Bangalore: The country has successfully overcome the effect of the global economic slowdown and the GDP is expected to grow at 8.5% during fiscal 2010-11, plus or minus 0.25%, said Union finance minister Pranab Mukherjee.

Chief Minister Tarun Gogoi today presented in the State Assembly a deficit Budget of Rs 3464.46 crore for the 2010-11 financial year of the State. He expressed the hope that the State would be able to attain a growth rate of around nine per cent during the financial year.

The state government is not averse to setting up of a joint committee with the Confederation of Indian Industries (CII), which could meet frequently to solve the problems faced by entrepreneurs.

This was stated by Chief Minister PK Kumar Dhumal while addressing captains of industries at a seminar organised by the CII on

In my first official visit to India as European trade commissioner, I intend to talk to commerce minister Anand Sharma about two of India

The pre-Budget Economic Survey is usually a reformer

We are living at a time when it is not unusual for a sovereign entity, particularly in Europe, to have Credit Default Swaps (CDS) trade at higher spreads than corporates, although

India's gross domestic product (GDP) can expand by double-digit levels to emerge as the fastest growing economy in the world by 2014, even as spiralling prices remains the immediate concern, said the Economic Survey for this fiscal.

The country

THE LONG term sustained growth of the automobile industry is only possible if the economy continues to grow at 8-10% a year, while inflation and interest rates are low. Better infrastructure, which facilitates the smooth movement of traffic, would reduce pollution and promote economic development.