July 26, 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's car market will likely become the fourth-largest market in the world by reaching 5 million units in annual sales by 2020: Mr RC Bhargava, Chairman, Maruti Suzuki
New Delhi: The Ministry of Agriculture and Farmers Welfare and the US Agency for International Development (USAID) launched the second phase of Feed the Future India-Triangular Training Program, aimed at training over 1,500 farm professionals from 17 countries across Africa and Asia in new agriculture techniques, over the next four years.
New Delhi: The Government of India plans to establish the country's first All India Institute of Homoeopathy (AIIH) at Narela in New Delhi, which would be developed as a post graduate and doctoral research institute focused on fundamental research, drug safety evaluation, standardization, quality control and scientific validation of homoeopathy.
Hyderabad/Mumbai: India's digital payments industry is expected to grow by 10 times to reach US$ 500 billion by 2020 and contribute 15 per cent of gross domestic product (GDP), according to a report by Google and Boston Consulting Group.
Bengaluru: Mr Nandan Nilekani, co-founder of Infosys, has invested in 10i Commerce Services which is an e-commerce start-up that seeks to help small traditional shops fight online and organised retailers by getting many small vendors sell products and services on a language-friendly smartphone app for local users in remote parts of the country.
Bengaluru: Apple Incorporation plans to set up its design and development accelerator at Yelahanka in Northern Bengaluru, with a view to harness the local talent in the India's technology capital and encourage more developers to build applications for its iPhone.