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India is a land of opportunity that places premium on enterprise and creativity.I invite you, the Overseas Indians, to make use of the investment and business opportunities that india now offers. This is the time for all of us to become strategic partners in India's progress. By Dr. Manmohan Singh, Hon'ble Prime Minister of India
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Economy Watch - October

India growth story: According to Rating agency Crisil Gross Domestic Product (GDP) is estimated to increase at 7.5 per cent in 2011-12. According to The Central Statistics Office (CSO), Ministry of Statistics and Programme Implementation Quarterly GDP at factor cost at constant (2004-2005) prices for the first quarter (April-June) of 2011-12 showed a growth rate of 7.7 per cent over t...

Dated: Oct 18, 2011
Economy Watch - September

India growth story: According to the Centre for Monitoring Indian Economy (CMIE) Real Gross Domestic Product (GDP): Estimated to grow by 8.1 per cent in 2011-12 Industrial sector: To increase by 8.6 per cent in 2011-12 Services sector: To increase by 9.4 per cent in 2011-12 Agriculture sector: To grow by 2.2 per cent in 2011-12 Investment trends: According to the Securities and E...

Dated: Sep 19, 2011
Economy Watch - August

India growth story: According to the Centre for Monitoring Indian Economy (CMIE) Real Gross Domestic Product (GDP): Estimated to grow by 8.6 per cent in 2011-12 Construction sector: To increase by 10.5 per cent in 2011-12 Capital formation: To increase by 14.6 per cent in 2011-12 Agriculture sector: To grow by 3.2 per cent in 2011-12 Investment trends: According to a Ministry of...

Dated: Aug 18, 2011
Economy Watch - July

India growth story: According to the Centre for Monitoring Indian Economy (CMIE) Real Gross Domestic Product (GDP): Estimated to grow by 8.8 per cent in 2011-12 Services sector: To increase by 9.9 per cent in 2011-12 Industrial sector: To increase by 9.4 per cent in 2011-12 Agriculture and allied sector: To grow by 3.8 per cent in 2011-12 Investment trends: According to the Depar...

Dated: Jul 19, 2011 | Categories: Others
Economy Watch - June

India growth story: According to the Centre for Monitoring Indian Economy (CMIE) Real Gross Domestic Product (GDP): Estimated to grow by 8.8 per cent in 2011-12 Services sector: To increase by 9.9 per cent in 2011-12 Industrial sector: To increase by 9.4 per cent in 2011-12 Agriculture and allied sector: To grow by 3.8 per cent in 2011-12 Investment trends: According to the Depar...

Dated: Jun 17, 2011 | Categories: Others
Economy Watch - May

India growth story: According to the Centre for Monitoring Indian Economy (CMIE) Real Gross Domestic Product (GDP): Estimated to grow by 8.8 per cent in 2011-12 Services sector: To increase by 9.9 per cent in 2011-12 Industrial sector: To increase by 9.4 per cent in 2011-12 Agriculture and allied sector: To grow by 3.8 per cent in 2011-12 According to the Ministry of Commerce and ...

Dated: May 19, 2011 | Categories: Others
Economy Watch

India Growth Story: According to the Centre for Monitoring Indian Economy (CMIE) Real gross domestic product (GDP): Estimated to expand by 9.2 per cent in 2010-11 Services sector: To have increased by 10.2 per cent in 2010-11 Industrial sector: To have expanded by 9.5 per cent in 2010-11 Agriculture and allied sector: To have grown by 5.1 p...

Dated: Apr 19, 2011 | Categories: Others
Economic Engagement of Overseas Indians with India: Trends -- March 2011

According to the figures released by the Reserve Bank of India (RBI) in March 2011, India’s Private transfer receipts, comprising mainly remittances from Indians working Overseas, for the period July-September 2010 stands at US$ 13.5 billion. This is 5 per cent lower as compared to the level between July-September 2009. Between April – September 2010, private transfers receipts amounted to US$ ...

Dated: Mar 18, 2011
Economy Watch: February 2011

India growth story: According to the Centre for Monitoring Indian Economy (CMIE) Gross domestic product (GDP): To expand by 9.2 per cent in 2010-11 Services sector: To expand by 10 per cent in 2010-11 Agriculture and allied sector: To grow by 5.7 per cent in 2010-11 “On the whole, the export performance is pretty good and it is expected to cross US $ ...

Dated: Feb 18, 2011 | Categories: Others
Economy Watch: January 2011

India is expected to be one of the fastest growing economies in the world. The growth is quite evident given the strong domestic demand, spurred by a growing young population, rising middle-class consumption and increasing investment & savings. This is a clear message conveyed by the CRISIL Research's latest report titled 'India: Raising the bar', released on January 4, 2011. According to the r...

Dated: Jan 20, 2011 | Categories: Others
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OIFC is a not for profit public private initiative between the Ministry of Overseas Indian Affairs (MOIA) and the Confederation of Indian Industry (CII) aiming at expanding the economic engagement of the Indian diaspora with India.