India poised to become clean energy capital of the world: Shri Piyush Goyal

Mr Piyush Goyal, Minister of State (Independent Charge) for Power, Coal, New and Renewable Energy, outlined Government of India's plans to make India clean energy capital of the world by enhancing the use of clean technology and renewables for generating power.

India secures second spot on Global Retail Development (GRD) Index in ease of doing business

India has been ranked second among a list of 30 developing countries on the basis of ease of doing business, according to A T Kearney 2016 Global Retail Development (GRD) Index.

India to grow at 7.6% in FY17, says World Bank

The Indian economy is expected to grow by 7.6 per cent during FY 2016-17, thereby retaining its position as the fastest growing major economy in the world, according to the Global Economic Prospects report by The World Bank.

Govt to relax visa rules further in bid to boost services exports

The Government of India plans to significantly liberalise its visa regime, including allowing multiple-entry tourist and business visas, which is expected to boost India's services exports.

India, US to forge $1-bn renewable energy pact

The Government of India will likely sign a US$ 1 billion partnership with the US government, aimed at funding off-grid solar projects, mini-grids for rural areas and other subsidy-based projects for economically backward regions in India.

India and Qatar boost energy ties, ink seven pacts

Government of India and Government of Qatar have signed seven agreements, including Memorandum of Understanding (MoU) on cooperation in tourism, MoU for investment in National Investment & Infrastructure Fund, MoU on Finance Intelligence Unit-India (FIU-IND) and Qatar Financial Information Unit (QFIU), among others.

India to have 810 mn smartphone subscribers by 2021: report

Smartphone subscriptions in India is expected to increase four-fold to 810 million users by 2021, while the total smartphone traffic is expected to grow seventeen-fold to 4.2 exabytes (EB) per month by 2021, according to the Ericsson Mobility Report India.

US firms pledge $45-bn investments

US companies will invest over Rs 300,000 crore (US$ 45 billion) in India in the next two to three years, said Mr John Chambers, Chairman, US-India Business Council (USIBC).

Media, entertainment industry to hit $40 billion by 2020: PwC

The Indian media and entertainment industry is expected to reach US$ 40 billion by 2020 from US$ 25.13 billion in 2015, according to a report titled 'Global Entertainment and Media Outlook 2016-20' by PricewaterhouseCoopers (PwC).

Fintech revenues might double to $2.4 bn by 2020

Financial technologies (fintech) software market in India is expected to double to US$ 2.4 billion by 2020 from around US$ 1.2 billion at present, as per leading research company KPMG and industry body Nasscom.

Solar capacity shoots past 7.5 GW mark in May

The cumulative solar installations in India have crossed the 7.5 gigawatt (GW) mark in May 2016, about 2.2 GW more than all of the solar installations in 2015, according to a report by Mercom Capital, a global clean energy communications and consulting firm.

Reliance Lifesciences launches world's first biosimilar used to treat advanced cancers

Reliance Lifesciences, the biopharmaceutical unit of Reliance Industries Limited (RIL), has launched the world's first biosimilar of bevacizumab which is a complex medicine used to treat advanced cancers.