Wyndham Hotel Group, the lodging unit of Wyndham Worldwide, today announced it has signed an agreement with Royal Orchid Hotels Ltd. of Bangalore, India, to develop 10 Ramada(R) hotels totaling at least 1,000 rooms in the Indian states of Karnataka, Tamil Nadu, Maharashtr, Andhra Pradesh and Rajasthan.

The International Monetary Fund and World Bank have recommended improving the way they gauge the debt sustainability of poor countries as a new group of lending nations, such as China and India, emerges.

The World Bank today approved a US$250 million loan to the Indian state of Punjab for the rehabilitation and expansion of the State's road network.

Afghan President Hamid Karzai is visiting India this week in the hope of winning fresh trade deals and investment for his country. On November 18-19, Karzai plans to attend the Regional Economic Cooperation Conference for Afghan Reconstruction in New Dehli.