India has awarded highway construction contracts at a breakneck pace in 2018, and orders will likely reach a record this financial year, according to Mumbai-based IIFL Wealth Management Ltd. Orders from state-owned National Highway Authority of India is likely to cross $15.3 billion in the 12 months through March, said...
India to Provide Health Insurance to the Underprivileged
Prime Minister Narendra Modi approved the launch of Ayushman Bharat (meaning 'long life India' in Hindi), a National Health Protection Mission promising health coverage to 100,000,000 underprivileged and vulnerable families in both rural and urban areas. Each family will get an annual insurance coverage of $7,700 which will take care...
India's Modi Assails Protectionism, Terrorism
At the 2018 World Economic Forum in Davos, Switzerland, the Prime Minister of India, Narendra Modi, called for International cooperation on climate change and stressed that the rise of protectionism is a threat facing the world, a threat that is as grave as terrorism. In defense of globalization, Modi quoted the...
At Davos, Modi Promotes India's Development Agenda
In a keynote address to the World Economic Forum 2018 in Davos, Switzerland, Prime Minister of India, Narendra Modi projected India as a country with a vast market and strong and stable fundamentals, and exhorted world leaders to consider India as an attractive destination for doing business. He then went...
Israel's Netanyahu Hails "New Era" in Ties with India
Benjamin Netanyahu, the first Israeli prime minister to visit India in 15 years, accompanied by his wife Sara on a six-day visit to India, were given a warm welcome by Prime Minister Modi. Driving the growing ties is both leaders' shared worldview for national-security and free-markets. Both see Israel's technology-oriented...
Juster: India Can Be 'Alternative Investment Hub' for U.S. Firms
At his first policy speech since taking over as Ambassador to India, Kenneth Juster, Washington's envoy to New Delhi said that a number of U.S. companies have reported increasing difficulties in conducting business in the largest market in the region, China. "Accordingly, some companies are downgrading their operations there, while...