IMF
During the course of their meeting in Brazil on Tuesday, the leaders of the BRICS countries – Brazil, Russia, India, China, and South Africa – gave their approval to the formation of the BRICS Bank. It was back in 2011-12 that India – during its chairmanship of the BRICS grouping – had floated the idea of [...] Continue Reading »
The Colliers International report crunched out some extremely valuable numbers, while providing great insights on the residential property market. India grew at 4.7% in the 4th quarter, 2013 in comparison to 4.8% recorded in the previous quarter. The business confidence levels (BCI), however, rose from 45.7 in the previous quarter to 54.9 during the 4th [...] Continue Reading »
After one year of its formation, the Cabinet Committee on Investment (CCI) is said to have unlocked 144 stalled infrastructure projects worth Rs 5.27 lakh crore. 253 more projects, however, with an investment of Rs 12.82 lakh crore, are still stuck for various clearances. Power, coal, steel, petroleum & natural gas, and road transport & highways sectors form [...] Continue Reading »
