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dna Money Must Reads: From Apple's India ambition to Anil Ambani's defence plan and more

Top 5 business news of the day so far.

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1. India engine of the world for next 10 years: Former Singapore PM

Amid concerns of a slowing global growth, India is a beacon of hope and has the potential to drive the world economy for the next 10 years, former Singapore prime minister Goh Chok Tong said today. Read more

2. Nirmala Sitharaman may help pave way for Apple's India ambitions

With the Finance Ministry rejecting waiver of mandatory local sourcing for Apple Inc to set up single-brand stores in India, the Commerce Ministry today said it will again push the case of the iPhone maker and a consensus decision should be reached soon. Read more

3. Japan keen on participating in India's infrastructure growth story: Arun Jaitley

Finance Minister Arun Jaitley said that the Japanese conglomerate SoftBank and a number of investors of Japan, have shown a keen interest in investing in India's infrastructure growth story. Read more

4. Missiles, choppers, submarine: Anil Ambani's ambitious defence plan

Anil Ambani's Reliance Group has never made a military helicopter, missile system or submarine in its history but that isn't stopping the Indian tycoon from seeking to win contracts to manufacture all of that military hardware and more. Read more

5. NGT wants to ban 10-year-old diesel vehicles in 15 cities

The National Green Tribunal wants to ban old diesel vehicles over 10 years old in atleast 15 cities across India to bring down pollution, NDTV said, quoting sources. Read more

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