Briefly Business: Fitch poised to cut UKs AAA rating

India is not my top priority: Mittal

Ahmedabad: Unhappy over delay in getting clearances for his projects,the world8217;s largest steelmaker LN Mittal said India was not his top priority for investment. Mittal was speaking on the sidelines of convocation of IIM-A,where he was the chief guest. pTI

India needs to create 15 mn jobs annually: Pitroda

New Delhi: India needs to create 15 million jobs every year,National Innovation Council Chairman Sam Pitroda said at a Ficci event. He added the country needs to focus on the bottom of the pyramid. pti

China economy to be largest by 2016

Beijing: China is on course to become the worlds largest economy around 2016,a survey by the Organisation for Economic Cooperation and Development OECD has forecast. At present,China is the second largest economy. reuters