January 2015

Ghana, India trade hits US$1billion

GhanaWeb, 31 January 2015
Trade volumes between Ghana and India rose from US$550 million by the end of 2011 to US$818 million by the end of 2012 and is currently over US$1 billion, the Interior Minister, Mr Mark Owen Woyongo, has announced. More…

India explores scope for power trade with Bangladesh, Bhutan, Nepal

The Economic Times, 31 January 2015
Bangladesh, Bhutan, India and Nepal (BBIN) today discussed the scope for power trade and inter-grid connectivity between themselves and decided to explore the possibility of using multi-modal transport to meet commercial as well as tourist needs. More…

US strengthens trade engagement with India through policy

The Economic Times, 31 January 2015
The US says it strengthened engagement with India through the US-India Trade Policy Forum and secured the historic Trade Facilitation Agreement at the WTO after overcoming an impasse with India. More…

Economic Growth Revised Up by Almost 50%

NDTV, 30 January 2015
India`s economy grew almost 50 per cent faster in 2013/14 than earlier thought, the government said on Friday after changing a formula, a reminder of the challenges that unreliable statistics present to Indian policymakers. More…

India-US solar issue: WTO`s dispute panel to meet next week

The Economic Times, 30 January 2015
The WTO`s dispute settlement panel, which is examining a complaint by the US against India`s domestic content requirements under its solar power programme, would meet next week in Geneva. More…

Post-2015 development agenda should be clear of conditionalities: India

The Financial Express, 29 January 2015
India has said that the architecture of the post-2015 development agenda should stay clear of artificially-imposed conditionalities and be shaped in a manner to allow each country to develop according to its own national priorities and circumstances. More…

India, US disagree over food security

The Economic Times, 29 January 2015
Disagreements flared up between the US and India here today at the first informal meeting to find a permanent solution on public stockholding for food security in developing countries. More…

India, Gulf nations rapidly becoming biggest trading partners

The Economic Times, 28 January 2015
Key economies like India and China are rapidly becoming the biggest trading partners of the Gulf countries as compared to other regions, a new study has said. More…

India, Germany to hold talks on environment, climate change

The Economic Times, 27 January 2015
India and Germany will hold a bilateral meeting tomorrow aiming at strengthening the cooperation between the two nations on issues related to environment. More…

India challenges WTO panel`s ruling in US poultry case

The Economic Times, 27 January 2015
India has challenged a WTO panel`s ruling that the country`s ban on American poultry product imports was inconsistent with global norms. More…

Obama in India: US president announces $4 billion of new initiatives, trade missions to help boost infrastructure

The Economic Times, 27 January 2015
US President Barack Obama on Monday announced $4 billion of new initiatives aimed at boosting trade and investment ties as well as jobs in India, and opened up a whole new source of financing for social development ventures in the country through a new Indian Diaspora Investment Initiative. More…

India appeals to WTO board over import of US agri products

Live Mint, 27 January 2015
India had in 2012 imposed some prohibitions with regard to importation of various agricultural products from the US because of concerns related to Avian Influenza. More…

Give India IPR-free technology to fight climate change: Prakash Javadekar

Live Mint, 26 January 2015
If technology is provided free of intellectual property rights, India will walk the extra mile on climate change, says environment minister Javadekar. More…

Column: India s recovery will be gradual

The Financial Express, 26 January 2015
Is a time-frame of less than 2 years enough for a country to move out of the club of the fragile five (Turkey, Brazil, India, South Africa and Indonesia) and be counted amongst one of the most promising growth destinations globally?.More…

Factbox – Obama and Modi unveil India nuclear trade breakthrough

Reuters, 25 January 2015
U.S. President Barack Obama and Prime Minister Narendra Modi unveiled a deal aimed at unlocking billions of dollars in nuclear trade and deepening defence ties, steps both sides hope will help establish an enduring strategic partnership. More…

Happy economy is moving towards high growth trajectory: Mukherjee

Business Standard, 25 January 2015
Describes 2015 as year of hope in eve of R-Day address, says economic progress is also a test of democracy. More…

Barack Obama`s India visit: Climate change talks high on the agenda between India and US

The Economic Times, 25 January 2015
Climate change will figure high on the list on the agenda at Sunday`s meeting between Prime Minister Narendra Modi and President Barack Obama, especially as both leaders are personally invested in addressing the issue. More…

India discusses trade deficit, rising imports with China

Business Standard, 17 January, 2015
Nirmala Sitharaman and Chinese Vice-Minister of Commerce Gao Yan discussed the issues at a bilateral meeting. More…

ET Global Business Summit 2015: India definitely a country of the future, says Paul Krugman

