Excellent use of technology to especially help NRIs in showcasing real estate properties in India so that they can invest sooner.
"We saw first-hand how India's many regions continue to grow rapidly - opening the door for unprecedented opportunities. We launched a promising new partnership to bring more Indian visitors to the United States. These developments lay the groundwork for US companies to increase exports, attract greater investment, and create good jobs here at home," said the US commerce secretary, John Bryson.
"As a next logical step, it has now been decided to allow QFIs to directly invest in the Indian equity market in order to widen the class of investors, attract more foreign funds and reduce market volatility and to deepen the Indian capital market," the finance ministry said in a statement.
US grant for smart grid development in Bangalore
New Delhi, Dec. 20
The US Embassy's Minister-Counsellor for Economic, Environment, Science, and Technology Affairs, Mr Blair Hall, conferred a grant of $4,53,350 (Rs 2.04 crore) on behalf of the United States Trade Development Authority (USTDA) on Bangalore Electricity Supply Company Ltd (BESCOM).
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Vice president calls for more funds to improve higher education
December 20, 2010
India to pitch for better credit rating
Posted: Tuesday, Dec 21, 2010 at 2149 hrs IST
The government as well as the markets players believe India deserves a better than the BBB- rating, with a stable outlook, it currently enjoys from S&P. This puts India into the lowest investment grade category, much below countries like Spain and Ireland which are going through a massive debt crisis.
Land disputes hitting Indian infrastructure schemes
Posted: Sun, Dec 5 2010. 5:16 PM IST
Economy and Politics
Years of wrangling over land, compensation and environmental impact have become a regular feature of many projects aimed at developing modern India
High-profile disputes include plans for a second airport on protected wetlands to service India’s financial hub of Mumbai and a plan by Tata Motors to build a new manufacturing plant for the world’s cheapest car, the Nano.
USIBC develops plan for U.S.-India education cooperation
Issue Date: November 2010, Posted On: 11/15/2010
Renewable energy sector to attract more private equity investments
Saturday, Nov 20, 2010
Globally, investment in clean energy has been growing at a compounded annual rate of 36 per cent reaching about $19 billion in 2009.
Separately, a study by the Word Resources Institute recently estimated a renewable energy market of over $2 billion a year in India.