
Manipal: Amid persisting global uncertainties, Finance Minister Pranab Mukerjee on Saturday said that India's domestic demand, high savings rate and regulatory mechanisms make it a resilient economy. He, however, emphasised upon the need for increased coordination among countries to realise collective gains in the face of global economic woes. Mukherjee further said that performance of Asian economies in short to medium-term is crucial not only to keep the engine of...

10:48 PM, May 26, 2012

Morgan Stanley has cut India's 2012 economic growth forecast to 6.3 per cent from prior 6.9 per cent; 2013 forecast to 6.8 per cent from 7.5 per cent. On a financial year basis, Morgan Stanley expects FY13 growth at 6.3 per cent and FY14 growth at 6.9 per cent. "Bad" growth mix - a combination of high national deficit and an expansionary policy of supporting consumption while private investment slows...

03:11 PM, May 21, 2012

Mumbai: The Reserve Bank of India is likely to begin easing monetary policy to address concerns about economic growth, Governor Duvvuri Subbarao said in a BBC interview, reiterating comments made by the RBI when it kept rates unchanged on December 16. "From here on, we could expect reversal of monetary tightening. But it's difficult to say when that will take place and in what shape it will roll out," Subbarao...

10:42 AM, Jan 02, 2012

Washington: The International Monetary Fund on Tuesday said it was trimming its forecasts of economic growth for Indian, China and other Asian developing economies due partly to slower growth in the rest of the world. Asian "growth remains strong, although it is moderating with emerging capacity constraints and weaker external demand," the IMF said in its latest World Economic Outlook. The IMF said it expected China's economy to grow 9.5...

09:36 AM, Sep 21, 2011

London/Bangalore: The United States and euro zone are "dangerously close to recession," Morgan Stanley said on Thursday, criticising policymakers and predicting the European Central Bank will have to reverse its rates policy. The Morgan Stanley research note, which cut global growth forecasts, was cited by stocks traders as adding to market nervousness over the US and euro zone debt crises and the economic drag of austerity measures in debt-burdened countries....

11:15 PM, Aug 18, 2011

New Delhi: The country will get a normal monsoon this year, according to first official monsoon forecast for this year. Forecast on the onset dates will be out next month. The Met department said that the monsoons this year will be on time, and normal, a news that will have India rejoicing. Earth Sciences Minister Pawan Kumar Bansal said, Monsoon will be normal at 98 per cent of average. Monsoon...

04:31 PM, Apr 19, 2011

Mumbai: Mercury hit the 41.6 mark yesterday, breaking the Colaba record set in 1981; it was just 0.1 degrees shy of the all-time record set in Santa Cruz in 1956. P.S.: Japan's quake is not the reason for the scorching heat. If you spent all of yesterday wondering why it was so hot, here's a garma garam update for you. The mercury hit 41.6 Celsius yesterday in Colaba, setting a...

12:49 PM, Mar 17, 2011

Pathankot: Concerned over changes in weather pattern, the Centre has decided to import state-of-the-art super computer for accurate forecast which will help an estimated five crore farmers and fishermen. The super computer will alert the farmers who could take steps in advance to save their crops and also alert the fishermen to take safety measures before venturing into the sea, Union Minister of State for Planning, Science and Technology and...

07:35 PM, Feb 18, 2011

Singapore: Studying the way glass or other brittle objects shatter can help scientists hone their weather forecasts and predictions of future climate, a study released on Tuesday says. The study found that tiny particles of dust, released into the air when dirt is broken apart, follow similar fragmentation patterns as glass. Dust plays a crucial climate role because it can affect the amount of the sun's energy absorbed by the...

05:28 PM, Dec 29, 2010

Central bank sees signs of economic revival, revises its forecast. ...

08:19 PM, Jul 27, 2009

According to the Met Dept the monsoon will soon move into parts of Northeast. ...

09:20 AM, Jun 27, 2009

The forecast has been made by the Met department. ...

05:02 PM, May 21, 2009

Wipro Ltd is India's third-largest software services exporter. ...

11:51 AM, Apr 22, 2009

How to have a great skin despite the sun and heat. ...

04:04 PM, Apr 21, 2009

Hot summer, absent El Nino set to aid annual rain cycle. ...

05:18 PM, Apr 16, 2009