India, U.S. sign reprocessing agreement
The Hindu, 31 July 2010
India and the United States on Friday evening signed the much-debated agreement on modalities for reprocessing spent nuclear fuel, under the civilian nuclear deal between the two countries. More…
India’s trade three times more with Malaysia
The Express Tribune, Pakistan, 31 July 2010
Indian trade with Malaysia is three times higher than that of Pakistan and out of total Indian imports from Malaysia, 33 per cent are agro-based products, said High Commissioner of Malaysia, Ahmed Anwar Adnan. More…
No land trade route to India till resolution of Kashmir dispute: Pak minister
Sify, 30 July 2010
Pakistan Information Minister Qamar Zaman Kaira has said that his country will not allow any land trade route to India until both countries resolve the Kashmir dispute. More…
India’s unfair trade practices lambasted
The Express Tribune, 30 July 2010
Pakistan has threatened to respond in kind if India continues to obstruct exports through the use of non-trade barriers. This was asserted by Pakistan’s High Commissioner to India, Shahid Malik, on Thursday. More…
Nepal, India ink pact to curb illegal trade in animal parts
The Times of India, 29 July 2010
Nepal and India inked a key pact to curb illegal trade in animal parts and other conservation initiatives to boost wildlife in the two neighbouring states. More…
U.K. Leader Ends India Trip With New Accords
Wall Street Journal, 29 July 2010
U.K. Prime Minister David Cameron wrapped up a visit to India on Thursday with one agreement on expanding cultural ties and a host of initiatives designed to propel the new “special relationship” that Britain seeks with its former colony. More…
India makes fair trade in TT
Newsday, 29 July 2010
Upset, placard-toting businessmen made their voices heard in front of the Ministry of Trade recently as they made a plea for the line minister to put the Indian traders on a tight leash. More…
India wants to “deepen and expand” trade accords with Mercosur
Mercopress, 29 July 2010
“There’s a bilateral agreement being enacted since June 2009 and we’d like to expand it,” he said, and added that “there are over 900 products being exported from India to the Mercosur and vice versa” for which now they are trying to increase that flow since the region is being considered a “long term business partner” by the Asian country. More…
Govt To Allow Civil Nuclear Exports To India
Wall Street Journal, 28 July 2010
Business Secretary Vince Cable Wednesday said the government plans to allow the export of the U.K.’s civil nuclear technology and expertise to India for the first time. More…
India-Lat-Am trade poised for rapid growth
The Hindu, 28 July 2010
Describing the potential exchange of goods and services between India and Latin America as “nothing short of extraordinary”, Luis Alberto Moreno, president of the Inter-American Development Bank joined with other leading economics scholars this week to release the book “India: Latin America’s Next Big Thing?” More…
India-Japan FTA likely by year-end
The Economic Times, 28 July 2010
The government expects to conclude the negotiations for a proposed free trade agreement to enhance its USD 11-billion bilateral trade with Japan by the end of this year. More…
RBI Raises Policy Rates
Wall Street Journal, 27 July 2010
India’s central bank Tuesday raised its main lending rate by 0.25 percentage point and its borrowing rate by a larger-than-expected 0.50 percentage point, as it seeks to quell double-digit inflation. More…
India, Latin America Have ‘Massive’ Trade Potential, IDB Says
Bloomberg, 27 July 2010
India could become a major trade partner for Latin American and the Caribbean if governments can cut trade barriers and shipping costs are reduced, a study by the Inter-American Development Bank said. More…
India-Asean deal for services hits Mode IV roadblock
Business Standard, 27 July 2010
The negotiations to conclude a services deal under the free trade agreement (FTA) between India and the Association of South East Asian Nations (Asean), the 10-country trading bloc, is facing hurdles as ‘serious concerns’ emerge over the issue of movement of natural persons, or Mode IV, as referred in trade jargon. More…
India Needs Monetary Steps to Cool Inflation, Central Bank Says
Bloomberg, 27 July 2010
India needs tighter monetary policy to cool inflation, the central bank said, signaling the possibility of an interest-rate increase today. More…
Myanmar, India work for closer economic cooperation
Xinhua News Agency, 24 July 2010
Myanmar top leader Senior-General Than Shwe left Nay Pyi Taw Sunday to start a five-day goodwill visit to India at the invitation of Indian President Mrs. Pratibha Devisingh Patil. More…
David Cameron’s India mission in person
