Government plans more steps to revive growth
NEW DELHI (Reuters) - The government plans to take more steps in the next few weeks, which combined with the measures taken so far will help turn around the economy, the finance minister said on Friday.
P. Chidambaram, however, did not elaborate on the planned measures.
Asia's third-largest economy is headed for the weakest full-year growth in a decade, at about 6 percent, far below the near double-digit pace before the global economic downturn. (Reporting by Manoj Kumar; editing by Malini Menon)
- Tweet this
- Share this
- Digg this
- In his native Alabama, Apple CEO's announcement he is gay prompts discomfort for some
- U.S. nurse defies Ebola quarantine with bike ride; negotiations fail
- Nurse defies Ebola quarantine with bike ride; negotiations fail |
- Islamic State fighters kill 220 Iraqis from tribe that opposed them
- UPDATE 3-Starbucks Americas sales disappoint on softer traffic
The BSE Sensex and Nifty on Friday rose to their second consecutive record highs. The 30-share Sensex surged as much as 1.5 percent to an all-time high of 27,759.01. The broader Nifty gained as much as 1.49 percent to a record of 8,291.65. Full Article
China's shadow banking sector growing rapidly, third largest in world - FSB. Full Article