India retains fastest-growing economy tag, grows 7.6% in 2015-16

India has managed to retain its position as the world’s fastest growing major economy as its real gross domestic product (GDP) grew by 7.6 per cent in FY 2015-16.

India grabs third spot in global tech investment destinations list

India ranks third among the most attractive investment destinations for technology transactions in the world, as per Ernst & Young's (EYs) Global Capital Confidence Barometer (CCB) - Technology report.

India among top 5 destinations for innovation centres

India is becoming a new innovation destination of choice, with Bengaluru been ranked fifth among the top ten destinations in the world to open innovation centres, according to a Capgemini report titled Digital Dynasties: The Rise of Innovation Empires Worldwide.

India climbs to 41st slot on competitiveness ranking

India climbs three spots to 41st slot in competitiveness ranking on the World Competitiveness Scoreboard, 2016, according to the International Institute for Management and Development (IMD).

India & USA Signs MoU To Enhance Cooperation on Energy Security, Clean Energy & Climate Change

The Government of India and the Government of the United States of America have signed a memorandum of understanding (MoU) to enhance cooperation on energy security, clean energy and climate change through increased bilateral engagement and further joint initiatives for promoting sustainable growth.

E-commerce to reach $60-bn GMV by 2020

Indian e-commerce sector is expected to touch US$ 60 billion in gross merchandise value (GMV) by 2020, as per 'Digital Retail 2020' report by Google and AT Kearney.

Forex reserves grow $18 billion to $360 billion in FY16

India's foreign exchange reserves stood at US$ 360 billion by end of March 2016, as compared with US$ 342 billion at same time last year, according to data from the Reserve Bank of India (RBI).

FY16 fiscal deficit target met

The Government of India has achieved the fiscal deficit target of 3.9 per cent of GDP or Rs 532,000 crore (US$ 80 billion) for FY2015-16, and has set a fiscal deficit target of 3.5 per cent of GDP for FY 2016-17.

Govt eyes 10,000 solar, wind, and biomass projects in 5 years

New Delhi: The Government of India plans to start as many as 10,000 solar, wind and biomass power projects in next five years, with an average capacity of 50 kilowatt per project, thereby adding 500 megawatt to the total installed capacity.

Met department forecasts above normal monsoon for 2016

The India Meteorological Department (IMD) has forecasted that India will receive an above-normal monsoon in 2016 with a long period average (LPA) of 106 per cent, which will help revive farm incomes and boost rural spending.

1.04 crore people skilled in 2015-16 under Skill India Mission; a quantum leap by 36.8% since last year: Shri Rajiv Pratap Rudy

Mr Rajiv Pratap Rudy, Union Minister of State for Skill Development and Entrepreneurship (Independent Charge) and Parliamentary Affairs, announced that more 10.4 million youth have been trained under the Skill India Mission in FY 2015-16, a significant growth of 36.8 per cent in number over the previous year.

HP, Lenovo, Acer, EMC & IBM in fray for govt’s National Supercomputing Mission

Some of the world's largest makers of personal computers (PCs), such as Hewlett Packard Enterprises (HP), Lenovo, Acer, EMC and International Business Machines Corporation (IBM), are in the race for Indian government's National Supercomputing Mission, which is aimed at building 73 supercomputers in the country by 2020.