|
. | . |
|
by Daniel J. Graeber London (UPI) Aug 25, 2014
British Deputy Prime Minister Nick Clegg said energy and climate change would be near the top of his agenda during a three-day visit to India. "There is already $26.5 billion of trade every year between India and the U.K.," he said before leaving Monday. "India invests more in the UK than it does in the rest of the European Union combined, and no country in the G20 invests more in India than Britain does." The deputy prime minister led a delegation to India this week to discuss British opportunities in the growing Indian economy. His office said climate change and energy were expected to be near the top of the agenda for this week's meetings. A report from financial firm Dun & Bradstreet said last week the Indian gross domestic product should grow by 5.5 percent next year, up from the 5.2 percent expected this year. Dun & Bradstreet India Senior Economist Arun Singh said it should be a vibrant era for the nation's economy in the years ahead. "India is likely to achieve a higher average growth rate of around 7.5 per cent during fiscal years 2015-20, spurred by large infrastructure investment by the government along with increased investment activity by the private sector," Singh said.
Related Links
|
|
The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement All images and articles appearing on Space Media Network have been edited or digitally altered in some way. Any requests to remove copyright material will be acted upon in a timely and appropriate manner. Any attempt to extort money from Space Media Network will be ignored and reported to Australian Law Enforcement Agencies as a potential case of financial fraud involving the use of a telephonic carriage device or postal service. |