The Indiacom Newsletter

Wednesday, 29 April, 2015

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Source : www.simplydecoded.com

World Bank says Indian economy to grow at 7.5% for FY16 and 8% for FY18

The World Bank in its India Development Update report on Tuesday predicted that the Indian economy is expected to grow at 7.5% for FY16, 7.9% for FY17 and 8% for FY18. The Bank assessed that India’s economy grew 7.2% for FY15, lower than the official advance estimate of 7.4%.

Read full story on Business Standard

Govt. relaxes norms for sugar exports to EU, US

The Commerce Ministry on Tuesday relaxed the sales of preferential quota sugar to the European Union (CXL quota) and the United States (TRQ quota), allowing all exporters and not just State Trading Enterprises (STEs) to avail the benefits of the quota.

Read full story on SME TIMES

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Source: bhartiyasahkarita.com

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