India will be able to manage potential inflationary pressures if forecasts of sub-par monsoon
IMF MD Christine Lagarde hailed the government's latest Budget.
Deals will cover oil exploration and supply, infrastructure and an increase in direct diamond sales to India
Rajasthan has taken the lead on structural reforms which could help India attract business and employ a fast-growing workforce.
Direct contacts between Obama and Prime Minister Narendra Modi this month helped to end a deadlock that had prevented the WTO from implementing a $1 trillion package of reforms.
There was a sharp fall in power output on Thursday from a plant in Gujarat that left India more than 9,000 megawatts short of peak demand, according to two officials at the state grid operator.