Industrial Growth Slow Down (March 15, 2006)
Government data suggested that industrial growth slowed to 8% from 8.4 because of steep fall in mining and slower year-on-year growth in electrical and manufacturing sectors.<More>

Indian Companies in London Double (March 08 ,2006)
The Foreign Direct Investment agency Think London announced that the number of Indian companies setting up operations in London doubled last year bringing the total investments into London at 30% making India the 2nd largest investor in London.< More >

FM Presents “Election Year” Budget (March 01, 2006)
Finance Minister P. Chidambaram presented the much-anticipated budget that looked and felt like an election-year budget. Therefore, with the economy doing well, the thinking seems to not do much; consequently, the budget is very unimaginative.<More>

India Will have Long-term Payoffs (February 28, 2006)
Economic Strategy Institute (ESI) President Clyde Prestowitz said that investing in China is only good for the short term and the long-term payoffs will come from investing in India.<More>

Larger Investments in Agri, Energy and Infrastructure? (February 28, 2006)
On the eve of the much anticipated budget, the Government economic survey called for large investments in agriculture, energy, and infrastructure and called for fiscal discipline and economic and labor reforms.<More>

Southern States Compete, Communists Lose (February 11, 2006)
The three non-communist Southern states are locked in competition to attract new investments. The latest in this race is a USD 3 billion-fabrication project that can translate into 3.6 million jobs.< More >

Kalam Says Future of Business is Asia (February 08, 2006)
President Abdul Kalam, on an official visit to the Philippines said that Asia is the "future of business."<More>

Increased NRI Remittance Contains Deficit (January 16, 2006)
A 15% increased inward remittances from expatriates have contained current account to about 2.5% of the USD 800 billion Indian economy. <More>

Budget to have Rural Bias (January 11, 2006)
The Indian Finance Minister P. Chidambaram met with business leaders for a pre-budget consultations and hinted that the budget will have a strong rural bias and emphasis.<More>

Indian Cos Borrowing Abroad (January 11, 2006)
Taking advantage of lower interest rates abroad, Indian corporations have replaced expensive local debt with cheaper foreign funds.< More >

Manufacturing Boosts Industrial Growth to 9.8% (July 13, 2006)
The Central Statistical Organization (CSO) reported that industrial output grew to 9.8% from 9.5% in April-May due to a strong 10.9% growth (from 10.3% last year) in the manufacturing sector but no reasons were provided for the growth. <More>