India to surpass China in economic growth to become world's fastest growing economy

(CNN Money) India could outpace China as the world's fastest growing economy as soon as this year, according to International Monetary Fund director Christine Lagarde. Lagarde, who was visiting India last week, said the country's economy is expected to grow 7.5% in the upcoming 2015-2016 fiscal year..

India has a rare opportunity to become the world’s most dynamic big economy. More on India and why it is poised for rapid growth..

(The Economist) EMERGING markets used to be a beacon of hope in the world economy, but now they are more often a source of gloom. China’s economy is slowing. Brazil is mired in stagflation. Russia is in recession, battered by Western sanctions and the slump in the oil price; South Africa is plagued by inefficiency and corruption. Amid the disappointment one big emerging market stands out: India.

Narendra Modi, India's Prime Minister on why India is on the brink of a 'Quantum Leap' for Investors.

(Reuters) - Indian Prime Minister Narendra Modi promised on Sunday to pursue predictable policies and ensure stable taxes, in a speech that sought to address concerns for foreign investors in Asia's third-largest economy.

U.S. Secretary of State John Kerry led a roll call of leaders, including U.N. Secretary General Ban Ki-moon and World Bank head Jim Yong Kim, converging on Modi's home town of Gandhinagar for the Vibrant Gujarat business summit.

U.S. President Barack Obama visits India later this month.

India's Finance Minister Arun Jaitley on Economic Reforms that make India a Great Choice for Investors

NEW DELHI: Finance minister Arun Jaitley on Friday indicated he will initiate further steps to check a flight of investment from the country as he pitched India as "great choice" for investors, domestic and overseas.

In his address at the Airtel and The Economic Times Global Business Summit, Jaitley reiterated government's commitment to a non-aggressive tax regime and assured a hall packed with the country's top CEOs and globally-renowned economists that the government had no intention to use retrospective taxation powers.