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"Come to India" : Hon'ble PM interacts with leading American CEOs
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Hon'ble Prime Minister Narendra Modi chaired an exclusive roundtable discussion, at New York, with 42 global captains of industry from across 20 sectors. The companies that participated in the roundtable had a combined net worth of US$ 16.4 trillion, of which their net worth in India is US$ 50 billion. The extensive agenda of the meeting included harnessing investment opportunities in India and boosting commercial linkages between India and USA.
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World Digital Competitiveness Rankings : India rises 4 Places to 44th Rank
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As per the IMD World Digital Competitiveness Ranking 2019 (WDCR), India advanced four places to 44th position in 2019, with the biggest improvement in the technology sub-factor level, holding first position in telecommunications investment. India also made improvement in terms of knowledge and future readiness to adopt & explore digital technologies. |
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FII inflows in September surge to 4-month high of $1.04 billion
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Foreign brokerages upgraded the ratings on India & earnings estimates of companies were also increased, as the Government reduced corporate tax rates. The net buying by FIIs in Indian equities in September follows a sell-off to the tune of $4.13 billion in July and August. Analysts said the dovish signal on rates and liquidity by central banks halted the outflows from Emerging Markets. |
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Ease of doing business: India among 20 most improved countries
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In a boost to Hon'ble PM Narendra Modis target of India breaking into top 50 nations on the World Bank's ease of doing business ranking, the country has figured among the 20 countries that have improved the most on the list. Exporting and importing in India has been made easier following the integration of several Government agencies into an online system and the upgrading of port equipment and infrastructure. |
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'Innovating for India - Strengthening South Asia, Impacting the World' : WEF's India Economic Summit to be held on October 3-4
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More than 800 leaders from 40 countries including policymakers from the Indian Government, Bangladesh PM Sheikh Hasina and global business leaders will converge at the India Economic Summit on October 3-4 in Delhi. Prominently featured in the programme will be South Asia's economic outlook, emerging technologies (including artificial intelligence & drones), India's environmental reforms, infrastructure, gender parity, start-up unicorns, education and skills. |
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