India said Saturday it was freeing diesel prices from government control, marking another step to ease the state's grip on the economy and propel reforms by the new pro-business government.
Prime Minister Narendra Modi pledged Thursday to slash red tape and harness the benefits of a huge young population as he launched a campaign to attract global business to manufacture in India.
They were famed for their jet-set lifestyles and the names of their companies were emblazoned on airplanes, Formula One cars and the shirtfronts of cricket teams.
A trade fair in India held by the Taiwan External Trade Development Council (TAITRA), Taiwan's main trade promotion body, ended Saturday after attracting a record number of visitors and generating record business, according to the organizers.
Smartphone-makers are in a race to the bottom of India's economic pyramid as they battle for customers in the fast-growing low-end market segment where analysts say opportunities are vast.
Indian Prime Minister Narendra Modi on Tuesday sought to reassure investors that his reformist agenda would translate into better governance for Asia's third-largest economy.
"Wizard of Oz" heroine Dorothy only had to click her ruby red slippers together and they would spirit her home to Kansas.
India's anti-trust watchdog has fined 14 automakers a total of US$420 million for restricting competition in the spare parts market and driving up prices, a official said Tuesday, a few days after Chinese regulators took similar action.
Prime Minister Narendra Modi Friday said a "digital India" could compete with the world and hailed its IT professionals for banishing the country's image as a land of snake charmers and black magic.
India has defended its decision to scuttle a landmark worldwide trade deal, saying its farmers faced suicide and starvation if the government had backed down on its tough stand at the WTO.