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India's first Mobile Open Exchange zone inaugurated at Noida

July 30, 2018

Prime Minister Narendra Modi laid the foundation stone of country’s first Mobile Open Exchange (MOX) zone in Noida, Uttar Pradesh. UP government had signed MoU with World Trade Centre, Noida at UP Investors Summit to develop Tech Zone which will ..

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India ranks 11th in 2018 AT Kearney FDI Confidence Index

July 26, 2018

India has fallen out of top 10 destinations for Foreign Direct Investments (FDI) in terms of its attractiveness according to 2018 Kearney FDI Confidence Index, in which it was ranked 11th, down from 8th in 2017 and 9th in 2016. ..

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Invest India and Business France sign MoU to promote investment

July 26, 2018

Invest India and Business France have signed Memorandum of Understanding (MoU) to promote investment facilitation and cooperation between startups of India and France. The MoU will facilitate direct foreign investment by providing practical investment information to enterprises. It will also support ..

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India ranks 6th Global Optimism Index

July 26, 2018

India was ranked 6th in the global optimism index with business optimism tepid in second quarter (Q2) of 2018. The index was released as part of Grant Thornton’s International Business Report (IBR), a quarterly global business survey. The report was ..

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India to remain fastest growing major economy till 2019-20: ADB

July 21, 2018

According to Asian Development Bank (ADB), India will continue to be fastest growing major economy, ahead of China, with growth rate of 7.3% in 2018-19 and 7.6% in 2019-20.  The growth projections were supplement to ADB’s Asian Development Outlook (ADO). ..

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Lok Sabha passes Fugitive Economic Offenders Bill, 2018

July 20, 2018

Lok Sabha has passed Fugitive Economic Offenders Bill, 2018 that aims to curb practice of evading criminal prosecution by economic offenders fleeing from country to evade clutches Indian law by remaining outside jurisdiction of Indian courts.. The bill will replace ..

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Economic Partnership Agreement: EU, Japan sign massive free trade deal

July 18, 2018

European Union (EU) and Japan have signed Economic Partnership Agreement (EPA). It was signed at EU-Japan summit in Tokyo by EU Presidents Jean-Claude Juncker and Donald Tusk and Japanese Prime Minister Shinzo Abe. It is biggest ever trade deal negotiated ..

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IMF cuts India's growth forecast for 2018 to 7.3%

July 17, 2018

The International Monetary Fund (IMF) in its latest World Economic Outlook (WEO) update has projected growth rate of 7.3% in 2018 and 7.5% in 2019 for India as against 6.7% in 2017. This makes India, fastest growing country among major ..

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