India's economy could prove to be the "most resilient" in the subregion of South and South-West Asia over the long term, according to a report by the UN, which says a positive but lower economic growth post COVID-19 pandemic and the country's large market will continue to attract investments. The report titled 'Foreign Direct Investment Trends And Outlook In Asia And The Pacific 2020/2021', and compiled by United Nations Economic and Social Commission for Asia and the Pacific (UNESCAP), stated that inward FDI flows to South and South-West Asia slightly decreased by 2 per cent in 2019, from $67 billion in 2018 to $66 billion in 2019. The growth, however, was mainly driven by India, which accounted for 77 per cent of the total inflows to the subregion and received $51 billion in 2019, up 20 per cent from the previous year.
Prime Minister Narendra Modi on Sunday said ties between India and Mongolia are not driven by competition against others but it is a relationship of immeasurable positive energy that comes from their spiritual links and shared ideals.
Work-life balance is not just spending time with your family or at work, it is also about taking out time for yourself.
India hopes to wrap up a safeguards agreement with the International Atomic Energy Agency later this month in Vienna, before approaching the Nuclear Suppliers Group, for changes to permit international nuclear commerce. India needs to reach a safeguards agreement and then get the nod of the 45-member NSG for operationalising the India-United States civil nuclear agreement.
Prime Minister Narendra Modi on Saturday hard sold his government's reforms spanning from manufacturing to taxation to labour, saying they have changed the world perception about the country from 'why India' to 'why not India' and went on to quote record foreign investment during the pandemic as a testimony to that. Speaking at industry association Assocham's Foundation Week event, Modi also said agriculture reforms brought by his government six months back have started benefiting farmers. The reforms in the last six years have influenced in changing the sentiment of the industry from 'why India' to 'why not India' in investing.
Amidst uncertainties looming over the fate of Indo-US nuclear agreement, the US has asked India to go for some "tough choices" in making the deal a possibility. "President Bush pressed for the civilian nuclear agreement with India against strong opposition because he's committed to our long-term strategic partnership. Now India needs to make some tough choices," Commerce Sectary Carlos Gutierrez has said.
The Budget emphasises on capacity building and empowerment of marginalised sections of society including farmers.
"Relevant cooperation is in strict accordance with the two countries' international responsibility and is for peaceful aim. We also receive the supervision of the International Atomic Energy Agency (IAEA)," Chinese Foreign Ministry spokesperson Hua Chunying said.
'Dr Singh, visibly relieved, said, 'Yesterday night I couldn't sleep. I stayed awake, praying throughout. You have saved the country'.' A fascinating excerpt from former atomic energy chief Dr Anil Kakodkar's memoir Fire And Fury: Transforming India's Strategic Identity.
This was announced by Commerce and Industry Minister Kamal Nath at the conclusion of the 2nd meeting of India-Russia Forum on Trade and Investment, coinciding with the visit of Russian Prime Minister Victor A Zubkov in New Delhi on Wednesday.
Two United States senators have asked the US Food and Drug Administration (USFDA) to provide details of market approvals given to all medicines sold by India's largest drug-maker Ranbaxy in that country.
Given how everything has played out, Mehul Choksi, now 62, achieved all that he wanted but for all the wrong reasons, says Pavan Lall.
The three-month deadline for the finance ministry to take a decision on the recommendations of the commerce ministry has ended this week.
Commerce and Industry Minister Kamal Nath has said that a broad political consensus was necessary on the deal. Nath pointed out that it was because of this consensus that economic reforms have continued despite changes in governments and prime ministers. He said that it needs to be looked more as an energy deal rather than nuclear deal. To ease the tight power situation, he said India is looking for clean coal technology as also alternative sources of energy.
This would be the highest level of engagement between the two countries after Obama's trip to New Delhi in January to attend the Republic Day parade as the chief guest of Prime Minister Narendra Modi.
"What is required is to convince the NSG of the non-proliferation benefits of the deal," Stratford, director at the Office of Nuclear Energy Affairs in the US State Department, said.
Even as Pakistan continues to urge the international community to accept its membership to the Nuclear Suppliers Group, highly placed sources in the United States who are involved with the tracking of nuclear commerce have claimed that Islamabad is still selling nuclear materials to North Korea.
US foreign direct investment inflows into India will increase to $1 billion annually by 2010, according to Indo-American Chamber of Commerce.
Consultancy Services CEO S Ramadorai was named Manager Entrepreneur of the Year.
The United States wants India to do more in developing a world-class infrastructure, energy security, creation of true national markets and protection of intellectual property rights to attract American investments.
In a first, Prime Minister Narendra Modi on Wednesday met the secretaries of all the government departments collectively and asked them to directly get in touch with him to resolve issues and expedite decision-making.
If Modi rethinks on pro-biz policies, investors will suffer.
Romania on Tuesday invited investments from India in steel, pharmaceuticals and agriculture sector, even as it offered to share its expertise in the energy sector.
60-year-old Mehbooba Mufti had been under preventive detention since August 5 last year, when the Centre announced abrogation of Article 370 of the Constitution granting a special status and bifurcation of the erstwhile state into two union territories -- Ladakh, and Jammu and Kashmir.
Amid China's growing assertiveness in South China Sea, India, Japan and the US at their first ever trilateral ministerial dialogue in New York.
US Ambassador Richard Verma said there was a need to strengthen democracy in Pakistan while putting pressure on the country to tackle terrorism and bring to book perpetrators of terror attacks.
Hailing Prime Minister Narendra Modi and the Bharatiya Janata Party government, top industry captains pledged mega investments at the Vibrant Gujarat Global Summit
Prime Minister Sushil Koirala on Thursday met leaders of all 31 political parties to discuss key issues, including a key power trading pact, to be taken up with Prime Minister Narendra Modi during his maiden official visit to Nepal.
A civil services aspirant from Mumbai, Nehal Chudasama hopes to bring home the title of Miss Universe.
Speaking at the CII's partnership summit in Jaipur, Azevedo who is the Director General of WTO, also said the member countries should implement the trade facilitation agreement on time as it would help in reducing cost of commerce and boosting exports.
The deal brings the two start-up stalwarts - Bansal and Ola co-founder and chief executive officer Bhavish Aggarwal - together in the backdrop of growing foreign control in this space.
The businessmen in the Maharashtra have given a cry of 'remove Ajit Pawar' against the high tariff of electricity.
The appointment of new expenditure secretary comes a month-and-a-half ahead of the Budget for 2020-21 to be presented on February 1.
The government on Wednesday allowed free import of gold and silver and brought import of capital goods under duty-free entitlement scheme.
This would make India the world's second-biggest nuclear energy market after China
Facebook chief said he is getting to the bottom of exactly what the UK firm did, and telling everyone who may have been affected.
