Political parties agree to tax agri income, boost trade with India
The News International, 30 April, 2011
ISLAMABAD: All the major political parties on Friday showed commitment on key points of a proposed charter of economy, which envisions bringing agriculture income into the tax net and enhancing trade relations with India. More…
US seeks changes in India’s DTH satellite policy
Space Daily, 29 April, 2011
The US has said it will ”encourage” India to change its policies which give exclusive rights to the Indian Space Research Organisation (ISRO) for selling the satellite capacity to the lucrative direct-to-home television market. More…
Trade mission aims to improve India’s cold chain infrastructure: USTDA
Business Line, 28 April, 2011
A 12-member Indian trade delegation, supported by US Trade and Development Agency (USTDA), is currently traveling various parts of America to learn about modern cold chain technologies and US practices and standards. More…
Forge comprehensive relationship with India: Opp to Canada Govt
The Economic Times, 27 April, 2011
TORONTO: Opposition Liberal Party wants the Canadian Government to forge a “comprehensive relationship” beyond trade with India by accelerating bilateral cooperation in immigration, tourism and education sectors. More…
India-EU FTA talks in crucial phase
The Times of India, 26 April, 2011
PARIS: Negotiations between India and the European Union (EU) for a Free Trade Agreement (FTA) have entered a crucial phase and contours of the deal have started to emerge but there are still some issues which need to be resolved, EU official say More…
To boost trade with Mercosur, India plans to put more items on PTA basket
Indian Express, 25 April, 2011
India is working on “upgrading” agreement on tariffs with Mercosur, or Argentina, Brazil, Paraguay and Uruguay. More…
FBCCI asks India to ease trade policy
The Daily Star, 25 April, 2011
The country’s apex trade body yesterday urged the visiting Indian Commerce Minister Anand Sharma to relax the services sector investment policy so that Bangladeshi entrepreneurs can invest there. More…
Doha hits a dead end
Livemint.com, 25 April, 2011
New Delhi: Negotiations over the Doha multilateral trade deal seem to have hit a dead end, with World Trade Organization (WTO) director general Pascal Lamy admitting there are unbridgeable differences between the US and emerging economies on industrial tariff cuts, and India making accusations of a bias towards developed countries in the revised texts. More…
India opposes Pakistan over EU trade concessions
Business Standard, 23 April, 2011
The ‘Mohali spirit’ was hailed but India’s outlook on Pakistan regarding multilateral trade bodies continues to be dogged by a traditional mindset. More…
European Union-India trade flow shows upward trend
Mangalorean.com, 21 April, 2011
Brussels, April 21 (IANS) The 27-member European Union (EU) exported three billion euro worth of goods to India during January 2011, an increase of 42 percent from 2.1 billion euro in January 2010. More…
India-Ireland trade may grow 10% by 2015: Irish min
Business Standard, 21 April, 2011
With the signing of the EU-India free trade agreement (FTA), bilateral trade between India and Ireland is expected to grow 10% by 2015, a senior Ireland Minister said. More…
India’s diamond trade under tax scrutiny
Commodity Online, 20 April, 2011
MUMBAI (Commodity Online): India’s diamond industry is now under Income Tax Department surveillance as several investigations have unearthed fraudulent transactions on the books. More…
China assures India of steps to reduce trade imbalance
All India Radio, 19 April, 2011
Bombay Stock Exchange benchmark Sensex shed over 74 points in opening trade today. It was dragged by continued selling by funds amid losses in other Asian bourses. More…
India Japan trade to be hit in first quarter of 2011-12
Economic Times, 17 April, 2011
NEW DELHI: The bilateral trade between India and Japan would be hit in the first quarter of the current fiscal due to massive destruction caused by an earthquake and tsunami that hit the Land of the Rising Sun, last month. More…
India’s trade and business with Africa booms
Calcutta Tube, 17 April, 2011
Abuja, April 13 (IANS) India’s trade with Africa totaled $45 billion last year in addition to a number of investments across the continent that are worth more than $45 billion, a senior Indian official said in this Nigerian capital. More…
India seeks new trade pacts to boost exports
livemint.com, 15 April, 2011
India may soon start trade talks with Indonesia, Australia and the Common Market for Eastern and Southern Africa (Comesa) bloc to open new avenues for exporters as Europe and the US take longer than expected to recover from an economic slowdown. More…
Saudi supplies India heavier crude for May: Trade
The Economic Times, 13 April, 2011
DUBAI: State oil giant Saudi Aramco has changed the mix of crude it supplies to India for May, substituting some heavier crude for light oil, a Gulf-based trade source said. More…
Korean SMEs set to start retail operations in India
Business Standard, 11 April, 2011
Many small and medium enterprises of Korea are set to have their products retailed in India. The Korean Trade Investment Promotion Agency (Kotra) and GS Shop have signed a memorandum of understanding (MoU) with Network18-promoted home shopping channel HomeShop18 to sell products in the country. Network18 already has a strategic partnership with Korea-based GS Shop for HomeShop18. More…
Against lowering of customs duty on auto in FTA with EU: SIAM
The Economic Times, 08 April, 2011
Stating that incentives should be given for setting up manufacturing bases in the country, SIAM today said it opposes any lowering of customs duty on fully imported cars in the proposed India-EU free trade agreement.. More…
Booming trade ups freight from India to Africa
Deccan Herald, 07 April, 2011
In a reflection of booming trade, freight from India to Africa has been increasing by 15-20 percent annually for the past three years, says a top official of Bollore Africa Logistics, a leading logistics company operating in the 53-nation continent. More…
Thai PM sees ‘immense’ trade potential with India
AFP, 05 April, 2011
Thailand’s premier on Tuesday said the southeast Asian kingdom and India should build on commercial ties that have seen bilateral trade increase six-fold over the last 10 years. More…
India bans Iran nuclear-related trade
Iran Focus, 02 April, 2011
India has banned trade in all goods and services with Iran that could help Tehran pursue development of nuclear weapons, a government statement said. More…
Government to take final call on banning food imports from Japan today
The Economic Times, 04 April, 2011
The Centre will decide on Monday whether it must ban some food imports from earthquake-ravaged Japan, where radiation leaking from a crippled nuclear reactor has contaminated swathes of farmland. More…
India bans trade related to Iran Nuclear Weapons
The Wall Street Journal, 01 April, 2011
India has banned the direct or indirect export and import of all goods and services from Iran which could help Iran develop nuclear weapons. More…