India and the U.S. are further on the path to implementing the civilian nuclear deal with senior nuclear department officials of both sides exchanging the signed text of the “administrative arrangements” that would guide the deal, says a report by ManoramaOnline. This follows the cryptic announcements made by both countries...
Christine Lagarde of IMF calls India a Bright Spot
Christine Lagarde, managing director of the International Monetary Fund, says that India a “bright spot” on a cloudy global horizon. She declared that India has the potential to double the size of its economy by 2019 compared to 2009. During her visit to India, Lagarde commented, “India's GDP will exceed...
Standard & Poor's Says India is Bright Spot in Asia Pacific
Reuters reports that the ratings agency Standard & Poor’s raised its India GDP growth forecast to 7.9 % from 6.2 % for the year ending March 2016, citing rising investment and low oil prices. The agency also raised its growth forecast for 2016-17 to 8.2 % from 6.6 % previously....
India to Exceed 200 Million Smartphone Users by 2016
Citing the U.S.-based global research firm eMarketer, SiliconIndia reports that India will overtake the U.S. as the second largest market for smartphones in the world by 2016, due to increasing penetration of affordable smart devices in the country. “China will continue to lead the world rankings in 2016 with 624.7...
American Tourists to India Can Now Get Visas More Easily
Most American tourists can soon obtain visas to travel to India much more easily. The new plan does not help business travelers. According to media reports, this single-entry tourist visa is valid for 30 days, and a traveler may apply twice in a year. You submit an online application, pay...
China, India leading in tourist spending in U.S.
According to Los Angeles Times, visitors from China are now the biggest-spending travelers to the U.S. In all of the U.S. the average spent as a whole by Chinese visitors is $7,105, by Indian visitors is $6,659, by Brazilian visitors is $5,604, and by Japanese visitors is $4,541. In California...