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Iron, steel cos' GNPA for PSBs in basic metals 24%: Govt

-PTI The Indian steel industry contributes approximately 2 per cent to the country's GDP New Delhi: Iron and steel sector accounts for about 24 per cent of total gross non-performing assets (GNPA) in basic metal and metal product category for public sector banks (PSBs), according to the Ministry of Steel. "The share of gross non-performing assets (GNPA) for iron and steel in basic metal and metal product category as on September 30, 2017...

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India can exceed its climate goals while maintaining GDP of 6-7%: report -Mayank Aggarwal

-Livemint.com India can meet its national climate change goals promised under the Paris Climate Agreement, says report by World Resources Institute and Open Climate Network New Delhi: Not only can India meet its national climate change goals promised under the Paris Climate Agreement, but can potentially exceed them while maintaining an annual gross domestic product (GDP) growth of 6-7%, said a new report released on Wednesday. The report, “Pathways For Meeting India’s Climate...

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GDP: The slide stops with 6.3% growth but old problems remain -Sanjiv Shankaran

-The Times of India NEW DELHI: The highlight of the gross domestic product (GDP) data for July-September quarter is the overall growth rate of 6.3 per cent, the first time pace of economic growth has increased in six quarters. It suggests that the marked slide we witnessed over the last year has finally stopped. However, a look at the disaggregated data shows that the economy is still struggling. A comparison of the...

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India sixth most vulnerable country facing extreme weather events: Report -Vishwa Mohan

-The Times of India BONN (Germany): India is the sixth most vulnerable country in the world in terms of facing extreme weather events with Haiti, Zimbabwe, Fiji, Sri Lanka and Vietnam taking top five positions in the fresh list of nations facing climate risk. The ranking was released here by the Germanwatch, an independent Berlin-based development and environmental organisation, on Thursday in its latest global climate risk index (CRI). The Index put...

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Six steps to job creation -Santosh Mehrotra

-The Hindu It is crucial to align policy across sectors and upgrade the country’s social infrastructure In India’s highly segmented labour market, one can still discern at least three demographic groups that are in urgent need of jobs: a growing number of better educated youth; uneducated agricultural workers who wish to leave agricultural distress behind; and young women, who too are better educated than ever before. India is indeed the fastest growing large economy...

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