Core sector growth jumps to 9-month high

The April-June core growth was at 4.6% as compared to 3.7% in 2013 …read more

Source: India – Business Standard


Jaitley gets fiscal deficit headache reminder

June quarter’s fiscal deficit level crosses half of estimate for entire financial year; tax & non-tax revenue pace a worry …read more

Source: India – Business Standard


Hope revives on paddy output

Foodgrain production may drop 5-8 mt compared to 2013, due to a fall in output of pulses & coarse cereals: Ministry official …read more

Source: India – Business Standard


US set to tweak visa policy, assures Kerry

The assurance came as relief for the Indian IT services sector …read more

Source: India – Business Standard


India firm on WTO stand; US tries to break impasse

Azevêdo presses countries in last ditch-effort to sign trade facilitation pact …read more

Source: India – Business Standard


At UN-backed summit, least developed countries urge enhanced partnerships, aid commitments

At the closing today of a conference in Cotonou, Benin, ministers, senior Government officials and United Nations representatives called on donor countries to fulfil their commitments and go even further, allocating at least 50 percent of their overseas development assistance (ODA) and “aid for trade” disbursement, to the world’s least developed countries (LDCs). …read more

Source: United Nations


Vice-President Michel Barnier welcomes major milestone for the internal payments market with the migration to SEPA (Single Euro Payments Area)

European Commission Statement Brussels, 1 August 2014 Today, a big part of the Single Euro Payments Area has become reality. In all euro countries citizens have now available a common and simple way to pay at home and across borders: SEPA credit transfers (SCT) and SEPA direct debit (SDD). …read more

Source: European Union


UN, civil aviation partners set up task force to reduce risks of flying over conflict zones

In the wake of the recent downing of a passenger plane over eastern Ukraine, the United Nations and its partners have set up a task force to reduce the risks of civilian planes flying over conflict areas and ensure that the “right information reaches the right people at the right time.” …read more

Source: United Nations


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