PM fights anti-India biz climate in US

Prime Minister Manmohan Singh on Friday addressed a group of CEOs in New York and insisted the government was committed to restoring the 8-9 per cent economic growth rate - "indeed", he added, "the Indian people would not tolerate anything less". He also announced that some measures, designed for the purposes of national security, that restricted electronics imports, had been held in abeyance. The measures, born of concern that Chinese companies were building too much of India's electronic infrastructure backbone, however, lead to vociferous objections from Western telecommunications firms.

Read Full Story>>