World Bank to commit $1 billion in clean India programme
World Bank today said it will commit $1 billion in the government’s Swachh Bharat (Clean India) campaign. World Bank’s country director in India Onno Ruhl said the World Bank is considering considerable large sums of financing for that. “The government has asked us at the highest... read more »
‘New packaging practice helped in lifting of EU ban on mango’
The European Union’s decision to lift ban on mango imports from India is a recognition of inspection process and new packaging practice now adopted by exporters, industry body FIEO said. “The new procedure requiring export of mangoes only through pack houses certified by APEDA under the... read more »
India’s growth rate to surpass China’s in 2016: IMF
WASHINGTON: India is expected to grow at 6.3 per cent this year and 6.5 per cent in 2016 by when it is likely to cross China’s projected growth rate, the IMF said on Tuesday while terming the new government’s reforms as “promising” but insisted that their implementation is... read more »
Nifty hits record high; HDFC & Axis Bank up 3-4%, GAIL dips
The Nifty touched record high at 8628 today, up 68.55 points or 0.80 percent at 8619.25 while the Sensex rose 249.88 points or 0.88 percent to 28511.89. About 1557 shares have advanced, 1142 shares declined, and 300 shares are unchanged on the Bombay Stock Exchange. Indiabulls Housing shares in... read more »
