In July 1991, the Government of India officially decided to implement policy reforms towards liberalization of economy. This decision is a basic move and a turning point in the industrialization strategy as well as socio-economic development in India, which has been one of the factors creating momentum for Indian economy to take off faster and stronger in a more sustainable way. Thanks to this revolutionary and comprehensive reform towards liberalization, India's GDP has been increasing continuously since 1991, and this has changed the structure, picture as well as strength of its economy.
India is considering setting up an independent panel to help state-owned banks negotiate settlements with big businesses on bad loans.
Mumbai: India has rejected a plan by Apple Inc (AAPL.O) to import used iPhones, two telecoms ministry officials said, a blow to the U.S. tech giant that has been seeking to revive waning sales of its flagship smartphones.
UNITED NATIONS: India and France have launched a programme with $1 trillion potential to help developing countries harness fully their solar resources for a clean energy future to meet the "biggest challenge humanity has ever faced".
The government on Wednesday said steel prices in the country have fallen by 27 - 30 percent in the last two years, and are among the lowest internationally.
NEW DELHI: India has banned import of milk and milk products, certain mobile phones and a few other items fromChina after finding them sub-standard or not following security codes.
Iranian President Hassan Rouhani assured Indian External Affairs Minister Sushma Swaraj on 17th April that his country can be a “reliable partner” for India’s energy needs, as the two nations decided to significantly expand engagements in their overall ties, particularly in oil and gas sectors.
According to VNA at South Asia, Indian External Affairs Minister Sushma Swaraj arrived in Iran 16th April 2016 on a two-day visit to boost overall ties with a major focus on raising India’s oil imports and enhancing trade with Iran.
India launched its first electronic trading portal on April 14th, 2016 to allow farmers to sell their goods across the country, in move aimed at improving livelihoods of struggling growers and boosting the rural economy.
VNA at New Delhi reported: The conference entitled “Invest Vietnam 2016” was organized in New Delhi, India in the afternoon of Tuesday, 12 April, 2016.