India, New Zealand favour free trade agreement
The Hindu, 29 June, 2011
NEW DELHI: India on Tuesday resolved to diversify its ties with New Zealand in non-traditional areas such as defence. At a meeting between Prime Minister Manmohan Singh and his New Zealand counterpart John Key, both sides also expressed themselves in favour of a free trade agreement (FTA) and signed protocols in film production, higher education and research to strengthen people-to-people interaction. More…
Major industries hope for tariff reduction in India trade deal
Radio New Zealand News, 28 June, 2011
Two of New Zealand’s major export industries say a free trade deal with India would bring a welcome reduction in tariffs for their goods. More…
Markets trade flat, Cairn India slides 1%
Business Standard, 28 June, 2011
Markets pared all the gains made in the opening trades and were trading flat due to profit booking in oil & gas shares. The S&P CNX Nifty was trading at 5,529, up 1 point after touching a high of 5,558 and the benchmark Sensex was up 20 points, at 18,430. More…
India, Canada eye $15 billion trade in next 5 years
The Economic Times, 27 June, 2011
TORONTO: As fans in Toronto cheered for Bollywood icons in the run up to the IIFA awards , reflecting the growing popularity of Hindi films in Canada, government and corporates of the two countries warmed up to firmer business ties that could see bilateral trade reaching $15 billion in the next five years. More…
India’s opposition leads to rejection of EU tariff deal
Dawn.com, 27 June, 2011
ISLAMABAD: The European Union has failed to get approval at the World Trade Organisation from member nations, especially India, for granting trade preferences to Pakistan on 75 items, it is learnt. More…
U.S. sees vast untapped trade potential with India
Reuters, 23 June, 2011
(Reuters) – Finance officials from the United States and India will work to find ways to access the vast untapped trade potential between the two countries in economic talks next week, a senior U.S. Treasury official said on Wednesday. More…
EU wines to get cheaper as India willing to cut duty
The Economic Times, 23 June, 2011
NEW DELHI: Imported liquor is likely to get cheaper, with the government willing to lower import duty on alcohol from the European Union in return for easier visa norms and greater market access to Indian products there. More…
India, Myanmar to discuss trade and security ties
Forbes, 20 June, 2011
NEW DELHI — Indian External Affairs Minister S.M. Krishna headed to Myanmar on Monday after reaffirming his country’s commitment to economic and strategic cooperation with its neighbour’s new nominally civilian government. More…
India and Russia express intent for CECA
The Hindu, 18 June, 2011
India and Russia on Thursday expressed a desire to move towards formalising a Comprehensive Economic Cooperation Agreement (CECA) in an attempt to expand trade and investment beyond the traditional strongholds of oil, gas and purchase of defence equipment. More…
India & Japan to Strengthen Bilateral Trade Ties’
Orissadiary.com, 17 June, 2011
New Delhi: A large business delegation from Japan is scheduled to visit India in September 2011. More…
India refuses to link trade with labour standards at ILO meet
The Times of India, 16 June, 2011
NEW DELHI: India has reiterated its stand about its unwillingness to accept linking trade with labour standards. More…
Canada wants to conclude proposed FTA with India by 2013
moneycontrol.com, 16 June, 2011
Canada Thursday said it wants to conclude the ongoing negotiations for a comprehensive market opening pact with India by 2013. More…
India demands better market access from Russia; simpler visa norms on agenda
The Economic Times, 15 June, 2011
NEW DELHI: India will ask Russia for greater access to some sectors, including pharmaceuticals and animal products, simplified work permits and business visas and mutual recognition of standards and institutions to reduce its growing trade imbalance with the country. More…
India calls for removal of all trade barriers at Safta ministerial meet
The Economic Times, 13 June, 2011
DELHI: India has asked South Asia Free Trade Agreement or Safta member countries to remove all protectionist trade barriers to achieve regional economies of scale at a faster pace. More…
Maruti officials, striking workers trade charges
Livemint, 10 June, 2011
Some 250 protesting workers at Maruti Suzuki India Ltd’s Manesar plant have left the premises even as a stand-off continued between the employees and the management for the sixth day running over the recognition of a new labour union. More…
India Calls for Corrective Action against Trade and IPR Barriers
Press Information Bureau, 09 June, 2011
India has called for proactive and collective action from the international community to dismantle trade and intellectual property right barriers and improve the availability of accessible, affordable and quality drugs for the needy and impoverished. More…
South Africa wants to sell more value-added goods to BRICS partners
The Hindu, 07 June, 2011
South Africa wants to sell more value-added products to its BRICS partner countries rather than just exporting primary products to address structural trade imbalances, Trade and Industries Minister Rob Davies said. More…
India-Pakistan to trade in energy
Pakistan Observer, 06 June, 2011
Karachi—Trade in energy including electricity, fuels and petrochemicals between India and Pakistan is likely to feature on the landscape of bilateral sometimes this year, sources divulged to Pakistan Observer. More…
Nearly, 80% of fuelwood market sourced illegally
The Times of India, 05 June, 2011
NEW DELHI: It is one of the biggest energy markets within India. It is largely unrecorded and much of it is illegal. But, it fuels the needs of almost half the country’s rural population. More…
India likely to sign FTA with EU this year: Sharma
Moneycontrol.com, 05 June, 2011
India is hopeful of signing the Free Trade Agreement with the European Union this year and negotiations are at an ”advanced stage”, Commerce and Industry Minister Anand Sharma said today. More…
Currency rate movements impact investments
The Economic Times, 05 June, 2011
Currency is a physical object issued and guaranteed by the central bank or finance ministry of a country. The purpose of currency is to facilitate trade in goods and services within as well as outside a country. More…
India to raise H-1B visa issue: Sharma
Business Standard, 04 June, 2011
Union minister for commerce Anand Sharma said here today that India has taken up the issue of H-1B visas with the US and has written twice to the US trade representative about the restriction, “This issue will come up again during the joint press forum later this month”. More…
Did India derail WTO talks or US?
Rediff, 03 June, 2011
It appears there is some light at the end of a very long tunnel. Hopes have been revived at the World Trade Organisation with Director-General Pascal Lamy coming forward with a new “multi-speed” offer that should enable the fast-trackers and the laggards to remain on board before a portmanteau deal is struck. More…
India & China seek Green Tech transfer surety for duty cuts
The Economic Times, 03 June, 2011
India and China have said that developing countries will bring down duties on environmental goods-items that contribute to keep the earth green-only if developed countries agree to transfer technology and sponsor technical and financial assistance programmes. More…
India-Germany trade to reach €20 bn by 2012: PM
SME Times, 01 June, 2011
Prime Minister Manmohan Singh Tuesday said that two-way trade between India and Germany would reach the target of 20 billion euros per year by 2012. More…
India’s trade deficit widens to $9 billion in April
NDTV Profit, 01 June, 2011
India’s exports showed a robust annual growth of 34.4 per cent to $23.9 billion in April, but exporters are not sure whether the trend can be sustained in the wake of uncertainties in the global markets. More…
India, Pak to talk energy trade in Oct
The Times of India, 01 June, 2011
NEW DELHI: India and Pakistan are set to discuss initiatives to open energy trade between the two countries. More…