Given the economic slowdown, Masaru Tamagawa, managing director, Sony India, believes India will be better suited to help Sony meet its worldwide target.
For now, dollar can reign but BRIC nations have decided to address the issue at the 2010 Brazil summit.
Wang and Swaraj also discussed issues relating to annual BRICS summit which will be hosted by India in Goa in October.
The voting share of India in IMF would increase to 2.6 per cent from 2.34 per cent.
PM Modi addressed around 1,500 Indians in Seoul on Monday. These are the highlights of his speech
Prime Minister Narendra Modi asked G20 nations to freeze and repatriate unaccounted money hoarded abroad.
'While overall this is a face saving deal just before the BRICS meeting in Xiamen, any forward military movement at Doklam once again could bring the two Asian giants at loggerheads,' says China expert Srikanth Kondapalli.
About 60 per cent of BRIC (Brazil, Russia, India and China) nations anticipate a rise in business activity whereas only two per cent expect a decline. These are the findings of the latest Business Outlook Survey conducted in April by advisory firm KPMG.
The Foreign Ministry also posted a 15-page fact sheet with maps and other details about the standoff since it began on June 16.
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.
According to KPMG survey, BRIC nations are more optimistic about growth in 2008 than US.
India and Brazil on Wednesday called for urgent progress in reforms of the UN Security Council, as they agreed to scale up bilateral ties and deepen cooperation in international fora.
Prime Minister Narendra Modi on Tuesday met Chinese President Xi Jinping in Fortaleza, Brazil and pressed for a solution to the boundary question, saying if the two sides could amicably resolve the vexed issue, it would set an example for the world on peaceful conflict resolution.
India's scores low due to poor quality of its political, regulatory, and business environment.
'The Chinese can't be trusted hence the need to verify and re-verify.'
India along with BRICS countries on Wednesday voted in support of a UN Human Rights Council resolution to launch a probe into Israel's offensive on Gaza. India joined Brazil, Russia, China and South Africa to vote for a Palestinian-drafted resolution on "Ensuring Respect for international law in The Occupied Palestinian Territories, including East Jersusalem".
Middle class and first time smartphone buyers in emerging markets such as India and China were among the major drivers of iPhone sales in January-March period
The existing SAARC Development Fund could be merged into the bank.
While Indian firms performed the best in fighting corruption, Transparency International has slammed Chinese companies for their opaque business practices.
This will be Prime Minister Modi's sixth G20 Summit which is being held at Osaka on June 28-29.
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.
a stronger cooperation with China could help India achieve faster growth
'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.
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.
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.
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.
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.
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.
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.
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 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
By jettisoning the vision of multilateral world in favour of a Han Empire, China has posed a major long term challenge to India. India must stand firm against Chinese expansionism but also keep a door open for future detente by making a clear distinction between Chinese people and the current Chinese leadership, observe Lieutenant General Ashok Joshi (Retd) and Colonel Anil Athale (Retd).
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.
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