Citigroup Inc, the largest US bank, has asked India to liberalise its financial services sector, saying it would help the country maintain and improve over eight per cent GDP growth.
Union Minister of Commerce and Industries Kamal Nath, would lead a high powered team to Davos in Switzerland sources in the government of India said in an informal chat with rediff.com.
Supported by slightly stronger global growth, improving export competitiveness and implementation of recently approved investment projects, India's growth is expected to recover from 4.4 per cent in 2013 to 5.4 per cent in 2014, the IMF said.
There is a significant shift happening towards emerging economies as they start to integrate more rapidly into the global trading system
The World Economic Forum's five-day annual summit began in Davos this evening amid hopes of recovery in global economy and a time of renewed terror threats after recent strikes in France and other parts of globe.
The surge in investment in manufacturing seems to have prompted the International Monetary Fund to increase the gross domestic product growth forecast to 8.4 per cent for 2007.
After rating different factors, the World Economic Forum's new Travel & Tourism Competitiveness Report 2007 has ranked India as low as 65 among a total of 124 countries.
The United States on Monday ruled out cutting farm subsidies unilaterally, but said it was open to talks on the subject with a view to restarting the Doha Round of negotiations at the World Trade Organisation.
The India Today group said on Monday it would launch an English language daily in New Delhi early next year.
Sustaining 8-10 per cent growth will require lots of partnerships and some innovation says Lee Howell of the World Economic Forum.
While India's GDP is pegged at 7.7%, China is projected to grow at 7%.
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A team from Serbia had participated in the Vibrant Gujarat Summit in 2013, and that country is participating in this year's summit as well.
India has been ranked very low, mostly in the bottom half, globally on most of the parameters for inclusive growth and development even as it fares much better internationally when it come to business and political ethics.
Over-expansion, bad management, and multiple allegations irreparably taint Malvinder and Shivinder Singh
India is ranked lower than all its BRICS peers -- Russia, China, Brazil and South Africa
For its development, India needs a movement akin to the freedom movement, Prime Minister Narendra Modi said on Saturday.
Aditya Mittal, the son of LN Mittal, the family that pulled off the audacious Arcelor acquisition just last year proves that a businessman of Indian origin can actually rule the world.
Speaking on Friday at the 44th World Economic Forum Annual Meeting, Jose Manuel Barroso, President of the European Commission, warned that while the Eurozone was showing strong signs of recovery, the crisis was far from over.
The development of the Rih-Tiddim road and establishment of numerous rural "haat" (flee markets) along the Mizoram-Myanmar border would also increase the trade volume, Modi said while addressing a public meeting at the Assam Rifles ground here after inaugurating the 60-MW Tuirial hydro-electric power project.
APESMA chief executive John Vines said the lack of confidence expressed by business community about the standard of Australian education reflects workforce issues.
The International Monetary Fund on Thursday asked India to "very carefully" look at the much-touted Special Economic Zones, saying the giveaways and tax sops to the zones could divert industrial activity from the rest of the country.
News of all that's transpired on and off the football field
'Hardliners who are against denuclearisation may be working secretly on North Korea's nuclear activities, despite official claims that dismantling its nuclear arsenal has already begun.'' 'Does it mean that Kim does not have full control over the military,' asks Dr Rajaram Panda.
The advanced economies have been experiencing their longest period of slow growth.
In comments that may be seen as pointers to the forthcoming Budget, a senior government official said that raising tax rates was no more an option.
'Price spike shaved 1 percentage point off GDP growth'.
Donald Trump blamed the Democrats after the bill, which would have provided short-term funding for the Pentagon and other federal agencies, did not receive the required 60 votes.
As per OECD's September estimates, global growth was to be 3 per cent this year and 3.6 per cent in 2016.
The issue at hand is not ASEAN versus Chindia, but ASEAN plus Chindia. Given the strengths of ASEAN and the growing muscle of India and China, the scope for constructive cooperation is immense, he said.
"The notion that companies in Asia are winning market share only on cost is obsolete," said meeting co-chair Nandan M Nilekani, president, chief executive officer and managing director, Infosys Technologies, India.
Here's a pick of what Warrenn Buffett had to say over the weekend, and his annual 'Woodstock for Capitalists'.
The government has set seven per cent as the GDP target for this year.
Stock specific action is seen with some of the prominent companies posting their quarterly numbers.
It will come with at least two means of charging: with your arms and your feet
India is ready to further cut import tariffs on industrial goods for using it as a strong bargaining point in World Trade Organisation negotiations, Commerce and Industry Minister Kamal Nath said on Monday.
This and many more issues related to India's growth will be deliberated at the 22nd edition of the India Economic Summit, to be held here from November 26 to November 28
We need to create collaborative and/or disruptive platforms like Uber and Airbnb in all sectors to ensure responsive and responsible inclusive growth, says C P Gurnani.
China, at 28, remains by far the most competitive of this group.
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