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India is the fastest growing large economy in the world today. Despite this, one in every five Indians is poor. Multilateral agencies as well as governments are playing an active role in understanding problems relating to poverty and hunger and finding solutions to them. But these challenges are...

NEW DELHI: Admitting to "some discrepancies" in the GDP data, which soared to Rs 2.14 lakh crore in 2015-16 or up to 1.9 per cent, Chief Statistician TCA Anant today said the government is making efforts to minimise them. Some discrepancies in national accounts will always be there because of...

This past week the U.S. government announced the country’s economy rose in the January-March 2016 at a mere 0.5 percent annual growth rate. Since the U.S., unlike other countries, estimates its GDP based on annual rates, that means for the first quarter 2016 the U.S. economy grew by barely 0.1...

This thread is exclusively for india's climb up the value chain, in technology, manufacturing, services etc. I would like to invite my indian friends to keep sharing news from the local media outlets, about this development. I would like to know how india is evolving its machinery, machine...

Shantabai Babulkar's day begins before dawn with a 5-kilometer (3-mile) trek across barren fields and dusty scrubland to fetch water from a distant well. She balances two metal pots of muddy water atop her head, and carries a third in the crook of her arm — the only water she and her family of...

The US economy is facing a new "impossible trinity" that will most likely create major headaches for investors in stocks and bonds alike. In a note out Tuesday, Rineesh Bansal, an analyst at Deutsche Bank, wrote that the US economy was striving to achieve three outcomes: higher wages, more...

Air India is not new to controversies, flight delays or lousy treatment of its passengers but this incident shows that the Sarkari attitude at the national flier has really punched a hole through the fabric of its basic work ethics. As many as 110 passengers aboard an Air India aircraft were...

Footage has emerged of the moment an Airbus plane crashed to the ground while being moved. The disused Air India A320 aircraft was being transported near Begumpet Airport in Hyderabad yesterday when the incident occurred. It was being shifted from the airport to the airline's cadet training...

U.S. retail sales fell less than expected in February, but a sharp downward revision to January's data could reignite concerns about the economy's growth prospects. Tuesday's weak report from the Commerce Department bucked the trend of recent labor market data that had suggested the economy...

America's central bank could soon change course. The Federal Reserve's leaders predicted in December that they would raise rates about four times this year. But the Fed is now thinking twice after stocks and oil prices were rocked by volatility in January and February. "I have marked down my...

One of the Federal Reserve’s top policymakers has warned of increased risks to US growth and flagged up a troubling fall in inflation expectations, as caution continues to percolate through the central bank. William Dudley, president of the New York Fed, said hazards facing the US have...

Traditionally, low oil prices have been a boost to economic growth in the U.S. The crash in oil prices over the past two years, however, has produced a decidedly mixed picture – with potentially worrying implications for the economy as a whole. When oil prices fall, consumers spend less on...

One of the biggest mysteries in India’s budget is how much Prime Minister Narendra Modi allocated for a once-in-a-decade pay hike for government employees. QuickTake India’s Aspirations Economists covering India have spent the last few days scouring through some 1,500 pages of budget documents...

The ongoing agitation surrounding the Jawaharlal Nehru University (JNU), New Delhi, was sparked off by an event at the institution highlighting the plight of the Kashmiri people. Before delving into the depths of the debate, it may be pertinent to remember a few forgotten persons. I will begin...

Click on the chart for in depth premarket data It's getting ugly out there. European markets are falling fast and U.S. crude oil futures are down nearly 3%, sinking back below $27 a barrel. Investors are rushing to assets such as gold and bonds, traditionally seen as safe havens, after Fed Chair...

The US economy is flashing warning signs, particularly in the industrial and manufacturing sectors. Demand for oil, and particularly so-called distillates — which are refined oil products such as jet fuels and heating oils — is crashing. Here's the Barclays commodities team on the indicator...

(Reuters/IFR) - U.S. bank stocks and bonds took a pounding on Monday as recession fears compounded concern about their exposure to the energy sector and expectations that global interest rates are unlikely to rise quickly. The S&P 500 financial index, already the worst performing sector this...

India’s largest lender by assets, the State Bank of India (SBI), just got hammered by bad loans. The state-owned bank’s profit for the third quarter of the 2016 fiscal (October-December) fell 62% compared to a year ago, according to its earnings report (pdf) released on Feb. 11. Non-performing...

http://www.nytimes.com/2016/01/19/science/space/video-spacex-rocket-falcon-9-crash.html?_r=0