They will discuss the state of affairs of the world economy at their five-day World Economic Forum annual congregation.

They will discuss the state of affairs of the world economy at their five-day World Economic Forum annual congregation.

WTO member countries scheduled to meet at Davos are expected to discuss worrisome economic scenario and its impact on the global trade.

Planing Commission has sanctioned Rs 8,000 crore for development purposes in 11 backward districts in West Bengal.

Sharad Pawar said the 3.2 per cent growth rate is higher than average growth rate of 2.5 per cent in the 10th plan period.

Corporate affairs ministry has dropped 2 IPR-related clauses included in its draft National Competition Policy in July.

The IMF has pared its global growth forecast for the current year and the next year. In its latest World Economic Outlook, it lists multiple risks to the global economy that depress growth further.

Many say that the bill should be broadly acceptable to most political parties and should honour public opinion as well.

ADB said Asia's economies would expand 7.5 per cent this year, down from its 7.8 per cent forecast in April

The dismal factory output growth was on the back of a poor performance by manufacturing, mining and capital goods sectors.

CP Joshi said Road Ministry's efforts of introducing transparency has resulted in robust bids in the roads sector.

Industrial output growth in July slumped a lowest in 2 yrs putting pressure on RBI to pause its monetary tightening.

PM said that for a large road building programme, efficiency, economy, competition and transparency are vital.

Production of tea stood at 123.19 million kg in July 2010, while exports amounted to 16.58 million kg, according to data.

The healthcare sector, he said, was a focus area in the ongoing 11th Plan and efforts will continue in the 12th Plan.

CAG report on AI covers, among other things, the purchase of 111 aircraft for over Rs 40,000 cr. The report said that AI has accumulated debt of Rs 38,000 cr.

The report states that several countries in Asian Pacific regions, including China, Indonesia, Vietnam and Sri Lanka, have made big strides.

Food price index rose 9.55 per cent and the fuel price index climbed 12.55 per cent in the year to Aug. 27, government data on Thursday showed.

Goa, a major exporter of Iron Ore, saw the highest ever exports during the financial year 2010-11 through its twin ports.

Goa, a major exporter of Iron Ore, saw the highest ever exports during the financial year 2010-11 through its twin ports.

A new green-channel facility that will allow hassle-free and expeditious clearance of India?s $600-billion trade will be in place soon

A new green-channel facility that will allow hassle-free and expeditious clearance of India?s $600-billion trade will be in place soon

RBI not to target any specific level for rupee as India does not face a similar situation

RBI not to target any specific level for rupee as India does not face a similar situation

China?s reserves have been built on the back of its huge export earnings while countries in the Middle East have recourse to rich oil reserves.

Stocks are mounting in Maharashtras cooperative sugar factories, after traders halted lifting the commodity because of a continuous fall in its price. They fear prices may soon bottom out due to the huge supply of sugar for January.

Salaried taxpayers with no other income could get a respite from filing tax returns. The income-tax (I-T) department is open to examining a proposal to exempt them from the annual chore.

The proverbial light gleamed at the end of the tunnel today for Lavasa Corporation. The ministry of environment & forests agreed to consider clearance to the companys hill-side project near Pune, subject to stringent conditions.

The Central Board of Direct Taxes (CBDT) is formulating a far-reaching immunity scheme to prompt the repatriation of unaccounted money parked overseas. The proposed scheme could be one of the major announcements of Finance Minister Pranab Mukherjees forthcoming Budget speech.

Budget 2011-12 could widen the excise duty net to include more small & medium enterprises (SMEs), as the finance ministry wants to reduce the threshold for exemption from the current Rs 1.5 crore. This would be a step towards aligning the duty structure with the proposed goods & services tax (GST), wherein the government has suggested a uniform threshold of Rs 10 lakh for both Centre and states.

In a scathing indictment, the ministry of environment & forests has ordered the demolition of the 31-storey Adarsh Cooperative Housing Society building within three months.

State-owned oil marketing companies today raised petrol prices by up to Rs 2.54 a litre. The increase, second in 30 days, comes on the back of rising international crude oil prices. With effect from midnight, Indian Oil outlets will sell petrol at Rs 58.37 a litre. The price at HPCL and BPCL will be Rs 58.39 a litre.

Rising prices have taken a toll on major reforms in the sugar industry. Decontrol of sugar is off the governments agenda.

Nineteen Eighty-Four may arrive sooner than you think. And, it will be the income-tax department that could take on the role of an Orwellian Big Brother should the government clear a far-reaching proposal to create a directorate of criminal investigation on the lines of a similar wing of the internal revenue service in the US.

After two days of discussions on price-control measures at the highest level, the government today announced the setting up of an inter-ministerial group to streamline and monitor food prices. It also pressed for stringent action against hoarders, vowed to strengthen the public distribution system and sought to intensify commodity purchases by PSUs for distribution.

A team from CBIs bank securities & fraud cell in Delhi visited SBI's offices in Mumbai and Delhi and held discussions with senior officials of the bank. The CBI office, however, said no search operations have been conducted so far.

Industrial growth, as measured by the index of industrial production (IIP), slumped to an 18-month low of 2.71 per cent in November 2010. The performance of the manufacturing sector, which constitutes almost 80 per cent of the headline index, was particularly worrisome.

Prime Minister Manmohan Singh on Tuesday asked his economy A-team to make a concerted effort to tackle rising food prices. Signalling the seriousness with which his administration views the spike in food inflation, Singh summoned top advisors to review the situation and suggest a concrete plan of action.

Projected 18 per cent hike will give room to cushion fiscal deficit.

In a major development in the multi-crore financial fraud at Citibank, the Gurgaon Police have received as many as 40 complaints from high net-worth individuals and corporates in the past one week. Senior police officials said the complaints, which were individually lodged, are being individually assessed in detail.

Maharashtra Chief Minister Prithviraj Chavan plans to overhaul the Rs 15,000-crore Dharavi redevelopment project. Chavan who has already flagged what he called an unholy nexus among builders, politicians and middlemen in the wake of the Adarsh housing society scam now wants state-run Maharashtra Housing & Area Development Authority (Mhada) to carry out the big-ticket project.

The ministry of defence has ignored private Indian defence companies by announcing that global arms vendors can channel offsets into the fields of civil aerospace and internal security, instead of exclusively into the defence industry. Meanwhile, several other potentially far-reaching changes to the offset policy have been referred to an internal ministry committee.

With the Opposition adamant on a joint parliamentary committee probe into 2G spectrum allocation, the government may be forced to further delay rollout of the goods & services tax by a year. The finance ministry expects little cooperation on GST from states ruled by the main opposition party, the BJP, and its allies.

Nearly 4.78 lakh Mumbaikars will benefit from the new coastal zone regulations that have lifted restrictions on construction along the coastline. Residents of 620 dilapidated buildings, 146 slum clusters and 40-odd koliwada (fishermens colonies) along Mumbais coast have enough reasons to rejoice and look forward to better living conditions.

The countrys merchandise exports reached $22.5 billion, up 36.4 per cent in December from last year, highest in last 33 months, while imports topped $25.1 billion narrowing the trade deficit to $2.6 billion in December.