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India wants to boost FDI to $10 billion in 2006 |
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India hopes to nearly double the inflow of foreign direct investment (FDI) to $10 billion in 2006.
The U.N. Conference on Trade and Development said in its last report that FDI flows into Asia's third largest economy rose to $6 billion last year from $5.3 billion in 2004.
The country's economy could grow by as much as 10 percent in the 2006-07 fiscal year if it ramped up investment levels, its finance minister said recently.
Yet its reliance on union-backed communist parties for support has hampered attempts to dismantle protectionist laws. |
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Mumbai women most Net savvy
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The number of women using the Internet in India has gone up by over 4 per cent since last year and women from Mumbai top the list of female Internet users among all metros across the country.
So say statistics from a study undertaken by the Internet & Mobile Association of India (IAMAI) after surveying 6,365 respondents in December 2005.
The survey stated that since 2004-05, the percentage of online users has increased by 54 per cent to 38.5 million users. Male online users increased in absolute numbers but dipped from 72 per cent (2004-05) to 68 per cent (2005-06).
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