Chinese President Xi Jinping, who is in Islamabad on a two-day state visit, will unveil a $45 billion investment plan that can help Pakistan end its chronic energy crisis and help transform it into a regional economic hub. The investments offer a real opportunity to change the scope Sino-Pakistan relationship “from geo-politics to geo-economics,” said […]
A week after it revised its outlook on India to positive from stable, international credit rating major Moody’s pegged India’s growth at 7.5 percent for 2015. “India’s economy is on a cyclical upswing. Forward looking indicators suggest domestic demand is gathering momentum,” said Faraz Syed, associate economist, Moody’s Analytics. According to the ratings agency, low […]
The World Bank and the International Monetary Fund (IMF), also called the Bretton Woods twins, have forecast India’s growth to speed up to 7.5-8 percent next fiscal, outpacing China, thanks to the reforms focus of Prime Minister Narendra Modi’s government. In separate studies released on Tuesday – South Asia Economic Focus by the World Bank […]
The familiar lion-logo of Prime Minister Narendra Modi’s “Make in India” campaign was painted all over this German town, as he made a strong pitch to attract more foreign capital, especially in 25 identified sectors — from automobiles to wellness. From large billboards at prime locales to trams and busses, all were draped with the […]
With India as the official partner at this year’s Hanover Messe, touted as the world’s largest industrial fair, Russia’s top innovation fund, the Skolkovo Foundation, has drawn up plans to engage with India Inc for joint projects in a host of areas, its top brass has said. Around 350 companies from India are expected to […]
AS Prime Minister Narendra Modi embarks on a visit to France, the first stop of his three-nation tour, it’s worth bearing in mind that the country’s hexagonal geography and its multi-dimensional policies and technology skills have the potential to match India’s 21st-century aspirations. At the same time, the French are looking at India as a […]
The West Bengal government has proposed setting up a City-to-City (C2C) partnership of Howrah with Yokohama in Japan, Chief Minister Mamata Banerjee said here Thursday. “We have proposed to set up a C2C partnership of Howrah with Yokohama. This bilateral co-operation will lead to social, economic and cultural exchanges between the two satellite cities with […]
Saudi Arabia, the largest supplier of crude oil to India, is keen to participate in the Make in India initiative of the Narendra Modi government and has asked its businesspeople to explore the opportunities in India under the scheme, the kingdom’s envoy has said. “I think it is a very good idea the initiative of […]
Q) Why did MoneyGram choose cricket? What does this sponsorship mean to us? A) MoneyGram’s brand and services are well known in ‘cricket countries’ and we are committed to supporting initiatives that matter to our valued customers. Since 2011, MoneyGram has been the official sponsor of the ICC Cricket World Cup and we are proud […]
The World Bank said on Tuesday it has signed a $500 million loan agreement with India to improve financial access for the country’s small-scale business enterprises in the manufacturing and services domain. “Lack of adequate finance is one of the biggest challenges facing the MSME (Micro, Small and Medium Enterprises) sector. Financial institutions have limited […]