments for creating coastal economic zones that can come up quickly and exploit world markets.

Japan planning stimulus package of $265 billion

Japanese prime minister Shinzo Abe on Wednesday announced plans for more than 28 trillion yen ($265 billion) in economic stimulus in an effort to prop up the nation’s economy.
The

Clinton makes history with US presidential nomination

Hillary Clinton secured the Democratic Party’s White House nomination, coming back from a stinging defeat in her first presidential run in 2008 and surviving a bitter primary fight to become

Govt may take DBT route to transfer MSP bonus

The government is considering a plan to transfer the bonus over and above the minimum support price (MSP) of crops directly to farmers’ bank accounts through the DBT scheme so

Defence PSUs can float JVs with foreign firms

The Centre has allowed nine state-run defence companies to freely float joint ventures and special purpose vehicles (SPVs) with foreign and domestic companies.
The government has decided to abolish separate

GST bill: Union cabinet drops 1% additional tax

Paving the way for its introduction in the Rajya Sabha, the Union cabinet has cleared changes in the GST Constitution amendment bill for full compensation to states for losses in

States asked to speed up implementation of e-NAM

The Centre on Wednesday asked state governments to speed up implementation of electronic-national agriculture market (e-NAM) to achieve the target of integrating 200 mandis by September this year.

Japan PM unveils more than $266b stimulus package

Japan launched an economic stimulus package worth more than 28 trillion yen ($266 billion) on Wednesday, days before the central bank is expected to unveil its own growth-boosting measures.

Monsoon to push GDP growth to over 8%: Panagariya

A good monsoon can help add “a percentage point” to India's GDP growth in the current fiscal, from 7.6 per cent in 2015-16, NITI Aayog vice chairman Arvind Panagariya said on Wednesday expressing confidence in crossing the 8 per cent mark.

New suitor offers $1.3b for Sahara's overseas hotels

Scurrying for funds, embattled Sahara group has got a $1.3 billion offer from a new suitor for its three prized overseas hotels including the Grosvenor House and Park Plaza.

  • As the World Trade Centre came down in 9/11, it became the tallest building in the world to be destroyed.


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