India asks cotton exporters to seek registration
Money Control, 30 December 2010
India has asked exporters to apply for cotton registration certificates for unshipped quantities out of 5.5 million bales allowed in the 2010/11 season that began on October 1, a government statement on Wednesday said. More…
India and China agree to step up mutual engagement
DNA, 29 December 2010
The recent visits of the Chinese prime minister Wen Jiabao to India and Pakistan during the same week went off on predictable lines. More…
India Joins U.S. Effort to Stifle Iran Trade
Wall Street Journal, 29 December 2010
India has tightened the web of sanctions around Iran by barring Indian companies from a range of deals transacted through a key trade-finance clearinghouse. More…
High growth fails to feed India’s hungry
The Financial Times, December 22, 2010
The toll booths on the expressway between New Delhi, India’s capital, and the satellite city of Gurgaon tell their own story of the country’s fast-paced economic growth.
When the toll road was built, its architects forecast that by now 120,000 vehicles would pass through its gates daily. Today, about 210,000 stream through in a torrent of commuter traffic. More…
India-Russia set $20 billion trade target in 5 years
The Economic times, 21 December 2010
India and Russia have set a target of more than quadrupling the bilateral trade to $20 billion in five years. The two countries identified pharmaceuticals, energy, IT & communication, chemicals & fertilisers and banking & finance as thrust areas in a protocol on trade and investment signed on Monday.
An ambitious trade target and renewed focus on key sectors could help both countries increase presence in each other’s markets, which has fallen to low levels after disintegration of the USSR. More…
Russia asks India to mend nuke law
Times of India, 18 December 2010
As Russian President Dmitry Medvedev heads to India for an annual summit, Russia said its willing to build 14-16 nuclear reactors in India but Delhi needed to get its nuclear liability law right. More…
In India, Chinese Leader Pushes Trade
The New York Times, 16 December 2010
China and India set ambitious new economic targets on Thursday by pledging to nearly double their trade in the next five years to $100 billion annually. More…
India, Belgium trade to go beyond diamonds
The Economic Times, 12 December 2010
India and Belgium want to diversify their trade ties – currently dominated by diamonds – in sectors like IT, energy and infrastructure development, a senior official said on Sunday. More…
India Growth May Exceed Government Forecast, Ushering Rate Rise
Bloomberg, 01 December 2010
India’s economy is likely to surpass the government’s 8.5 percent growth target for the fiscal year, forcing the central bank to resume interest-rate increases as domestic demand offsets risks from abroad. More…
India May Cut Rubber Import Duty as Demand for Tires Soars, Khullar Says
Bloomberg, 01 December 2010
India, the fourth-biggest producer of natural rubber, may allow imports of as much as 100,000 metric tons at a lower duty to meet surging demand for tires as rising incomes boost car sales, Trade Secretary Rahul Khullar said. More…
EU seeks Indian waiver for duty-free imports from Pakistan
The Economic Times, 01 December 2010
The European Union has sought India’s support for its proposal to give Pakistan duty-free access to a number of goods into the European market as part of its flood relief package, a demand that has not gone down with the trade and textiles ministries. More…