$354-bn forex reserves too small to fight a crisis: Kaushik Basu

Last Updated: Wednesday, August 26, 2015, 23:02

World Bank chief economist Kaushik Basu Wednesday said the USD 354 billion of forex war-chest is not sufficient to fight a crisis and advocated accumulation of more currency assets as the right strategy.

India leads emerging economies in growth chart, GDP set to surpass China this year

Last Updated: Thursday, June 11, 2015, 09:23

India with an expected growth rate of 7.5 percent this year is set to surpass China and for the first time is leading the World Bank's growth chart of major economies.

India tops in remittances, receives $70 billion

Last Updated: Tuesday, April 14, 2015, 08:34

The World Bank has said India continues to be the leading nation in remittances pulling in USD 70 billion from its global migrant workforce in 2014.

India will catch up with China's growth rate in 2016-17: World Bank

Last Updated: Wednesday, January 14, 2015, 13:28

"India will catch up with China's growth in the year 2016 and 2017," World Bank Chief Economist and Senior Vice-President Kaushik Basu told reporters here.

Indian economy to grow by 7% in 2016: World Bank

Last Updated: Wednesday, January 14, 2015, 10:16

Overall, Basu painted a dim picture of the global economy facing a "stalled recovery in some high-income economies and even some middle-income countries" but said "there are some silver linings behind the clouds."

India should use low oil prices to put fiscal house in order: Kaushik Basu

Last Updated: Thursday, January 8, 2015, 13:44

The sharp decline in global crude oil prices gives India a rare "window of opportunity" to put its fiscal house in order and carry out the much-needed economic reforms like cutting down oil subsidy, says a top World Bank official.

L'Oreal to spread salons; targets 25% yoy growth for next 5yrs

Last Updated: Tuesday, December 9, 2014, 17:05

L'Oreal Professionals' products are available in 350 cities and sold through 35,000 salons. The company's professional products range contributes 25 percent to total turnover.

`Dead, End` selected for HAF funding

Last Updated: Friday, January 31, 2014, 14:09

Filmmakers Satish Kaushik and Dev Benegal`s Dead, End has been selected amongst 29 scripts from 11 countries to be funded at the Hongkong-Asia Film Financing Forum.

Stunt scars will give me stories to tell: Kavita Kaushik

Last Updated: Thursday, December 26, 2013, 18:44

TV actress Kavita Kaushik, who will be seen performing stunts as Krishika, a superhero, in `F.I.R`, says she is not scared of stunts.

Tamil Nadu close in on three points as Railways struggle

Last Updated: Sunday, December 15, 2013, 20:15

A collective effort by Tamil Nadu`s seam trio of Laxmipathy Balaji, Jagannathan Kaushik and M Mohammed helped them reduce Railways to 152 for eight after scoring 246 in their first innings in a Ranji Trophy Group B encounter at the Jamia Milia Islamia ground on Sunday.

Working with Rima motivated Tashu Kaushik

Last Updated: Wednesday, November 27, 2013, 13:45

Tashu Kaushik says working with co-star Rima Kallingal in forthcoming Malayalam thriller ‘Escape from Uganda’ motivated her to perform better and in the process she has become her fan.

Remittances to help balance capital outflows: World Bank

Last Updated: Thursday, October 3, 2013, 10:03

Remittances to developing countries should swell 6.3 percent this year to USD 414 billion, flowing from workers abroad to their home countries and helping to offset volatile capital outflows, according to World Bank forecasts released on Wednesday.