| Govt to push Bill for setting up green body in current session | 21-NOV-09 |
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| The government will try to pass the National Green Tribunal Bill, 2009, in the current Parliament session. The Bill aims at establishing an autonomous tribunal, independent of the Ministry of Environment and Forests (MoEF), for environmental clearance of development projects and providing relief and compensation to people affected by natural calamities. |
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| Possibility of a financial crisis cannot be ruled out: Rangarajan | 20-NOV-09 |
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| With the developed world seeing a fragile recovery from the recession, projected to be a modest 1-2 per cent in the second half of 2009-10, a further financial crisis was not completely ruled out, said C Rangarajan, chairman of the Economic Advisory Council (EAC) to the Prime Minister. |
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| After you, globe | 18-NOV-09 |
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| Eurozone economy: The eurozone’s economy is at last inching forward. Germany is in front. But it would be a mistake to portray either Germany or the broader eurozone as strong. Most of the region, though not Spain or Greece, has shifted into first gear. The confidence needed to accelerate into second seems lacking. Instead, the eurozone is still looking for a tow from a stronger world. |
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| India's economy may grow by 6-7% in FY10: CII | 17-NOV-09 |
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| India Inc today projected the country's economic growth in the range of 6-7 per cent for this fiscal, but slackening global demand remains a major concern for the community, industry body Confederation of Indian Industry (CII) said. |
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| D&B pegs GDP growth for Q2 FY10 at 6.3% | 17-NOV-09 |
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| Real Economy: IIP grew by 9.1% during Sep-09 after growing by an upwardly revised 10.9% during Aug-09, underpinning the sustained recovery path that the Indian economy has set upon. However, there exist certain downside risks to growth such as mounting inflationary expectations and a lower agricultural growth due to deficient rainfall. |
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| The next chapter | 17-NOV-09 |
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| Economic Spot-check: The shoots are really green. It has taken a while, and it’s still fragile, but the global economy is now growing rather than shrinking. Last week the eurozone joined the US and Japan in the “positive GDP” club. But as yet there are few signs of a post-recession growth spurt. The Breakingviews Economic Spot-check index, which runs from one to five, stayed at 2.7, well above Slow Decline but still little below Stability. |
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| India to be $2 trn economy by 2014-15: Enam | 16-NOV-09 |
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| India will be a $2 trillion economy in the next five years as its GDP growth is likely to average at 12 per cent in nominal terms, powered by a huge consumption demand, Enam Securities has said. |
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| Global construction mkt to hit $12.7 trn, India to lead | 16-NOV-09 |
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| The global construction market is expected to soar to a size of $12.7 trillion by 2020 with the sector output likely to rise sharply over the next decade driven by emerging markets like India, China and Brazil, a report says. |
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| CMIE ups GDP growth forecast to 6.2% | 16-NOV-09 |
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| The Centre for Monitoring Indian Economy (CMIE), has revised its real gross domestic product (GDP) growth forecast for the current fiscal year to 6.2 per cent from the earlier six per cent. |
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| Early signs of a recovery | 16-NOV-09 |
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| The global economic recovery augurs well for domestic companies having a large exposure to overseas markets. |
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| Pain, gain, drain | 16-NOV-09 |
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| Recession hangover: Jubilation? No, something more like quiet relief is in order. The eurozone has joined the US and Japan in saying farewell to quarterly GDP declines. That's an improvement on the freefall which looked possible in early 2009. But even if this still tentative recovery proves durable, the economy has suffered too much damage and is still too fragile for anything more exuberant. |
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| Markets at a glance | 16-NOV-09 |
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| Assurances from governments that stimulus packages around the world would continue and China's strong industrial production numbers were welcomed by the markets. Indian government's thrust on disinvestment also lifted market sentiments as proceeds may be used to reduce fiscal deficit that is expected at 6.8 per cent of GDP for this fiscal. |
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| 'Outlays have had no relationship with outcomes' | 15-NOV-09 |
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| As an Indian, and one who has held high ministerial office, it is only right that I begin by portraying the reality of my own country before drawing comparisons with my South Asian neighbours. The World Food Programme tells us that half the world’s hungry live in India. |
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| T N Ninan: No one barked | 14-NOV-09 |
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| If you’re looking for the dog that did not bark, look no further than the (lack of) response to the government’s recent economic policy pronouncements. Two weeks ago, the home minister announced the Cabinet’s decision to list on the stock market all qualifying (e.g. profitable) state-owned companies, with a minimum float of 10 per cent. Already listed companies with a smaller float would take up their public stake to 10 per cent. |
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