Indians are still the most optimistic investors in Asia mainly because of its sustained domestic growth momentum, but going into 2011, they have somewhat lower expectations than they did in the previous quarters, says a survey.
Moody's has a 'positive' outlook on its 'Baa3' rating on India.
In a significant victory, India has been elected to a prestigious United Nations body, defeating China in a direct fight for the lone seat from the Asia-Pacific region, to return to the powerful external oversight body after a gap of 35 years.
The five-day meeting, whose pre-plenary sessions began today, will provide a platform for high-level discussion and co-operation and would evaluate the progress by APG members in implementing the international standards to combat money laundering and the financing of terrorism, a statement said.
In a clear message to China, President Barack Obama on Thursday said that United States will maintain its military presence in the Asia-Pacific region despite budget cuts, saying that America was "here to stay" as a Pacific power.