Telegraph.co.uk, 24 July 2010
The list reveals that five members of the Cabinet, two ministers of state and more than 50 FTSE chief executives, leading business figures and even sports stars will be on the mission starting on Tuesday. More…
India ignoring Washington as it woos Iran
Tehran Times, 24 July 2010
India and Iran have decided to give new direction to their bilateral ties that have been dormant for some time now. More…
Trade gap with India to be curbed next year
The New Nation, 22 July 2010
Commerce Minister Lt Col (retd) Faruk Khan on Wednesday said necessary steps have been taken to narrow down the trade gap between Bangladesh and India by removing tariff and non-tariff barriers within the next one year. More…
India’s Wheat Exports to Bangladesh Stuck in Negotiations
Wall Street Journal, 21 July 2010
India’s proposal to sell up to 400,000 tons of wheat from federal stocks to Bangladesh, skirting a ban on the grain’s export, is caught in negotiations as its South Asian neighbor wants the offer price lowered significantly, said trade officials Wednesday. More…
India’s Q1 trade deficit up at $32.2 billion news
Domain-b, 21 July 2010
India’s trade deficit rose to $32.2 billion in the first quarter of the current financial year (April-June 2010) with imports rising 34 per cent to $83 billion, even as exports from the country rose 32.2 per cent to $50.8 billion. More…
Fairtrade in India
Forbes India, 21 July 2010
India is warming up to fair trade. But the concept remains a niche market as companies are hesitant about taking it to the masses. More…
India-EU trade deal likely by year-end
Indian Express, 20 July 2010
Following an informal dialogue on the India-European Union free trade agreement (FTA) last week, both sides are confident that the pact will be finalised by the end of the year. More…
China Sees Export Threat From Brazil, India Monetary Tightening
Bloomberg Businessweek, 20 July 2010
Monetary tightening in India and Brazil may add to Europe’s sovereign-debt crisis in curbing demand for China’s exports, a Chinese official said. More…
India Trade Secretary: June Exports Rise 30.4% to $17.75 Billion
Dow Jones, 19 July 2010
India’s merchandise exports rose 30.4% from a year earlier to $17.75 billion in June, federal Commerce Secretary Rahul Khullar said Monday. More…
Indo-Pak trade talks could set peace tone
The Financial Express, 19 July 2010
Political tension notwithstanding, Pakistan is keen to improve economic and trade relations with India. More…
India building infrastructure in northeast to boost trade
Sify Finance, 16 July 2010
India is building new infrastructure and beefing up existing ones along the international border in the northeast to boost trade with neighbouring countries, officials said here Friday. More…
EU drops trade probes on Malaysia, India fasteners
Reuters, 15 July 2010
The European Commission has dropped investigations into allegations of illegal dumping and state subsidies favouring Indian and Malaysian fastener exporters after EU producers withdrew their complaints. More…
India 2010 gold imports seen at 500-550T – trade exec2010-07-15 18:50:00
Sify Finance, 15 July 2010
“India may import 500-550 tonnes of gold in 2010 (CY),” said Anjani Sinha, head of the Indian Bullion Market Association (IBMA), which represents about 10,000 jewellers across India. More…
Krishna in Pak: It’s not just politics
The Economic Times, 15 July 2010
Terrorism would be topping the agenda of the talks when external affairs minister SM Krishna meets with his Pakistan counterpart Shah Mahmood Qureshi in Islamabad. However, enhancing economic relations with the neighbour would also be discussed. More…
India-Singapore trade touches SGD 14.87 billion so far in 2010
The Economic Times, 14 July 2010
India and Singapore trade totaled SGD 14.87 billion in the first six months of this year, up 45 per cent from SGD 10.8 billion in the same period a year ago, the Singapore trade agency said today. More…
India-French bilateral trade set to increase: Envoy
Sify Finance, 13 July 2010
Bilateral trade between India and France is expected to rise with French firms starting to supply nuclear reactors and participating in Indian infrastructure and other projects, French Ambassador Jerome Bonnafont said. More…
India seeks ban on iron exports
Financial Times, 13 July 2010
The Indian government has proposed a ban on the export of iron ore to secure the country’s mineral wealth for the fast-growing domestic economy. More…
Trade pact can generate 2.5 million jobs in India: Industry
The Economic Times, 12 July 2010
India will be able to bag extra orders worth $3billion for garment exports from the European Union, if the country enters into a free trade agreement with the EU, apparel exports body said today. More…
