India's growth prospects in global focus

THE ECONOMIC TIMES Sat, Jan 24, 2015 | 12:22 PM IST Weekly Platter Newsletter

India is poised to become the world's fastest-growing economy in two years: IMF International Monetary Fund in World Economic Outlook said India's gross domestic product is likely to grow at 6.3 per cent in the next fiscal year. read more IT sector employees earn highest salary of Rs 341.8 per hour: Report The report brings to light the fact that employees in education sector get the lowest hourly salary of Rs 186.50 per hour. US may sign pact to build smart cities in Allahabad, Ajmer & Vishakhapatnam India and US are expected to sign a pact to build three smart cities in Allahabad, Ajmer & Vishakhapatnam during Barack Obama's visit later this week.

Editor's Pick With oil at $50, why is rupee still trading at 62? In Sept 2014, when oil was $100 & Re at 61, if a poll was conducted about the Re level should oil fall to $50, an overwhelming majority would have suggested 50-55. Considerable capital flow, volatile Rupee to keep RBI Governor Raghuram Rajan on edge The appreciation can be a boon to companies with dollar debt. But it could throw a wrench in the country's ambitions to become a power house. Twitter's acquisition of Zipdial: How YourNest's Sunil Goyal struck gold from his first investment For Sunil Goyal, who was on a sabbatical from Bharti Airtel, Zipdial was his first deal and his first exposure to the world on investing. ET GBS: PM Modi's core team sheds light on ambition to make India a $20 tn economy At ET GBS, Modi said that India was making the transition from a "winter of subdued achievement" to a "new spring". He asked why India cannot dream big.

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Story of The Week Delhi Elections 2015: Kiran Bedi as good a choice as Arvind Kejriwal, says Shanti Bhushan I am against BJP because of its communal agenda. I don't think there is anything lacking in her except that she is in BJP: Shanti Bhushan. read more

Money Best ways to invest for your child's education The big question worrying Indian parents is: will they be able to fund their children's education? They can, if they plan ahead and take the right steps. 3-year bank FDs may get tax exemption Government may consider banks' demand for bringing FDs with three-year maturity on a level-playing field with MFs and tax-free bonds.

Stock Round Up Sensex rises for seventh day to new high, gains 0.9% as it joins global rally fuelled by ECB's quantitative easing plan "Sentiment was buoyed by the higher-than-expected stimulus measure by the ECB as well as the optimism created by RBI's rate cut last week," said Dipen Shah.

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