India’s Current-Account Deficit Widens to a Record as Goods Imports Rise
Bloomberg, 30 June 2010
India’s current-account deficit widened to a record last quarter as an accelerating economy boosted imports of goods and machinery.More…
Myanmar-India bilateral trade up sharply in Y 2009-10
Live Trading News, 30 June 2010
Myanmar-India bilateral trade reached US$1.19B in the fiscal Y 2009-10, increasing by 26.1% from the previous year, and India stands as Myanmar’s 4th largest trading partner after Thailand, China and Singapore, according to the latest official figures available on Wednesday.More…
Govt wants stronger trade relations with Asia-Pacific nations
Livemint.com, 01 July 2010
India will consider deepening trade ties with nations that are part of the Asia-Pacific Trade Agreement (Apta), a government official said. More…
Britain ‘committed to enhanced partnership with India’
Business Standard, 29 June 2010
Britain is committed to an “enhanced partnership” with India and will push for a successful outcome to the Doha trade talks, a top British minister has said. More…
India 2010 Gold Imports Likely Down 40%
Wall Street Journal, 29 June 2010
India’s gold imports will likely fall 40% in 2010 from 343 metric tons last year as prices climb to new highs, Bombay Bullion Association President Suresh Hundia said. More…
India, Canada agree to boost trade to $15 bn a year by 2015
Business Standard, 28 June 2010
India and Canada have agreed to achieve an annual bilateral trade target of $15 billion by 2015 to encourage two-way flow of investments. More…
India & China: Roaring giants of Asia
The Economic Times, 29 June 2010
It is a story that has been told a thousand times. But listeners of the tale about the elephant-dragon race in trade, investments, market conquests and other fields never yawn as the yarn continues to throw up new twists and turns every once in a while. More…
Pakistan keen on starting trade talks
The Hindu, 27 June 2010
Pakistan is keen to start Commerce Secretary-level talks, said a senior Indian official on Saturday. More…
Pakistan keen on starting trade talks
The Hindu, 27 June 2010
Pakistan is keen to start Commerce Secretary-level talks, said a senior Indian official on Saturday. More…
Developing economies should invest in each other
Timeslive.co.za, 27 June 2010
When President Jacob Zuma travelled this month with the largest business delegation to visit India it marked a new model of engagement between the government and the private sector. More…
Country’s exports to be more competitive after China Yuan move
Nasdaq, 23 June 2010
India’s exports will become more competitive in global markets compared to those of China, following a decision by Beijing to ease the yuan’s nearly two-year peg to the dollar over the weekend, Rahul Khullar, trade secretary of the south Asian country said Wednesday. More…
India, Canada Could Ink Nuclear Trade Deal
Global Security Newswire, 23 June 2010
India yesterday said it has made “progress” in negotiating a civilian nuclear cooperation agreement with Canada and suggested the nations could ink a finished deal within the next week, the Express News Service reported. More…
Mukherjee calls for advance technology trade between India-U.S.
Thaindia News, 23 June 2010
Indian Finance Minister Pranab Mukherjee on Wednesday called for an advance technology trade between India and the United States. More…
India, Canada to end acrimony
Business Standard, 23 June 2010
India and Canada will end their official acrimony later this weekend when they sign an agreement for cooperation in the civil nuclear sphere, bringing to an end a chapter in betrayal and denial that lasted 36 long years. More…
Nuclear Exporters Could Curb Indian Trade Rights
NTI, 22 June 2010
A 46-nation nuclear export control regime could adopt rules that would prohibit India from buying nuclear fuel enrichment and reprocessing gear from abroad because New Delhi has not signed the Nuclear Nonproliferation Treaty, The Hindu reported yesterday. More…
NTPC to trade power with Bangladesh
Indian Express, 23 June 2010
The Ministry of External Affairs will grant permission to NTPC’s nodal agency for power trading to commence transactions with Bangladesh next week. NTPC Vidyut Vyapar Nigam (NVVN) will serve as the conduit for all power trading which will occur between India and Bangladesh as the neighbors strengthen ties over power generation. More…
Botswana invites Indian Investments
India Infoline.com, 18 June 2010
Even as Indian industry establishes larger footprints in southern Africa, Botswana is making a strong case for Indian companies to invest in a variety of business sectors in the country. More…
Sri Lanka to ink trade deal with India after addressing concerns: minister
Lanka Business Online, 18 June 2010
Sri Lanka wants to extend economic links with India by signing a new trade agreement once concerns are addressed, 10 years after the first free trade deal was inked with the neighbour, a government minister said. More…
Trade with Iran grows in spite of UN sanctions
Business Standard, 17 June 2010
