FDI

First ever SAARC Tourism Summit in India

First ever SAARC Tourism Summit in India

August 22, 2016

External affairs ministry of India is going to host the country’s first SAARC Tourism Summit in Aurangabad, in the second week of October to promote India’s tourism potential to the world.

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Indian economy may escalate by 7.8 pc in 2017

Indian economy may escalate by 7.8 pc in 2017

July 21, 2016

According to a recent report by the Asian Development Bank (ADB), the Indian economy may grow by 7.4 pc in the current fiscal period and by 7.8 pc in 2017, despite the challenges.

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India-US tourism sector to create 46 million jobs by 2025

India-US tourism sector to create 46 million jobs by 2025

July 1, 2016

While India and USA join hands to explore the travel and tourism sector as a means to drive economic growth, the untapped potential of India as an outbound destination for the most frequently travelling US tourists remain a major concern.

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Red carpet for foreign funds

Red carpet for foreign funds

June 21, 2016

The Government of India announced liberalisation of the Foreign Direct Investment (FDI) system by easing norms for a couple of important sectors including defence, food retail, aviation and pharmaceuticals.

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Increasing labour costs

Increasing labour costs

May 18, 2016

According to a study, the increasing labour costs in India will be a hindrance in India’s cost competitiveness that is forecasted to reduce from 44 pc to 30 pc by 2030. Growing labour costs will dent India’s cost competitiveness in manufacturing vis-à- vis Europe and is esti...

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Indian Budget 2016

Indian Budget 2016

February 29, 2016

The 2016 Indian Budget, presented on Monday by Finance Minister Arun Jaitley, is first focused on a rural economy that still needs some boosting. It aims also at further reforms to accelerate investments, while keeping the public deficit at 3.5% of the Gross Domestic Product. And...

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Emerging markets

Emerging markets

February 26, 2016

India has just taken up the presidency of the Brics (Brazil, Russia, India, China, South Africa) group. It has become the strongest economic performer of this heterogeneous ensemble, with the highest growth and the most readable investment context among these five countries. Sinc...

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