With $31 billion of foreign capital inflows, India has surpassed China and the US to take the pole position in attracting largest FDI in the first half of 2015, said a report published in Financial Times, London. The report said that in 2014 India ranked fifth in terms of capital ...
Read More »Sushma Swaraj woos US industry to invest in India for win-win outcome
External Affairs Minister Sushma Swaraj in her address at the 40th Annual Gala of the US India Business Council ( USIBC), sought investments from the US industry in both public and private sectors in the country for a “win-win” outcome. The focus now is on building 100 smart cities; rejuvenating ...
Read More »Modi seeks to cut transport costs with Rs 40,000 crore waterways goal
Modi plans to link the rivers and get companies to move cargo from foodgrains, cement and fertilizer to cars using waterways. India has failed to develop 14,500 kilometers (9,000 miles) of its inland waterways as a viable alternative to move cargo and ease congestion on land. The development of the ...
Read More »US calls for smoother tax regime, ease of doing business in India
The Obama administration has openly called for a simplified tax regime and ease of doing business in India to attract global investments, including from the US. “For India to achieve its goal of sustainable growth and development, it must assure global markets and international investors that it is open for ...
Read More »India talks with Sri Lanka on $5.19 billion road project to begin by October
India is set to engage in high-level talks with Sri Lanka by October for an ambitious $5.19 billion road project to connect both the nations through a sea-bridge and an under water tunnel linking 22 km stretch between Talaimannar, Sri Lanka and Dhanushkodi, India. The development follows Road Transport and ...
Read More »India moves further in UN amidst the silence of US and Chinese Protest
Led by India, a number of countries joined the battle against the Chinese move, even launching a protest at UNGA president, Sam Kutesa’s residence. A few days before the UNGA session, Chinese and Russian diplomats, in a stealth operation, attempted to insert a couple of paragraphs into the text and ...
Read More »France extends support to India’s stake in UNSC
France has pledged support for India’s claim to permanent membership at the Security Council. France reaffirmed its commitment to issues of international peace and security, especially counter-terrorism. It also registered its opposition to atrocities against humans and destruction of heritage property. Source: ET
Read More »India presents a wonderful opportunity for USA: PACOM
“India presents a wonderful opportunity for us. They share our values and our norms. One of my objectives is to improve that relationship with India,” Admiral Harry B Harris, Commander of the US Pacific Command (PACOM) told members of Senate Armed Services Committee during a hearing on maritime security strategy in ...
Read More »India, US create joint challenge coin to mark partnership
The two sides of the unique Challenge Coin created by the India-US Joint Working Group on Aircraft Career after their first meeting in United States from August 12-14 to symbolize their partnership. One side of the coin reads “Forward Together We Go” and “Chale Chale Saath Saath” in Hindi; which ...
Read More »India and Vietnam advance their strategic partnership
India-Vietnam are pushing to broadbase their relations to encompass all possible areas of cooperation and deepen their strategic partnership building on exceptionally close ties since their foundations were laid more than 50 years ago. India’s relations with Vietnam are marked by growing economic and commercial engagement. India is now among ...
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