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India poised for strong growth; GDP to rise 7.3% in 2015: OECD

Last Updated: Wednesday, June 3, 2015, 18:56

Meanwhile, India has overtaken China to become the world's fastest growing economy by clocking 7.5 percent GDP for the March quarter. In 2014-15, economy grew 7.3 percent, as per figures released by Central Statistics Office last month.

OECD, `rich nations` club` turns into `do-tank`

Last Updated: Tuesday, June 2, 2015, 09:24

The Organisation for Economic Cooperation and Development, derided as a "rich nations` club" that vegetated in its Parisian chateau for decades, has redefined itself as the go-to resource for economic analysis.

Angel Gurria re-elected to third term as OECD chief

Last Updated: Tuesday, May 26, 2015, 18:42

Former Mexican Finance Minister Angel Gurria was re-elected secretary general of the Organisation for Economic Cooperation and Development (OECD) Tuesday, giving him a further six years to press his agenda of innovation ahead.

APEC trade chiefs vow to speed up work in WTO

Last Updated: Sunday, May 24, 2015, 21:12

Trade ministers from 21 Asia-Pacific countries Sunday issued strong support to the World Trade Organization's efforts to boost global trade amid a flurry of regional free trade agreements.

Saudi king to skip US-Gulf summit

Last Updated: Monday, May 11, 2015, 13:05

The Saudi monarch will instead send Crown Prince Mohammad bin Naif, the deputy prime minister.

India to establish mechanism to aid German investment: Modi

Last Updated: Tuesday, April 14, 2015, 21:05

Prime Minister Narendra Modi on Tuesday announced that a mechanism will be established to facilitate investment and business from Germany as the two countries agreed to broaden bilateral economic cooperation.

India, Australia explore ways to facilitate flow of uranium

Last Updated: Tuesday, April 14, 2015, 21:02

India and Australia today explored ways for early conclusion of the Administrative Arrangements on civil nuclear cooperation to facilitate the flow of uranium amid Australian assurances that they may conclude by this year end.

India poised for better economic growth: OECD

Last Updated: Thursday, April 9, 2015, 18:01

Paris-based think tank OECD Thursday said India's economic expansion continues to firm up even as growth is easing in the neighbouring China.

GCC nations facing pressure due to fall in oil prices: Report

Last Updated: Monday, April 6, 2015, 15:46

The Gulf Cooperation Council (GCC) countries like Oman and Qatar are facing considerable pressure from the slump in oil prices, as they are heavily dependent on oil and gas revenues, a new report said.

Indian economy to grow 7.7% in FY'15: OECD

Last Updated: Wednesday, March 18, 2015, 19:42

India is poised to grow 7.7 percent this year and 8 percent in 2016 to become the "fastest growing major economy", according to think-tank OECD.

Indian economy sees firming growth trends: OECD

Last Updated: Monday, March 9, 2015, 18:03

India's economic growth is firming up and prospects are also looking better in most of the other major economies, says Paris-based think tank OECD.

Greek PM to meet EU chief Friday

Last Updated: Monday, March 9, 2015, 17:32

Greek Prime Minister Alexis Tsipras will meet with EU chief Jean-Claude Juncker on Friday, his office said Monday, hours ahead of key talks on Athens` financial lifeline.