Shobhana Bhartia, Chairperson and Editorial Director of the Hindustan Times Group and Indra Nooyi, CEO and Chairman of PepsiCo were felicitated here at the 40th leadership U.S.-India Business Council (USIBC) Summit for their `commitment towards building a more inclusive global economy`.
Notwithstanding a financial crisis being experienced by major economies like China, India "stands out" as a "shining star" in the global economy and is sustaining a certain momentum despite challenges, Commerce and Industry Minister Nirmala Sitharaman said Monday.
Petroleum and Natural Gas Minister Dharmendra Pradhan Monday said the government will open the bids for 69 marginal oil and gas fields from late November or early December and expressed confidence of getting good response from across the globe.
Wooing foreign investors with the promise of easier conditions for doing business, Finance Minister Arun Jaitley Monday said continuing reforms will push India's economic growth higher than last year's 7.3 percent despite adverse global winds.
Former Minister of State for Coal Dasari Narayan Rao on Monday sought summoning of Manmohan Singh, claiming in a Special Court that the office of the then Prime Minister had allocated a coal block to Jindal group after examining and re-examining the matter.
Aiming to reap significant benefits from continuing reforms, Finance Minister Arun Jaitley on Monday said all macroeconomic parameters including fiscal deficit and inflation appear positive and hoped that GDP growth would outperform 7.3 per cent rate of last year.