Tuesday 24 February 2015

Top economic news of the day - February 24, 2015

Stressing the need to boost clean energy generation, President said that the share of renewable power generation will be enhanced to 15% of the total energy mix in the next seven years.

Global rating agency Standard & Poor's said India's low income levels and weak fiscal and debt indicators constrain the country's credit profile. However, the political stability following the general elections last year has created a conducive environment for reforms, which could address these weaknesses. 
 
Stressing the need to boost clean energy generation, President said that the share of renewable power generation will be enhanced to 15% of the total energy mix in the next seven years.
 

Private equity investments in the real estate sector have increased by over two-fold to Rs15,4.1bn in 2014, the highest since 2008, signaling a renewed interest by domestic and global investors, according to a Cushman & Wakefield report.

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