Diplomacy
Chinese Premier Li Keqiang seeks trust in India as border issue continues to irk
Chinese Premier Li Keqiang is seeking to build trust with India on his first foreign trip since taking office, which comes just a few weeks after a military standoff between the Asian giants on their ill-defined border in the Himalayan mountains. Full Article | Slideshow
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FM: rate cuts to help India achieve 6.5 percent growth
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Finance Minister P. Chidambaram gestures during an interview in New Delhi September 15, 2005.
Credit: Reuters/Kamal Kishore/Files
NEW DELHI |
NEW DELHI (Reuters) - Reduction of interest rates will help India achieve a growth rate of 6.5 percent in 2013/14, Finance Minister P. Chidambaram told ET Now television channel on Friday.
Chidambaram on Thursday unveiled a surge in government spending, and said he expects the economy to grow at 6.5 percent in the next financial year ending in March, 2014.
(Reporting by Suvashree Choudhury; Editing by Anand Basu)
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