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Transparency International identified corruption and money laundering as major problems for the BRICS.
The Central Bank's policy decisions are not complicated by India's ruling dispensation as the bank is autonomous.
Last month, the government named former IMF official Arvind Subramanian as its new chief economic adviser.
The Indian Foreign Minister has told the country’s lawmakers the government is trying to ascertain the facts.
Asia's third-largest economy needs to register growth around 8 per cent to create enough jobs for its growing workforce.
China has offered $30 billion in construction of roads to the 8-member SAARC.
The International Telecommunications Union (ITU) report also underlines the urban-rural digital divide in countries like India.
An Indian Railways team is in China to chalk out plans for conducting a feasibility study.
Modi faces strong challenges, including an uphill task of easing trade spats with America ranging from protectionism to patent rights.
Because of its strategic position next to India and protests against Chinese rule by exiled Tibetan groups, the region is highly sensitive.
