New Delhi: Finance Minister Arun Jaitley presenting the Budget in Lok Sabha has said that the Indian Economy has turned around dramatically in the last nine months with the real GDP growth expected to accelerate to 7.4% making India the fastest growing large economy in the world. (Read in Hindi: आम बजट 2015-16: जेटली ने दिया ‘जोर का झटका’, सेवाकर में बढ़ोतरी से लगेगी ‘चोट’)

New Delhi: India needs to create additional fiscal space in order to ensure macro stability and to create buffers for future economic downturns, says the Economic Survey, tabled in Parliament by the Union Finance Minister Arun Jaitley here.

New Delhi: The year 2014-15 (April-December) witnessed a substantial decline in inflation. (Read in Hindi: बीते साल मुद्रास्फीति में दिखा गिरावट का रुख)

New Delhi: Railway Budget presented in Parliament proposed measures to make Indian Railways prime mover of Indian Economy once again. It seeks resource mobilization for higher investment, decongestion of heavy haul routes and speeding of trains and project delivery, better passenger amenities and safety, and to make railways a preferred mode of transport for masses. (Read in Hindi: रेल बजट 2015-16 : यात्री किराए में कोई वृद्धि नहीं)

The dramatic plunge in the global crude oil price from a high of 111 dollars a barrel in June 2014 to its lowest level of 45 dollars on January 13 awhile, registering nearly 60 per cent tumble in a shot span of a few months was unprecedented in the more than half a century annals of the world’s much-feared commodity cartel, the Organization of Petroleum Exporting Countries (OPEC). With global economic recovery not gaining substantial momentum across the continents to ensure higher energy consumption even at reduced growth prospects, no one is sure as to how far the crude oil price will go down or how long it will take to balance demand-supply mismatch so that prices can regain lost or losing ground.

Washington: Keeping middle managers happy with their supervisors is the key to retaining the lower-level workers they manage and avoiding expensive turnover costs, according to a Vanderbilt University study.