Indian investments to rise post trade pact: Malaysian minister
Press Trust of India, 12 July 2010
Indian investments in Malaysia are expected to surge with trade pacts expected to be inked between the two sides later this year, a Malaysian minister has told a newspaper. More…
India moves closer to Iran over Afghan concerns
Livemint, 12 July 2010
Wary of Pakistan’s increasing influence in Afghanistan, India is tweaking its foreign policy and growing closer to Iran in a bid to protect its strategic stakes in the war-ravaged nation. More…
Slow progress in ASEAN talks on services, investments
The Hindu, 11 July 2010
India’s negotiations with ASEAN for a comprehensive services and investment agreement are progressing at a “painfully slow” pace and major member countries fear that a ‘deal with India’ would lead to the services market being taken over by the former. More…
Iran eyes ‘$30 bn trade’ with India
Press TV, 09 July 2010
Iran’s Finance Minister Shamseddin Hosseini says the value of bilateral trade between the country and India could hit $30 billion over the next five years. More…
Malaysia, India bilateral trade rebounces
People’s Daily, 08 July 2010
The bilateral trade between Malaysia and India has increased by 11 percent in the first five months this year, giving hope that the annual figure will be better than last year. More…
Pak refuses trade route to India
ExpressIndia, 08 July 2010
Islamabad Pakistan has refused to allow the transit of Indian goods to Afghanistan through its territory though Afghan truckers will be permitted to use Pakistani routes to deliver cargo to the Wagah land border, Afghan Finance Minister Hazrat Omar Zakhilwal said. More…
Big role for India in organic food trade: Pawar
Sify Finance, 07 July 2010M
India can play a significant role in global organic food trade, Agriculture Minister Sharad Pawar said here Wednesday. More…
India-Malaysia trade pact to be ready by September
The Economic Times, 07 July 2010
India and Malaysia today said the Comprehensive Economic Cooperation Agreement between the two countries is expected to be ready by September, in time for Indian Prime Minister Manmohan Singh’s visit here in November this year. More…
India fears generic drugs for poor are endangered in proposed EU trade deal
Guardian Weekly, 06 July 2010
Loon Gangte, head of the Delhi Network of Positive People and a leader in the campaign to defend HIV-Aids sufferers, fears that negotiations between the EU and India on a free trade agreement, to be completed by the end of the year, will undermine India’s booming generic drug business and jeopardise cheap treatment. More…
India’s trade minister leads team to Malaysia
Business Times, 06 July 2010
Indian Commerce and Industry Minister Anand Sharma will be leading a high-powered business delegation to Malaysia tomorrow. The two-day visit ahead of Prime Minister Manmohan Singh’s visit to Kuala Lumpur at the year-end could accelerate the pace of the Comprehensive Economic Cooperation Agreement (CECA). More…
India offers liberal aid to Mozambique to boost trade ties
Sify, 05 July 2010
Seeking to boost trade ties, India on Monday offered to train Mozambique nationals in exploring and extracting the mineral-rich country’s vast coal deposits and also extended liberal aid to the youth to pursue higher studies. More…
Unilateral sanctions on Iran will hurt India: Nirupama Rao
The Hindu, 06 July 2010
India on Monday expressed its disapproval of “unilateral sanctions” by individual countries that restrict investments by third countries in Iran’s energy sector. More…
India’s trade deficit expected to widen
The Economic Times, 2 July 2010
India’s trade deficit is forecast to widen in the 2010/11 fiscal year as its rebounding economy raises demand for manufacturing and oil imports, while the euro zone debt crisis hits exports, mainly in software. More…
UK-India trade relations in decline
The Hindustan Times, 02 July 2010
As Prime Minister David Cameron prepares to roll out Britain’s new special relationship with India, the first task of the two countries must be to stem a sudden and sharp decline in trade and investment due to the global recession, analysts and business leaders say. More…
India’s trade gap may touch USD 123 bn in FY’11: Citigroup
The Economics Times, 01 July 2010
India’s trade deficit may increase by over 20 per cent to USD 123 billion in 2010-11, as its non-oil imports are on the rise, a report by research firm Citigroup Global Markets said today. More…
India More Vulnerable Now to Global Slowdowns, RBI Report Says
Bloomberg Business Week, 01 July 2010
India has become more vulnerable to slowdowns and financial crises abroad as foreign trade plays a bigger role in the economy, the central bank said. More…