The two countries, among the very few fast growing large economies globally, also decided to boost bilateral trade and investment in areas of oil and gas, renewable energy, IT and pharmaceuticals, during talks between Prime Minister Narendra Modi and Indonesian President Joko Widodo.
It includes a session with Gadkari on analysing the initiatives needed to bridge the $1 trillion infrastructure deficit in the country.
It further said India is facilitating external commercial borrowings by startups in order to encourage innovation and promote ease of doing business.
'While many Chinese policy makers dismiss the political, economic and technological component of US-India relations, they express caution on the defence-related ties which also happens to be a major driver in US-India relations,' explains China expert Srikanth Kondapalli.
The business council aims to give impetus to trade.
Getting an assurance from the Apple CEO on manufacturing in India will mean much to the NDA government.
RBI itself is part of the multi-agency group announced by the Indian government to monitor such holdings and take appropriate action.
The exemption from MAT does not apply retroactively.
Adani, which estimates its project will generate more than A$22 billion ($15.6 billion) in taxes and royalties, has yet to line up funding but is sticking to a late 2017 start date.
Responding to questions, the World Bank president insisted that this slowdown is temporary.
Conflict of interest between US President Barack Obama's pitch for Make in America and Prime Minister Narendra Modi's Make in India may arise but a 'win-win' situation can be fashioned if manufacturers on both sides embed themselves in each other's supply chains, according to Mahindra Group Chairman Anand Mahindra.
Promoters of 517 companies have pledged nearly 46.35 per cent of their shares, the highest since the 2008 global financial crisis.
Asserting that foreign funds are very bullish on investment opportunities in India, a senior government official said on Friday the country was a profitable place to do business and would soon become an easier place for business.
In China, premiums fell to about $1.50 an ounce on Friday from $2-$3 an ounce.
India and South Africa on Friday agreed to deepen engagement in key areas of defence production, manufacturing, mining and minerals and combating terrorism.
He noted that the Rupee has firmed recently but cautioned that the currency should not lose its competitiveness in global trade.
India on Monday got the backing of Switzerland in its bid to become a member of the Nuclear Suppliers Group.
Still, the earliest India will get to experience Apple online will be early 2020 and the company's first fully-owned signature store should be up around 2022 -- almost two decades after it had opened its first store worldwide, writes Nivedita Mookerji.
India will welcome two trade missions in 2015 focused on meeting its infrastructure needs with US technology and services.
Both leaders also exchanged views on the situations in South Asia, an official Chinese statement said about the meeting between Xi and Khan.
Jaitley said, "I welcome this investigation. I think it is a healthy step that these kind of exposes are being made. I have been repeatedly saying that the world is now going to increasingly become more transparent, countries are cooperating with each other and slowly all this information is going to come out as a result of various global initiatives which have been launched."
The sources said the matter should have been referred to the Cabinet Committee on Economic Affairs as foreign investments above Rs 600 crore (Rs 6 billion) can only be cleared by Cabinet Committee on Economic Affairs headed by the Prime Minister.
Narendra Modi's success at the BRICS summit is the best Diwali gift for India's diplomacy and marks her ascendancy to global leadership, says Tarun Vijay.
Karunanidhi was convinced that using the 2G cases against the DMK and reopening the fodder case against Lalu Prasad Yadav were products of the Congress leadership's short-sightedness. A revealing excerpt from A S Panneerselvan's Karunanidhi: A Life.
'India's print media appears to be on the ventilator, gasping for breath, cutting staff, cutting salaries, cutting editions, cutting off its hands and legs,' notes Krishna Prasad.
11th-hour debt restructuring programme offered no concessions to creditors
Jaitley said he is meeting the existing investors and potential investors, those who are looking at India, those who are looking to expand.
"We are committed to building a new India. We have to do this as early as possible," he said.
A strong showing will be vital to Narendra Modi's chances of a second term.
Retired soccer star David Beckham and Major League Soccer (MLS) took a step toward fielding a new Miami team as local officials on Tuesday unanimously approved on-going efforts to find a suitable stadium location.
The government's critics say that the Prime Minister failed to rein in vicious and unprecedented personal attacks on the central bank chief by the likes of Rajya Sabha MP Subramanian Swamy.
'What made him different was that he was not a banker at all by temperament.' 'He was a businessman, a typical lalaji at that.' 'He had to win at any cost.'
'If a 'two-front war' develops, Iron Brother may only turn out to be a drag on the PLA, since Pakistan is in no position to wage a war with India,' argues Ambassador M K Bhadrakumar.
The next big destination for IS in South Asia could be India. In India, the SIMI-IM network can provide the logistics for an IS staging area, says Brigadier S K Chatterji (retd).
Ratan Tata was the first one to realise that Indian companies had become a prisoner to tradition and needed to radically innovate.
N Sundaresha Subramanian digs deeper into what Catalyst, an Indo-US project, brings to the payments ecosystem.
India may seek US' help for extradition of Dawood Ibrahim, the mastermind of 1993 Mumbai blasts, as they vowed to make "joint and concerted efforts" to dismantle safe havens for terror and criminal networks like Lashkar-e-Tayiba, Jaish-e-Mohammed, D-company, Al-Qaeda and Haqqani network.
Prime Minister Manmohan Singh on Thursday said a strong domestic manufacturing base in electronics and telecommunications will mitigate burden of growing imports for the sector.
The wealth of India's richest 1 per cent increased by over Rs 20.9 lakh crore during 2017.
While accounts/pages linked to the Congress party appeared to be large in number, the following or reach of pro-BJP accounts was several times more.