According to the latest edition of the Paris-based Organization for Economic Cooperation and Development's Government at a Glance 2017 report, India, with a citizen support of 73%, is at the very top of the governmental confidence league. Canada ranks second with 62%. Forbes says: Trust in government is vitally important....
India's Pepper Exports to U.S. Command Higher Price
With sellers of pepper demanding higher prices, India's pepper market traded at a higher rate this month. Prices of imported Vietnam pepper and exchange-released pepper have also increased, market sources told Business Line. Indian export prices were at $8,400 a ton cf for Europe, and $8,650 a ton cf for...
India to Be 3rd Largest Buyer of Passenger Planes
With India set to buy 2.2 new airplanes for each of the 480 aircraft currently in service, it is poised to become the third-largest buyer of commercial passenger planes in the world. The U.S. and China are the only countries to have more pending aircraft orders says a report released...
India Receives the most FDI, Again
The fDi Report 2017 compiled by fDi Intelligence, a division of The Financial Times Ltd., says that India retained its position as the world's topmost greenfield destination for Foreign Direct Investment for the second consecutive year, attracting $62.3 billion in 2016. China has overtaken the U.S. to become the second...
India's Motherson Sumi Expands Internationally
Noida, India-based auto component maker Motherson Sumi Systems consolidated net profit stood at $108.81 million in the quarter ending March 31, 2017, a better-than-expected 20 percent growth. Motherson Sumi's net sales outside India rose over 14 percent to 94.76 billion rupees (GB Please convert to USD) CFO of Motherson Sumi Systems,...
India's Gem, Jewelry Exports Surge
India's gems and jewelry exports increased by 9 percent for financial year 2016-17 due to demand from the United States, Hong Kong and the United Arab Emirates, the three destinations accounting for over 75 percent of India's overall shipment of precious ornaments by value. India's Gems & Jewelry Export Promotion...