NEW DELHI: Global defence and aviation major Boeing on Wednesday announced setting up of Boeing Defence India (BDI), a local business entity, to support the company's future growth in the country, said a company statement.
WASHINGTON: Recognising India's status as a 'Major Defence Partner', the US has made necessary changes in its export control laws that would benefit India by facilitating smoother transfer of technologies and arms to it.
India is currently the world’s fastest-growing major economy. And before long, it may leapfrog the US on a ranking of the largest.
In India, for the price of the latest iPhone, you could eat breakfast, lunch and dinner for an entire year, and still have a bit of cash to spare.
NEW DELHI: India is likely to face pressure from developed countries to open up its ecommerce sector. G-20 has for the first time asked various countries, including India, their views on ecommerce.
BENGALURU: Is India's economy prepared to shift from cash to a 'less-cash' model that the government has been talking about since demonetisation? Yes, says Nandan Nilekani, a name synonymous with Aadhaar, and now part of the Niti Aayog panel on e-payments that is working with chief ministers to promote the use of digital payments systems across the country.
"The immediate withdrawal of a large volume of currency in circulation and subsequent replacement with new notes announced by the government in November contributed to slowing growth in 2016", the World Bank said in its report.
CHENNAI: Global credit rating agency Moody's on Tuesday said the ongoing reforms in India are likely to boost medium-term growth while the overall outlook for creditworthiness of sovereigns in Asia Pacific is stable.
Prime Minister Narendra Modi lured investors with the promise of progressive policies while inaugurating on Tuesday the eighth edition of the Vibrant Gujarat Global Summit, a biennial business meet he had launched as the state’s chief minister in 2003.
NEW DELHI— Alphabet Inc.’s Google is ramping up its efforts to get India’s small businesses online, the latest step in its quest to win new users in the populous nation.