Economy expected to grow by 6% in FY 03: Icra
New Delhi: The Indian economy is expected to grow by six per cent this fiscal as against 5.4 per cent in 2001-02, mainly due to better performance of services and industrial sectors, credit rating agency Icra said on Friday.
Back to News Review index page  
PFC sets funding target for 10th plan at Rs 43,500 crore
New Delhi: The state-run Power Finance Corporation (PFC), whose profit has increased to Rs 392 crore for the quarter ended June 30, proposes to fund about Rs 43,500 crore during the 10th Plan, which is an increase of 150 per cent over the level made in Nineth Plan.
Back to News Review index page  
Higher farm income seen stopping child work in cocoa plantations
Geneva: The international chocolate industry believes that raising the income of farmers in poor countries is the ultimate way to banish the damaging image of child exploitation in the cocoa plantations.
Back to News Review index page  
Global stock slide to take a toll on G-7 countries growth
Steep stock losses could knock nearly three-quarters of a percentage point off growth in the Group of Seven industrial countries this year and hit US consumption and growth even harder, economic models suggest.
Back to News Review index page  
Global slowdown hits IT sector in Karnataka
Bangalore: The global slowdown in the IT sector seems to have brought down the growth rate of IT sector in Karnataka to 30 to 35 per cent in 2001-02 as against over 70 per cent in the previous year.
Back to News Review index page  
Staggered Kashmir polls from Sept 16 to Oct 8
New Delhi: The Assembly elections in Jammu and Kashmir will be held in four phases on September 16 and 24 and October 1 and 8, the Election Commission announced here on Friday setting aside speculation that the polls may be deferred.
Back to News Review index page  
Govt gives in to coal unions, dumps privatisation move
New Delhi: Under pressure from coal miners, the government has agreed not to move any amendments to the Coal Mines Nationalisation Act, aimed at permitting private sector participation in the sector pending discussions with the group of ministers.
Back to News Review index page