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gnewstelugu

India is the world's sixth largest economy, pushes France to 7th position: World Bank R... - 0 views

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    According to the figures released by World Bank for the year 2017 India has emerged as the sixth largest economy by surpassing France. India's GDP worked out to be $2.597 trillion in comparison to France's $2.582 trillion. India's growth was stunted as a result of some of PM Modi's reforms such as demonetization and faulty implementation of new tax regime, Goods and Services Tax. Only last year the economy picked up and the recovery can be gauged by the increased GDP. The comparison with France is lopsided as the population of India is around 1.34 billion, almost twice as that of France's 67 million people. So the per capita income of Indians is 20 times lower than that of France. There is tremendous growth impetus in Manufacturing and Consumer spending that acted as main drivers of the economy in the latter half of the year 2017. India's GDP had doubled within the last decade propelling it as an economic power to reckon with in Asia. International Monetary Fund has projected that India will have a healthy 7.4% growth rate and it may well reach 7.8% by 2019 due to household spending and tax reform. This is far higher than the world's expected average 3.9% growth rate. According to London-based Centre for Economics and Business Research, a consultancy, India may even overtake both Britain and France in terms of GDP by the end of 2018. They predict that India may become the third largest economy by 2032.
arunaraayala

France Flogs Russia on Syria | Aleppo Calls for EU Aid | World News - 0 views

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    France President François Hollande on Thursday accused Russia of not keeping its promises in Syria, while a local leader of the Syrian city of Aleppo called on Europe to send observers to ensure Security of evacuated civilians.
shonty_raj

SC adjourns hearing on PIL seeking stay on Rafale deal - 0 views

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    The SC today adjourned hearing on a plea seeking a stay on the Rafale fighter jet deal between India-France. A bench of Justices Ranjan Gogoi, Navin Sinha, and KM Joseph adjourned the matter till Oct-10 after petitioner M L Sharma said that he wanted to file some additional documents in the case.
emilyemrate

70 yellow vest protesters detained after rallies spread to Belgium and the Netherlands - 0 views

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    BRUSSELS (AP) - Hundreds of yellow-vested protesters calling for the resignation of Belgian Prime Minister Charles Michel marched on the European quarter of Brussels Saturday, as the movement that started in France made its mark in Belgium and the Netherlands. Police used pepper spray and scuffled with a small group of protesters who tried to…
shonty_raj

Rafale-deal: Hollande's bombshell catches BJP in crossfire, opposition strengthens attack - 0 views

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    Comments of France former President Francois Hollande that Indian government proposed Anil Ambani's Reliance Defence as its partner in the multi-million dollar Rafale deal has caught the Narendra Modi led Centre in a crossfire, with the opposition demanding his resignation. Hollande was quoted in French website Mediapart where he said they had no choice and took the interlocutor which was given, stirring a row.
The Dollar Business

Reliance Defence signs an MoU with France's Daher Aerospace - 0 views

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    Reliance Infrastructure Ltd said on Thursday that its wholly-owned subsidiary Reliance Defence has signed a pact with French industrial conglomerate - Daher for manufacturing aerospace equipment. "This offers a great opportunity for both the companies to work together for aerospace composites parts manufacturer. There is an increasing demand in aerospace sector for the composite components," said Reliance Infrastructure in a filing with BSE.
top10twistgroup

Top 10 Tallest Mountains in The World-2017 update | Top10Twist - 0 views

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    Here is the list of Top 10 Tallest Mountains In The World-2017 Update. A mountain is often described as a large area that extends above the region in a limited area usually in the way of a peak.
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