April 2015

Developed world needs to walk the talk on climate change: Prakash Javadekar

The Economic Times, 20 April 2015
Ministers from the 17 major emitters, including Indian environment minister Prakash Javadekar, are meeting in Washington DC on Sunday and Monday to address some contentious issues and find a way to ensure a successful outcome at the UN-sponsored climate meet in Paris later this year. More…

EU trade policy undermined, say members

The Times of India, 20 April 2015
Many European Union member-states have expressed their disappointment before the foreign ministry over the manner in which EU handled India`s offer for a summit meeting in mid-April as part of Modi`s European sojourn. More…

Trade targets and foreign policy

Live Mint, 19 April 2015
The latest FTP raises a crucial issue that has bedevilled India s trade: the lack of coordination between different economic agents, and ministries operating in silo-like structure. More…

Exports contract by record 21% in March, trade deficit widens

Live Mint, 17 April 2015
Exports earn $24 bn in March, while imports shrink 13.44% to $35.8 bn; trade deficit of $11.8 bn highest in four months. More…

Economy likely to grow 7.8-8.2% : new CII chief

Business Line, 16 April 2015
India s GDP growth is expected to be in the range of 7.8-8.2 per cent in the current fiscal, the CII s new President Sumit Mazumder said. More…

Australia Pushes For Free Trade With India After China Demand Falls

Huffington Post, 16 April 2015
Slowing growth in top trade partner China and plunging prices for iron ore and coal are adding impetus to Australian efforts to secure a free trade deal with India by the end of the year. More…

India and Belarus need to expand bilateral trade: President Pranab Mukherjee

The Economic Times, 16 April 2015
President Pranab Mukherjee has said India and Belarus need to deepen their bilateral trade ties and take them to a new level. More…

India can become a global trading power if it takes mega-regional negotiations seriously

The Economic Times, 13 April 2015
India s international trade has contributed in a major way to its growth, evident in its ratio of trade-to-GDP rising from 26% in 2000 to 53% in 2013. More…

Demand for Indian onions picks up internationally

The Economic Times, 13 April 2015
Indian onions are in big demand in Pakistan where the crop is not only all that good but is also 15% more expensive. More…

Foreign Trade Policy: India`s dismal export performance to continue this year as well

Business Standard, 13 April 2015
India`s exports may again miss the target in 2014-15 and be in the range of $308-310 billion as against the target of $340 billion, a senior Commerce Ministry official has said. More…

Impact of climate change to be examined in Sunderbans

The Hindu, 13 April 2015
The Zoological Survey of India (ZSI) has proposed to set up long-term permanent monitoring plots in Sunderbans, a world heritage site, having maximum mangrove cover in the world to study the impacts of climate change on its flora and fauna. More…

India Threatens to File Complaints to the EU and WTO on Behalf of a CRO

WSJ, 13 April 2015
The Indian government is reportedly looking to push back against the European Medicines Agency for suspending the sale of hundreds of drugs that were authorized for use based on studies conducted by a large clinical research organization based in India. More…

PM Modi meets movers and shakers of German economy

The Indian Express, 12 April 2015
Prime Minister Narendra Modi on Sunday met movers and shakers of German economy soon after his arrival here to attract foreign investment and seek support for his government s Make in India initiative. More…

Narendra Modi thanks France as he wraps up first visit

The Economic Times, 12 April 2015
Prime Minister Narendra Modi today thanked France and wrapped up his first visit here that saw the two nations elevate their strategic ties to a new level as they agreed on a deal for 36 Rafale fighter jets and decided to move ahead with the log-jammed Jaitapur nuclear project. More…

Government takes a step ahead in aligning FTP with WTO

Business Standard, 3 April 2015
The FTP, which came into effect on April 1, spoke for the first time about global value chains and their relevance in world trading order. More…

India not in hurry to make any carbon pollution reduction pledge to UN

The Economic Times, 2 April 2015
The US on Tuesday made its most ambitious pledge to the United Nations to reduce carbon pollution, a move that experts say would put more pressure on countries like India to act against emissions, the chief contributor to worsening air quality. More…

India & Jordan to strengthen trade ties

The Financial Express, 2 April 2015
Minister of state for commerce and industry Nirmala Sitharaman and her Jordanian counterpart Maha Ali discussed about increasing cooperation in the areas of trade, industry, standards and specifications, tourism and transport at the 9th Joint Jordanian-Indian Committee session, which met after a gap of almost nine years. More…

25 salient features from new Foreign Trade Policy to push up India`s exports

The Economic Times, 1 April 2015
With an aim to make India a significant partner in global trade by 2020, the government on Wednesday unveiled a new Foreign Trade Policy (FTP). More…

Business as usual with Europe

The Hindu, 1 April 2015
Modi s first visit to the continent as Prime Minister is unlikely to result in a dramatic breakthrough in trade ties. More…

New Foreign Trade Policy proposes new institutions to boost global trade

The Economic Times, 1 April 2015
The new Foreign Trade Policy unveiled today proposed setting up of a host of institutions, including Trade Council and National Committee on Trade Facilitation, to improve India`s share in global trade and implement of WTO obligations. More…

New trade policy moves India closer to WTO norms

Live Mint, 1 April 2015
Centre sets ambitious export target of $900 billion to be met by 2020, revamps export subsidy regime. More…