India’s joining the international action against Iran, including the fourth round of United Nations’ sanctions imposed last week, do not seem to be correlated to the growing economic relations between the two countries. Trade between India and Iran has increased from $2.2 billion in 2000-01 to over $13 billion in 2008-09. More…
India’s Polished Trade Nearly Doubles in May, Yet to Close Pre-Crash Gap
IDEX Online, 15 June 2010
India exported $1.8 billion worth of polished diamonds in May, leaping 89.4 percent year-over-year, yet falling 29.6 percent behind exports in May 2008 when exports stood at $2.55 billion, based on provisional figures published by the GJEPC. More…
China-India trade volume up 61.7% in May
China Knowledge Online, 14 June 2010
China and India saw their trade volume jump 61.7% year on year to US$5.46 billion in May, and it is the seventh consecutive month for robust increase in the bilateral trade, according to the statistics released by the Ministry of Commerce. More…
Syria seeks strategic energy, IT partnership with India
Sify, 12 June 2010
Syria has invited Indian companies to set up joint ventures and forge strategic partnerships, especially in the fields of energy and information technology, as the two countries agreed to step up efforts to raise bilateral trade. More…
Lift restrictions on better quality non-basmati exports: Trade body
Business Standard, June 10 2010
The government should lift curbs on superior non-basmati rice exports as domestic supplies are seen way above buffer stock needs, Vijay Setia, president, All India Rice Exporters Association said. The government had banned export of non-basmati rice in 2007 to contain price rise, but has been selectively allowing exports of small quantities via diplomatic channels. More…
India Wants China to Lift Trade Restrictions on Agro Products
2point6billion, 09 June 2010
India expressed hope on Monday that China will soon drop trade restrictions on a wide array of Indian agricultural products as a way to offset a growing bilateral trade imbalance that rose to US$16 billion last year. More…
India, Czech Republic sign pact on economic cooperation
Indian Express, 09 June 2010
India and the Czech Republic on Tuesday completed the substantive part of the bilateral engagements and inked agreements that had been scheduled to coincide with the three-day visit of Vice President Hamid Ansari to Prague. More…
India, SA to back each other for UNSC seat
The Times of India, 05 June 2010
While pushing for reforms in international institutions, including UNSC, India and South Africa on Friday announced support to each other’s candidatures for the non-permanent seat for the 2011-2012 term. More…
Sri Lanka a new hotspot for India Inc
Hindustan Times, 04 June 2010
Sri Lanka is looking to be the next big investment destination for India Inc as the decades-long armed conflict is finally over in the island nation.More…
SA-India trade likely to soar
Times Live, 03 June 2010
President Jacob Zuma has challenged South African and Indian businesses to raise the value of trade between the two countries to $10-billion (R76.2-billion) by 2012. More…
India wants high-tech trade to anchor US ties
DNA, 03 June 2010
External affairs minister SM Krishna projected high-tech commerce on Wednesday as a sheet anchor for India’s ties with the US as the strategic dialogue got underway in Washington six months ahead of president Barack Obama’s anticipated visit to New Delhi. More…
India-UAE trade up 70 percent: Envoy
The Economic Times, 03 June 2010
Trade between the UAE and India increased by nearly 70 per cent during 2008-09, showing the growing importance of ties between the two countries, a top envoy has said. More…
S.Africa’s Zuma seeks to boost trade links with India
AFP, 03 June 2010
South African President Jacob Zuma, in India on his first state visit to Asia since taking office, was due to meet business leaders Thursday in Mumbai in a bid to boost trade ties. More…
India may allow Chinese telecom imports
Reuters, 02 June 2010
The Indian government may allow imports of Chinese telecom equipment after security checks, a top Indian government official said, indicating a softening of India’s position on an issue that has clouded ties between the two Asian powers. More…
India-US talks to focus on Afghanistan, economic ties
Reuters, 01 June 2010
India and the United States open high-level talks this week, hoping to cement gains in a partnership still bedeviled by doubts despite vows of deeper political and economic cooperation. More…
India’s Foreign Trade: April, 2010
Press Information Bureau, 01 June 2010
India’s exports during April, 2010 were valued at US $ 16887 million (Rs.75147 crore) which was 36.2 per cent higher in dollar terms (21.1 per cent in Rupee terms) than the level of US $ 12397 million (Rs.62064 crore) during April, 2009. More…
April exports rise 36 pct y/y: Govt
Reuters, 01 Jun 2010
New Delhi: India’s exports rose an annual 36 percent in April to $16.9 billion, the sixth consecutive rise after 13 straight months of decline, the government said in a statement on Tuesday.More…