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June 13, 2013 2:07 PM

WB forecasts 6.7% growth rate for India by next fiscal

The World Bank today forecast a 6.7 per cent growth rate for India by next fiscal as exports and private investment are projected to provide a boost to its growth. In its latest 'Global Economic Prospects' report released in Washington, the World Bank said, South Asia's regional growt...

June 13, 2013 12:20 PM

World Bank cuts China growth forecast

The World Bank has cut its growth forecast for China amid warnings of slower but more stable global growth over the coming months. The bank now expects the China to grow 7.7 per cent in 2013, down from its earlier projection of 8.4 per cent. It also cut the forecast for global economic growth to 2.2...

June 13, 2013 12:12 PM

No reason for panic over rupee fall; will stabilize soon: FM

The government today said, there is no need for panic on the rupee depreciation and hoped that the rupee will regain the losses suffered during the last few days. Talking to reporters in New Delhi, Finance Minister P Chidambaram said, there is no reason for panic over rupee decline as it will stabil...

June 13, 2013 11:43 AM

Cauvery Supervisory Committee rejects TN demand for its share of water

The Cauvery Supervisory Committee has rejected Tamil Nadu's demand for its share of water. The Committee said, it is not feasible due to deficit inflows and very low storage level in the reservoirs in Karnataka. The Committee's meeting yesterday was chaired by Union Water Resources Secreta...

June 13, 2013 11:10 AM

Cauvery Supervisory Committee rejects TN demand for its share of water

The Cauvery Supervisory Committee has rejected Tamil Nadu's demand for its share of water saying that it is not feasible due to the deficit in inflows and very low storage level in the reservoirs in Karnataka.The Committee meeting was chaired by Union Water Resources Secretary S K Sarkar, in wh...

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