New Delhi, Aug. 19 -- India seems ready to improve businessrelations with China. Though hints of it have been emerging since Prime Minister Narendra Modi met Chinese President Xi Jinping last year at the Brics summit, signs of rapprochement have grown.

New Delhi is contemplating easing its restrictions on direct investment from China, for example. Non-sensitive sectors could see barriers being lowered, according to aMintreport.

To be sure, India's Press Note 3, which mandates that investments from countries with which India shares land borders get government approval, is not about to be withdrawn. But India could ease scrutiny under this policy. Direct flights between the two countries are set to resume, even as India slowly gets more g...