Category archives for: Biz India

Door opens for Australian businesses in India

Asialink Business CEO, Mukund Narayanamurti Opportunities for Australian businesses looking to get a foot in the Indian market have never been greater, according to a leading authority on India’s commercial landscape. The message from Asialink Business CEO, Mukund Narayanamurti, comes ahead of the upcoming India Market Entry workshop, which will help local entrepreneurs plan their market strategies […]

AIBC’s first Indian women delegation pitches Australia 2017 to Vibrant Gujarat

The AIBC delegation at Vibrant Gujarat 2017 AIBC caps off eventful 2016; kicks off 2017 with business delegation to biennial Vibrant Gujarat Summit First of its kind AIBC Women in Business delegation to travel to India in 2017 and AIBC to host official welcome for H.E. Gondane, new High Commissioner of India to Australia Sydney, […]

Indian Finance Ministry: Economy Grew 7.2%

During the current Financial Year 2016-17, the Indian Economy continues to consolidate the gains achieved in restoring macro-economic stability; Despite the continuing global sluggishness and recent pick-up in petroleum prices, the macro-economic indicators continue to be robust in the current Year New Delhi, December 30, 2016 During the current Financial Year 2016-17, the Indian Economy […]

NRIS can deposit max ₹ 25,000 in ₹ 500 and ₹ 1,000 till June 30,2017

NRIs who were not present in India during November 9 – December 30, 2016 and who have also not deposited the Specified Bank Notes of ₹ 500 and ₹ 1,000 (hereinafter referred to as SBNs) into their bank accounts during November 10 – December 30, 2016, are now permitted by RBI to deposit the said […]

Withdrawl of 500 rupee and 1000 rupee note explained

Prime Minister Narendra Modi’s government on Tuesday, November 8, 2016  in a surprise move withdrew the Rs. 500 and Rs. 1,000 notes in a bid to curb black money. This is necessitated to tackle counterfeiting Indian bank notes, to effectively nullify black money hoarded in cash and curb funding of terrorism with fake notes, the […]

AIBC honours businesses for contribution to bilateral trade between India and Australia

                  L-R:  Jonathan O’Dea, Parlimentary Secretary, Trade, Major Events and Tourism NSW; Lindsay Fox, Sheba Nandkeolyar, AIBC National Vice- Chair; Nihal Gupta, Chair of NSW Multicultural Business Panel; Mr. B. Vanlalvawna, Consul General of India, Sydney; Honourable Ted Ballieu, His Excellency;  Navdeep Suri, High Commissioner of India       […]

India’s economic progress will turn South Asia into world’s fastest-growing region: World Bank

  In its latest biennial South Asia Economic Focus report, the global body projected that the country’s growth will jump from 7.15% in 2016 to 7.3% in 2017. India’s economic growth is projected to climb to 7.3% in 2017 from 7.15% in 2016, despite the global economic slowdown, the World Bank said in its latest […]

Jaitley woos super investors

                                  Sh. Jaitley with Nitish Jain, President of SP Jain Global School of Management at its Olympic Park Campus in Sydney       India’s Finance Minster Mr Arun Jaitley is on a four-day visit in Australia to meet top […]

PM Modi’s ‘Make In India’ Racks Up $222 Billion in Pledges

            Mumbai: The “Make in India” summit in Mumbai that was inaugurated by Prime Minister Narendra Modi on the weekend has closed with $222 billion or Rs. 15.2 lakh crore in investment pledges. Amitabh Kant, Secretary of India’s Department of Industrial Policy and Promotion (DIPP), said he expected 80-85 per […]

FDI flows to India doubles to $59 billion in 2015: Report

FDI flows to India nearly doubled to $59 billion in 2015, largely boosted by steps taken by the Indian government to improve investment climate, according to UNCTAD’s latest report on global investment flows. Globally, FDI flows surged 36% to an estimated $1.7 trillion, their highest level since the financial crisis of 2008-09. This sharp rise […]

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