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India can be a bright spot, says economist Nouriel Roubini
India has the potential to be one of the bright spots in a lackluster global economy, due to an accelerated pace of reforms, as per US based economist Mr Nouriel Roubini.
8 Indian start-ups make it to Google's Launchpad Accelerator in US
Eight Indian start-ups have been selected for the first 'Launchpad Accelerator' programme in US by Google, which includes mentorship and access to Google Product Managers, a startup package of seed funding and Google product credits.
India has the potential at 8-9 per cent in a friendlier global climate, as per Mr Arun Jaitley
During a panel discussion at the World Economic Forum (WEF) in Davos, Mr Arun Jaitley, Minister of Finance, Government of India highlighted that India has grown at 7-7.5 per cent in spite of two droughts and global issues, and can grow at a higher rate of 8-9 per cent if the global climate was more conducive.
Smartphone shipments set to grow 37% in 2016: CMR
Smartphone shipments in India are expected to grow 37 per cent year-on-year in 2016 as against an average growth of 32 per cent for previous three years, according to a report by Cybermedia Research (CMR).
India shines on global passenger vehicle map
Domestic passenger vehicle sales in India (cars, vans and utility vehicles) increased by 7.9 per cent in 2015, outpacing growth in larger markets such as US, UK, China and Germany, as result of new launches, declining fuel prices and lower interest rate, according to Society of Indian Automobile Manufacturers (SIAM).
New power tariff policy supports low rates, smart tech
The Union Cabinet has approved amendments to the new power tariff policy under the Electricity Act that aims to improve regulations for setting rates, promote clean energy and ensure uninterrupted supply to all consumers by FY 2021-22.
Cabinet approves setting up of over 5,000 MW of grid-connected solar PV power projects
The Cabinet Committee on Economic Affairs (CCEA) has approved setting up over 5,000 Megawatt (MW) of grid-connected solar PV power projects requiring total investments of around Rs 30,000 crore (US$ 4.4 billion) on build, own and operate basis which will be implemented by Solar Power Developers (SPDs) with Viability Gap Funding (VGF).
Government's focus is on reviving private investments, as per Mr Arun Jaitley
During a session 'India — The next growth engine of the world', Mr Arun Jaitley, Minister of Finance, Government of India, highlighted that the government’s next area of focus will be to revive private investments, which can become one of the additional growth engines for the economy.