The Indian economy in 2010 which, in the view of some observers, seems as bright as the gold the country has recently acquired.

In a major thrust to expand capacity at important ports in the country, the Ministry of Shipping has awarded seven projects worth over Rs 1,800 crore, to be developed through the public-private partnership (PPP) route.

India needs to strengthen and liberalise its regulatory framework and invest more in infrastructure in order to attract increased foreign direct investment (FDI), according to a new OECD report.

"Economy is stabilizing and will remain a favored destination for foreign investors as normality returns to global markets,"

Mexican cinema chain Cinépolis will invest in south India for setting up multiplexes across the four states. This will make India the country with their largest market outside Mexico.