US President Barack Obama today sought "consistency" and "simplicity" in regulatory and tax environment in India besides redressal of issues relating to intellectual property rights to significantl

The October 2012 World Economic Outlook (WEO) assesses the prospects for the global recovery in light of such risks as the ongoing euro area crisis and the "fiscal cliff" facing U.S. policymakers.

The April 2012 edition of the World Economic Outlook assesses the prospects for the global economy, which has gradually strengthened after a major setback during 2011. The threat of a sharp global slowdown eased with improved activity in the United States and better policies in the euro area.

Prime Minister Manmohan Singh and Russian President Dmitry Medvedev on Thursday explored the possibility of a Comprehensive Economic Cooperation Agreement (CECA) to maximise the trade potential bet

The World Economic Outlook (WEO) presents the analysis and projections of economic developments at the global level, in major country groups (classified by region, stage of development, etc.), and in many individual countries. It focuses on major economic policy issues as well as on the analysis of economic developments and prospects.

Sandeep Dikshit

NEW DELHI: The BRIC (Brazil, Russia, India and China) grouping will become BRICS with the inclusion of South Africa, according to sources in the government.

The third BRIC summit in China next year will see South African President Jacob Zuma present as an observer.

Membership of the soon-to-be five nation grouping will then be frozen for some time.

The United Nations Conference on Trade and Development's world investment report released on Thursday emphasises that the world is moving towards a lowcarbon economy. The FDI flows in three key low-carbon industries in 2009 amounted to a whopping $90 billion.

These projects are concentrated primarily in environmental technology.

The performance of the Indian economy in 2009/10 greatly exceeded
expectations. The farm sector which was expected to contract showed resilience, growing by 0.2 per cent despite the weak South West monsoon. The non farm sector also did well. It is the assessment of the Council that the Indian economy would grow at 8.5 per cent in 2010/11 and 9.0 per cent in 2011/12.

Ronojoy Banerjee

It is a neighbour, a secular Muslim nation and a G-20 power

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