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Manufacturing activity portends low growth in March

Manufacturing activity in the country does not augur well for the economic growth in March and bank credit to domestic export sector has suffered due to fall in external demand, says a report. The yearly SBI Composite Index for March…

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IMF: Vietnam?s economy at risk without reforms

Vietnam risks being vulnerable to external shocks if it does not push through reforms to strengthen its banking system and restructure state businesses, according to International Monetary Fund chief Christine Lagarde.The Southeast Asian nation is not in a position to…

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NZ consumer optimism slips on gloomier view of economy

New Zealand consumer confidence dipped in the first three months of the year as Kiwis became gloomier about the economic outlook, even as they remained reasonably happy about the state of their own finances.The Westpac McDermott Miller consumer confidence index…

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India-Iran deal soon on Farzad-B project

In what marks renascent India-Iran commercial ties and New Delhi?s aggressive focus on overseas energy assets, both countries may finally agree on a deal for the development of the long-languishing Farzad-B gas field in the Persian Gulf by an Indian…

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Buying from MSMEs: In FY16, 38 PSUs met 20% target

A total of 38 Central public sector undertakings (PSUs) have achieved the target of 20 per cent public procurement from medium, small and micro enterprises (MSMEs) in 2015-16. This was revealed in a review meeting chaired by MSME Minister Kalraj…

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