While Indian firms performed the best in fighting corruption, Transparency International has slammed Chinese companies for their opaque business practices.
a stronger cooperation with China could help India achieve faster growth
India announced its intention to acquire S-400 'Triumf' surface-to-air missile systems in 2015. The contract worth $5.43 billion was signed during the visit of President Putin to India last year.
After participating in the BRICS-BIMSTEC Outreach Summit in Goa, Myanmarese leader Daw Aung San Suu Kyi arrived in Delhi for an official three-day trip to India.
The Bharatiya Janata Party asked former Prime Minister Manmohan Singh and the Congress to answer allegations of "improper compromises" by three former chief justices of India during the United Progressive Alliance rule, saying the matter was "unfortunate".
Foreign residents increased their holdings of long-term US securities in May; net purchases were $34.6 billion.
This will be Prime Minister Modi's sixth G20 Summit which is being held at Osaka on June 28-29.
Xi and Modi met soon after their arrival at a summit of the BRICS group of emerging powers. Xi said the two countries should join hands in setting global rules and suggested he attend the November meeting of the 21-nation APEC in Beijing, as well as take part in Chinese-led regional initiatives.
The G20 meeting of the finance ministers and central bank governors beginning July 19 will also be attended by Reserve Bank of India Governor D Subbarao and Deputy Governor Urjit Patel.
Of the BRIC (Brazil, Russia, India and China) economies, China, Russia and Brazil posted sharper increases in activity, but India registered a fourth successive decline in output.
Prime Minister Narendra Modi will visit Japan, a key strategic partner, next month as he embarks on a busy foreign travel schedule in coming months that will include Bhutan, Brazil and the US.
Dharmendra Pradhan, Mukhtar Abbas Naqvi, Nirmala Sitharaman and Piyush Goyal have been elevated to Cabinet ministers.
'Breaking out of the corner into which China has painted itself would be a feat.' 'Whether Xi is able to pull it off will be known in the coming days,' says B S Raghavan, the distinguished civil servant and member of the Joint Intelligence Committee at the time of China's invasion of India.
India has been ranked 98th in the Forbes list of world's best countries for doing business that has cited poverty, corruption and discrimination against girls among the challenges facing the country.
The study focuses solely on persons with a net worth of $30 million and above (after accounting for shares in public and private companies, residential and investment properties, art collections, planes, cash and other assets).
'The Chinese can't be trusted hence the need to verify and re-verify.'
The meet will focus on the recent global economic developments, challenges and collective measures to address them
Only India is anticipated to witness better growth momentum among the BRIC bloc
India's retail inflation is the highest among the BRICS group of emerging economies.
With growing urbanisation in India, nearly 85 crore people are estimated to live in cities across the country by 2050, a latest report by industry chamber CII and realty consultant Jones Lang LaSalle said.
About 27% of businesses globally expect to increase employment in 2013, down one percentage point from 2011 and below the pre-crisis level of 33%.
Investors who ditched US markets for emerging ones during the financial crisis are set to pay a hefty price.
Despite the slowdown, India's population of rich is growing. The country saw 120 more individuals join the exclusive club.
While India has scored well on parameters like workforce and employment, it has fared poorly for health and wellness of its labour force, WEF said.
'It is astonishing that such a serious issue be handled in so casual and cavalier a fashion, but this has become what is expected of this government,' observes Aakar Patel.
Chinese Foreign Minister Wang Yi will attend a two-day trilateral meeting of the foreign ministers of Russia, India and China in New Delhi from November 10 to discuss regional and international issues.
During May, the HSBC composite index for India, which maps both manufacturing and services sectors, stood at 52, whereas for China it was 50.9, Brazil (51.2) and Russia (51). An index measure of above 50 indicates expansion.
China, however, remained ambiguous about the status of its own troops.
Narendra Modi will be travelling to Israel, the first by an Indian prime minister to the Jewish country with which bilateral defence cooperation is on an upswing.
Ahead of the first meeting between Prime Minister Manmohan Singh and Chinese President Xi Jinping in Durban, China today said such a meeting will help to build mutual trust and cooperation between the two countries.
The controversial Kudankulam Unit I of the atomic power reactor in Tamil Nadu will become operational by next month, Prime Minister Manmohan Singh has said.
Prime Minister Manmohan Singh will meet China's new President Xi Jinping in Durban on Wednesday, the first bilateral meeting between the two leaders after the leadership change in Beijing.
Contentious boundary issue and ways to boost bilateral ties were among the issues which figured during discussions between National Security Advisor Shivshankar Menon and China's chief negotiator Dai Bingguo in New Delhi on Friday.
India has pitched for a sovereign credit rating upgrade with Fitch Ratings, after announcing its budget last month.
Amid imminent phasing out of the fiscal stimulus by US Federal Reserve, Prime Minister Manmohan Singh on Wednesday called for an "orderly exit" from unconventional monetary policies being pursued by the developed world for the last few years to avoid damaging growth prospects of the developing world.
Fund raising expectations have turned more cautious over the past year due to concerns over governance.
With Donald Trump unable to make it, Modi settles for Brazilian President Jair Bolsonaro.
'While growth will bounce back from the current sub-5 per cent, it will stay lower than the already inadequate long-term average of 6.6 per cent,' notes T N Ninan.
Several factors seem to have corrected in India in the past six months, says the president of New Development Bank.
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