August 30, 2016
Every day we compile the latest news on the Indian economy to keep you abreast and updated on the current state of commercial affairs. So that Indian economy news stays fresh and crisp as your daily newspaper, with inputs from the best resources. Our compilations bring business news reports that are relevant today and tomorrow, giving vital inputs on the various sectors of the Indian Industry and trade. The news gathered from across the financial and political hubs of India so that you know the shape of things to come in the Indian economy.
India ranks third globally in implementing robotic automation in their core business processes: Chartered Institute of Management Accountants (CIMA)
Mumbai: The Indian economy is expected to grow at 7.6 per cent in FY 2016-17, based on a better than anticipated agricultural performance and the possibility of allowances under the Seventh Pay Commission, according to the Reserve Bank of India (RBI).
Washington: India and the US have signed an agreement on military logistics, which will allow each nation to use the other's defence facilities to replenish warships, aircraft and land forces.
New Delhi: Government of India and Government of Myanmar have signed four pacts, which includes pacts to speed up construction of the Asian Trilateral Highway and agreeing to cooperate in efforts to fight insurgency, after the bilateral talks between Mr Narendra Modi, Prime Minister of India, and Mr Htin Kyaw, President of Myanmar in New Delhi.
Mumbai: The Tata Group has entered into collaborations with world's leading academic institutions, which include Harvard University, Yale University, the Indian Institute of Technology, Madras, and the Royal Society, United Kingdom, in order to fund research and development opportunities in the country.
New Delhi: US-based cab aggregator Uber, which started its business in India three years ago, now has expanded its operations in over 20 Indian cities with thousands of cab drivers, thereby making India its fastest-growing market across the globe and hence plans to continue to invest in the country.