Investment

India’s competitive ranking from the upstream hydrocarbon investment point of view has gone up from 56 to 44, chief executives of global oil and gas companies and energy experts noted.

As anticipated, the real estate market across the top 7 cities in Q3 2018 stayed subdued. The quarter saw a meagre 3% increase in the overall fresh housing supply as against the preceding quarter.

Structural reforms in areas like taxation and bankruptcy are helping the Indian economy in building its resilience to global shocks and maintain a robust growth rate despite challenges.

Mobis Technical Centre in India (HMTCI), a wholly-owned subsidiary of Hyundai Mobis, and Tata Elxsi are developing synthetic scene generator tool that can replicate every real-world scenario an automobile could encounter, which could run into millions of possibilities.

A three-year project into the trials of connected and autonomous vehicle technology has drawn to a close, with Tata Motors European Technical Centre (TMETC) revealing its commitment to shaping the future of mobility.

Defence Minister Nirmala Sitharaman has reaffirmed India’s commitment to the strategic partnership with France, especially in the critical areas of defence cooperation.

Maserati, the Italian luxury carmaker, has launched its most anticipated restyled GranTurismo in the Indian market.

The New Industrial Policy will align India with the emerging technologies of drones, artificial intelligence and block chain.

Indian companies are not only investing in Africa but are also forging new people-driven partnerships and creating jobs, said C R Chaudhary, the Minister of State for Commerce and Industry.

Further suggestions are being sought on a roadmap report for achieving US$5 trillion economy by 2025.