Top economic news of the day

India Infoline News Service | Mumbai |

The strength of the global economic recovery could be "less robust than expected" and more must be done to boost international monetary supply, IMF chief warned

The Home Ministry has raised objections in allowing foreign direct investment in highly-sensitive areas of the Railways sector, saying such a move may compromise security of the country's largest transportation network. (BS)

The strength of the global economic recovery could be "less robust than expected" and more must be done to boost international monetary supply, IMF chief Christine Lagarde warned. (BS)

FICCI's Business Confidence index value climbed to a 14-quarter high of 69 in the current round, up from 60.8 in the previous survey, with a whopping majority of 93% participants anticipating the overall economic situation to be 'moderately to substantially better' in the coming six months. (ET)

Gujarat government has decided to independently set up international desks in foreign countries like the US, China and Japan for facilitating investment in the state by overseas investors. (ET)
 

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