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India for stepping up financial resources of ADB

Last Updated: Saturday, May 04, 2013, 17:16

India on Saturday made a case for stepping up financial resources of the Asian Development Bank (ADB) to help it speed up the poverty alleviation programmes and promote infrastructure in developing countries.

ADB says will recommend DBT to other developing nations

Last Updated: Saturday, May 04, 2013, 15:08

Lauding the government's Direct Benefit Transfer scheme, multilateral funding agency Asian Development Bank on Saturday said it will advise other developing nations to implement it in order to check corruption and prevent leakages in subsidies.

Fin Min says 2013-14 GDP growth to be over 6%

Last Updated: Friday, May 03, 2013, 15:26

Riding on the back of a pick-up in investment and improved investor confidence, the Finance Ministry on Friday exuded confidence that the economic growth will be 6 per cent and above in the current fiscal.

Govt examining all possibility to raise FDI ceiling: Rajan

Last Updated: Friday, May 03, 2013, 15:15

Chief Economic Advisor Raghuram Rajan on Friday said the government is examining all possibility of raising foreign direct investment ceiling in various sectors to help increase inflows and prop up economic growth.