The Economic Times, 17 January, 2015
Nobel-prize winning economist Paul Krugman had good news to offer at the Airtel Economic Times Global Business Summit, both general and particular. More…

India visit is an important step towards boosting trade ties: Andrew Robb

The Economic Times, 16 January, 2015
Australia today said there is “something special” happening in India and it is keen to be a part of this very important period in India`s “re-emergence” as a significant power. More…

WTO trade deal: India to scuttle inclusion of new issues: Trade minister Nirmala

Live Mint, 16 January, 2015
Sitharaman said it was troubling to hear suggestions that development was no longer relevant in debates about multilateral trade. More…

Foreign trade policy after Budget: Government

The Times of India, 16 January, 2015
The much-delayed foreign trade policy (FTP) is expected to be unveiled after the Budget, a top government official said. More…

India positive for Paris 2015 climate change negotiations

Greentech lead, 10 January, 2015
India was positive of a good outcome at the Paris 2015 climate change negotiations which must yield an agreement to keep the global temperatures from rising over two degrees Celsius, Environment Minister Prakash Javadekar said Saturday. More…

WTO chief to visit India, govt eyes food security solution

Business Standard, 10 January, 2015
The next World Trade Organization ministerial meet will be held in December. More…

India-Asean trade unlikely to reach $100 bn mark by 2015

The Navhind Times, 10 January, 2015
With the FTA in Services and Investments with Asean yet to be operational, the trade between India and the Association of Southeast Asian Nations region is unlikely to reach $100 billion by 2015, an expert said here Friday. More…

Sustainable energy gets MoU push

The Times of India, 10 January, 2015
Sustainable Energy for All (SE4ALL), an initiative of the United Nations, will sign a memorandum of understanding (MoU) with the Gujarat government on January 12 at the Vibrant Gujarat summit. More…

India water week from January 13

The Times of India, 09 January, 2015
In an effort to raise awareness, conserve and use water resources in an integrated manner, the Ministry of Water Resources, River Development and Ganga Rejuvenation, Government of India will be observing “India Water Week” from January 13 to 17th of this month to use it as a platform to elicit ideas and opinions from global level decision makers, politicians, researchers and entrepreneurs in the field of water resources for mutual benefit and goodwill. More…

Australian trade minister leads largest business mission to India

The Economic Times, 09January, 2015
Australian Trade and Investment minister Andrew Robb will visit India with the largest-ever business mission in a bid to build on the growing economic momentum between the two countries. More…

Economy to grow at 5.6% this fiscal: India Ratings

The Financial Express, 09 January, 2015
The economy is likely to grow at about 5.6 per cent in 2014-15 and fiscal and current account deficits no longer pose a threat to macroeconomic stability, India Ratings said today. More…

Vedanta Resources to invest $30 bn in India if climate remains positive: Anil Agarwal

The Financial Express, 09 January 2015
Metals and mining conglomerate Vedanta Resources can make fresh investments of over USD 30 billion in India if the investment climate in the country remains positive, its chief Anil Agarwal said today. More…

Govt. targets climate groups

The Hindu, 02 January, 2015
After taking action against the international environment group Greenpeace, the government has clamped down on four American NGOs working in the same field Avaaz, Bank Information Centre (BIC), Sierra Club and 350.org. More…

2014 has been the year of challenges and reforms for India: Arun Jaitley

The Economic Times, 02 January 2015
2014 was one of the most challenging years for India. For two consecutive years our GDP growth was sub 5%. Employment generation had declined, the revenue buoyancy was low and the country had become investment starved. More…

Large-scale government spending has financial risk: Moody s

The times of India, 02 January 2015
There has always been development-oriented public spending in India, so public spending is not a new strategy: Atsi Sheth.More…

Reviving India`s economy: 3 key developments to watch out for in 2015

First Post, 01 January 2015
15 is going to be a crucial year for the Indian economy. Indians will be watching what Narendra Modi has up his sleeve to kickstart the investment cycle and revive the economy. More…

India, Pakistan agree to improve cross-LoC trade

The Asian Age, 01 January, 2015
Even as renewed clashes between facing troops along the India-Pakistan borders in Jammu and Kashmir have again set off tensions between the two sides, the officials of the two South Asian neighbours have agreed to initiate all necessary measures towards improving infrastructural and other facilities for cross-LoC trade and travel. More…

Government plans to challenge WTO order on US poultry

The Economic Times, 01 January, 2015
India plans to challenge a World Trade Organisation (WTO) order that told New Delhi to remove curbs on poultry imports from the US, saying it`s important to protect the industry that supports livelihood of millions of people in the country. India had banned poultry imports on account of avian influenza, which WTO called `unscientific`. More…