India with 49 other countries signs agreement on China-led AIIB

India, along with representatives from 50 countries, signed an agreement to provide legal framework to the US$ 100 billion multilateral Asian Infrastructure Investment Bank (AIIB).

Mitsubishi expects India’s revival to be next driver of commodity cycle

The growth in Indian economy and demand for building large scale infrastructure would drive the next revival in the commodity cycle, as per Mitsubishi Corp.

GDP to grow 8% in FY16; hit $3 trn mark in 5 years: Panagariya

The Indian economy is expected to grow at eight per cent in FY16 and to cross the US$ 3 trillion mark in less than five years, according to Mr Arvind Panagariya, Vice Chairman, NITI Aayog.

Narendra Modi revives digital India campaign with ‘digital week’

The "Digital week" campaign has been launched with a view to popularise Government of India's "Digital India" initiative, that aims to connect 250,000 villages in India by 2019.

Industry hails 'Digital India' move, top CEOs commit to invest Rs 4.5 trillion

India's top business leaders Cyrus Mistry, Sunil Bharti Mittal, Anil Ambani and Mukesh Ambani have applauded the government's Digital India scheme worth Rs 1.13 trillion (US$ 17.93 billion) and have pledged around Rs 4.5 trillion (US$ 71.42 billion) in projects related to Digital India which will generate employment for 18 lakh people.

Growth is picking up, says Raghuram Rajan

Indian economic growth is recovering and the investment is picking up, while the current Greece crisis is expected to have very limited effects on the Indian economy, according to Mr Raghuram Rajan, Governor, Reserve Bank of India (RBI)

India to be a parallel manufacturing hub to China: Ravi Shankar Prasad

Owing to increased government reforms in manufacturing, India is expected to become a parallel manufacturing hub to China in electronics manufacturing, according to Mr Ravi Shankar Prasad, Minister for Telecom and IT, Government of India.