The World Bank has asked the developing countries like India and Brazil to safeguard their economic growth, given that the world economy remains fragile and growth in high-income countries is weak four years after the onset of the global financial crisis. Developing countries need to focus on raising the growth potential of their economies, while strengthening buffers to deal with risks from the euro area and fiscal policy in the...
11:37 AM, Jan 16, 2013
The Indian economy suffered $1.6 billion in illicit financial outflows in 2010, capping-off a decade in which it experienced black money losses of $123 billion, according to a new report. India is ranked as the decade's 8th largest victim of illicit capital flight behind China, Mexico, Malaysia, Saudi Arabia, Russia, the Philippines, and Nigeria, respectively in the report by Global Financial Integrity, a Washington-based research and advocacy organization. ...
10:27 AM, Dec 18, 2012
European leaders rejected the pressure to deliver quick new measures to fight their debt crisis, even as the G20 said the focus should be on growth more than austerity. ...
08:06 AM, Jun 20, 2012
Los Cabos: In a big success for India, the G20 countries on Wednesday agreed to give priority to investment in infrastructure in developing countries as a way to stimulate global growth which has been stunted due to the faltering world economy and the Eurozone crisis. "We will intensify our efforts to create a more conducive environment for development, including supporting infrastructure investment," said a 14-page declaration released at the end...
07:08 AM, Jun 20, 2012
New Delhi: Illiteracy is costing Indian economy more than $ 53 billion a year, a report has estimated. According to the report titled 'Economic and Social Cost of Illiteracy' by World Literacy Foundation, illiteracy costs India an estimated $ 53.56 billion. The losses to China are pegged higher at $ 135.60 billion. Russia at $ 28.48 billion and Brazil at $ 27.41 are placed at the third and fourth places...
10:17 PM, Apr 11, 2012
London: Stroke is one of the main cause of death among people over the age of 65 in developing countries like India and China, according to new research. The study surveyed 12,373 people aged 65 and over between 2003 and 2005 in a total of 10 urban and rural sites in India, Cuba, the Dominican Republic, Venezuela, Peru, Mexico and China, documenting over 2,000 deaths over a three to five...
08:11 AM, Mar 01, 2012
India is the 4th biggest carbon emitter after China, US and Russia. ...
12:25 AM, Oct 21, 2009
According to the study, the largest number of migrants will head to the US. ...
01:27 PM, Mar 12, 2009
In 2009, one hundred mn people to live on less than $2 a day. ...
11:14 AM, Feb 16, 2009
PM Manmohan Singh asked world leaders to refrain from protectionism. ...
08:26 AM, Nov 16, 2008
The WTO members had agreed that developing countries would have to take less cuts than developed countries. ...
08:42 PM, Feb 22, 2007
