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India is now the 7th most valued 'nation brand': Survey
India’s brand value increased by 32 per cent, the most among top 20 countries, and also increased by one position in last one year to become the world’s seventh most valued ‘nation brand’, as per the annual report on world’s most valuable nation brands compiled by Brand Finance.
India to become the largest cotton producer in the world
India is expected to become the largest cotton producer in the world in FY 2015-16, replacing China, with estimated cotton production of around 400 lakh bales, according to Southern India Mills’ Association (SIMA), the apex body of spinners in the Southern Region.
India once again tops Nielsen’s global confidence index
India has topped the global confidence index for July-September 2015 quarter for sixth time in a row, according to the Nielsen Global Survey of Consumer Confidence and Spending Intentions, indicating brighter prospects for economic growth.
India retains top slot in air traffic growth
India maintained its position as the fastest growing domestic air traffic market with 13.2 per cent year-on-year growth in September 2015, according to International Air Transport Association.
Government looking to ease FDI rules: Jaitley
Finance Minister Mr Arun Jaitley indicated that the government is readying a reform plan to be implemented shortly to ease the rules regarding foreign direct investment (FDI) and reduce the number of approvals needed, in order to speed up investments.
India and Indonesia to increase bilateral trade, mutual investments and cooperation in defence and counter-terrorism: Vice President of India
The Vice President of India, Mr M Hamid Ansari, reiterated India’s commitment towards Indonesia to increase bilateral trade, mutual investments and cooperation in defence and counter-terrorism, while speaking at a joint Press Conference with the Vice President of Indonesia, Mr. Jusuf Kalla, in Jakarta, Indonesia.
India sees 18% jump in M&As in September quarter
Indian companies witnessed mergers and acquisitions (M&As) worth US$ 7.7 billion during June-September, 2015 which was 18 per cent higher compared to same period a year ago, majorly driven by the technology sector and cross border transactions, which accounted for 85 per cent of total deal value.
Index of Eight Core Industries increases 3.2 per cent in September 2015
The combined index of eight core industries stood at 166.8 in September 2015, indicating a growth of 3.2 per cent compared to the index of September 2014. Its cumulative growth during April to September, 2015-16 was 2.3 per cent.
Madhya Pradesh proposes Rs.1,656 cr AMRUT Action Plan to improve basic infra in 32 mission cities
The Government of Madhya has proposed Rs 1,656 crore (US$ 251.6 million) in State Annual Action Plan (SAAP) to improve water supply and sewerage network services in 32 cities and towns under the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) plan.
Big boost for North-East: Nitin Gadkari announces projects worth Rs 10,000 crore for Nagaland
The Government of India has announced projects worth Rs 10,000 crore (US$ 1.5 billion) for road and bridges development covering 10,000 km for Nagaland, which will be taken up in March 2017 and will be completed over the next five years.
Single-window clearance for urban projects by November 30, says Venkaiah Naidu
Mr Venkaiah Naidu, Union Minister of Urban Development of India, has announced that a single-window clearance mechanism for urban development projects will be effective from November 30, 2015 which will help provide quick approvals without delays, thereby attracting more foreign investments.
France to give €2 billion for smart cities
France has announced a commitment of € 2 billion (US$ 2.17 billion) to convert Chandigarh, Nagpur and Puducherry into smart cities, thereby becoming the first nation to specify a financial commitment towards the government’s ‘Smart City’ initiative.