Brown pledges $1.6 bn for India's development

British Prime Minister Gordon Brown pledged US$1.6 billion (euro1.1 billion) for development programs in India ahead of talks Monday with Prime Minister Manmohan Singh and President Pratibha Patil on building stronger financial ties. Brown is visiting New Delhi with a large delegation of British business leaders after spending two days in China, on his first trip to Asia as prime minister.

The Economic Times
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India Inc most optimistic about economy

India Inc is the most optimistic around the world when it comes to their business outlook, unaffected by global credit crunch and boosted by expectations of over 8 per cent growth of the domestic economy, says a new report. Economic activity in 2008 is expected to proceed at a vigorous pace in the developing Asia, global consultancy firm Grant Thornton's international business report (IBR) said.

The Economic Times

http://economictimes.indiatimes.com/
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