"The state's GDP growth this year will be 15.2%. The economy will reach USD 143 billion by 2030," he claimed.
Microsoft employs over 20,000 professionals in India, over half of which work in Hyderabad. With the launch of the new building, Microsoft plans to hire another 4,800 employees, an official release said.
The Chevron Engineering and Innovation Excellence Center (ENGINE) in Bengaluru is not a back office but a center that will do works ranging from understanding geology for oil and gas production and carbon storage to developing digital twins for oil refineries and advanced process monitoring to improve supply reliability, said its India head Akshay Sahni.
The new bill set to be tabled in Parliament on Feb 13 expectedly has not made any changes to taxing cryptocurrencies as it will continue to attract a 30% tax on any income from the transfer of such assets without any deductions and exemptions.
Everyone's progress is linked to India's progress, Modi said in Paris, adding that India is soon to become the world's third largest economy, and with its "skilled young talent factory and innovation spirit," the country is "fast becoming a preferred global investment destination."
"I don't think it is something you would expect to see immediate results because both sides are crossing the river by feeling the stones," said India's Chief Economic Advisor V Anantha Nageswaran.
The data of companies investigated by the Regional Directors and cases probed by Serious Fraud Investigation Office (SFIO) were shared by the ministry with Lok Sabha as part of a written reply on Feb 10.
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