January 2011

India-China trade surpasses target

The Hindu, 27 January 2011
Indian exports, mainly driven by cotton and iron ore to China amounted to USD 20.8 billion while Chinese exports to India totalled to USD 40.8 billion, virtually double that of India. More…

India’s own emission reducing mechanism

Hindustan Times, 27 January 2011
Companies consuming less energy will now be able to sell the efficiency certificates to the non-efficient ones, domestically. More…

India Produces Record Crude Oil in December as Output Rises 16%

Bloomberg, 25 January 2011
India’s monthly crude oil output rose to a record in December after non-state companies including Cairn India Ltd. almost doubled production. More…

India, Indonesia to talk trade during visit

Bloomberg, 24 January 2011
Indonesian President Susilo Bambang Yudhoyono’s visit to India is expected to focus on increasing trade and energy security between the two large Asian nations. More…

India says trade compulsions forcing ban on endosulfan

Business Line, 24 January 2011
A group of 172 nations is scheduled to meet in April to take a final decision on declaring endosulfan, a chemical that is used widely in India as an insecticide, as a persistent organic pollutant (PCP). More…

Immense opportunities for Indian companies in Oman: Business body chief

Sify News, 24 January 2011
Oman’s focus in the post crisis period world is to strengthen bilateral relations with India in sectors such as oil, renewable energy, healthcare and education, to name a few’, said Pankaj Khimji, Chairman, Oman India Business Council mentioned. More…

Indonesia to sign major business deals with India

AFP, 24 January 2011
Indonesian President Susilo Bambang Yudhoyono said Monday he hoped to help secure lucrative investment deals worth $15 billion on a trip to India this week. More…

Emerson eyes closer trade ties with India

The Australian, 24 January 2011
Trade Minister Craig Emerson says Australia is working to step up its economic ties with India as he begins the new year in search of a breakthrough on the long-stalled Doha round of international trade talks. More…

Trade deficit may widen to $125 bn by March

Business Standard, 24 January 2011
The country’s trade deficit was expected to widen to $125 billion during this financial year though the export figures are bound to cross the target mark, said a top official from the Directorate General of Foreign Trade in Kolkata. More…

Trade body to adopt five districts for organic farming

The Times of India, 17 January 2011
In a bid to promote organic farming in Uttar Pradesh, the Associated Chambers of Commerce and Industry in India (ASSOCHAM) will adopt five districts in the state. More…

‘India and China should avoid confrontational relationship’

The Times of India, 16 January 2011
This is the time for India to follow the advice Deng Xiaoping gave to a generation of Chinese “bide our time and build up our capabilities” or “yield on small things for the larger gain” says Kishore Mahbubani, prominent Asian thinker and diplomat. More…

India fuel price hike points to interest rate rise

AFP, 17 January 2011
State-run fuel firms increased their prices for the second time in a month, raising pressure Monday on India’s central bank to hike interest rates to rein in inflation. More…

India inflation rate hits 8.4 percent

The Associated Press, 15 January 2011
India’s inflation rate jumped to 8.4 percent in December as prices climbed for fruit, vegetables, manufactured goods and fuel. More…

India set to open trade with South-east and East Asian nations

PTI, 14 January 2011
India’s trade in goods and services with South-east and East Asia are set to get a boost with signing of market-opening pacts with Japan, Malaysia and the entire ASEAN bloc in the next 2-3 months. More…

UK wants India to open retail, raise FDI limit in defence

The Economic Times, 14 January 2011
Britain wants India to open up retail sector and further liberalise defence and financial services to promote economic growth and deal with the food security problem. More…

India Aims to Invest $100 Billion in Ports, Shipping

The Wall Street Journal, 14 January 2011
India aims to invest 4.52 trillion rupees ($100 billion) by 2020 to build new ports and develop its shipping industry in a bid to boost trade, Shipping Minister G.K. Vasan said. More…

Economists endorse Bhagwati line for UPA

Financial Express, 13 January 2011
The annual tete-a-tete of finance minister Pranab Mukherjee with economists ahead of presenting the annual budget has got dwarfed this time by a huge debate that’s sprung up on the Internet among some of the global top economists tracking the India story.More…

Iran says dispute with India will not affect trade

Malaysia Sun, 04 January 2011
Iran has assured India there will be no gap in its oil exports, even though there have been disagreements between the countries. More…

Exports up 26.5 per cent in Nov

Indian Express, 04 Jan 2011
India’s exports grew by 26.5 per cent year-on-year to $18.8 billion in November as against $14.9 billion, on the back of rising demand in the developed economies, indicating that the exports would surpass the current fiscal’s target of $200 billion. More…