New Delhi: Advising against cartelisation, Finance Minister P Chidambaram on Friday called upon the industry players to contribute towards sustaining the country's inclusive growth. "Economic growth can be sustained by good economy and policy, while inclusive growth can be sustained only through good conscience," Chidamabaram said at the corporate social responsibility award function of the Federation of Indian Chambers of Commerce and Industry (Ficci) in the city on Friday. Referring to Prime Minister Manmohan Singh's 10-point social charter, Chidamabaram asked the industry....
Mumbai: India's growth, despite current crisis of spiraling inflation, was robust and irreversible, a top World Bank official has said . "The growth path (of India) was robust and irreversible ... In the crisis situation growth can reduce but has the capacity to spring back," said, World Bank South Asia Region Vice- President Praful Patel. Adding further, he said, "However, to sustain and improve it further, the country will have to increase agricultural productivity by moving towards two crops per year, improved irrigation processes and recharge of groundwater".
India....
Kolkata: Algerian Ambassador Noureddine Bardad-Daidj on Friday said that the public sector Gas Authority of India Limited (GAIL) may be part of the USD 13-billion Trans-Sahara gas pipeline project.
Bardad-Daidj was addressing an interactive....
US-based IT firms outperform Indian peers
New York: Revenues of IT companies have been growing at a healthy rate but US-based firms witnessed higher revenue growth than their Indian counterparts.
While revenue of Indian IT companies grew 38 per cent in 2007, US-based service vendors....
Chidambaram rules out cut in import duty on crude oil
New Delhi: Finance Minister P Chidambaram on Thursday ruled out cut in import duty on crude oil, which has been ruling above USD 120 a barrel in the international market resulting in increased losses to state-owned oil marketing companies. "No.....
Indian infrastructure sector growth at 9.6 pc
New Delhi: The Indian infrastructure sector comprising six core industries grew at 9.6 per cent in 2008 fiscal, according to data released by the ministry of commerce and industry on Thursday.
Barring cement and finished steel, the other industries....
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