March 2015

India critical of US proposal on e-commerce, cloud computing

Live Mint, 25 March 2015
The proposal calls for removal of localization requirements that protect personal data within national borders. More…

India to lead Asia s economic growth: Asian Development Bank

The Financial Express, 24 March 2015
Projecting a slowdown in Chinese economy, the Asian Development Bank (ADB) today said the economic growth in Asia would be led by India for the next couple of fiscals. More…

Pakistan is in the process of offering India NDMA: WTO report

The Economic Times, 24 March 2015
Pakistan is in the process of granting the Non-Discriminatory Market Access (NDMA) status to India, said a WTO report. More…

Climate change to have considerable impact on Ganga s dynamics

The Indian Express, 24 March 2015
Climate change will have a considerable impact on the dynamics of the river Ganga, affecting a major portion of north India which is directly dependent on it for its agriculture and industrial needs, a recent study said. More…

India opposes new US proposal on food stockholding at the WTO

The Economic Times, 22 March 2015
India and other members of the G-33 grouping have opposed a new US proposal for a permanent solution to the factious issue of food stockholding for food security in developing countries at the second informal meeting at the WTO this year. More…

WTO deal: US comes up with new proposal on food stockpiling

The Economic Times, 22 March 2015
The US has come up with a new WTO proposal to find a permanent solution to food stockpiling after the earlier one was contested by the so-called Group of 33 countries, including India. More…

How the U.S. can strengthen economic and military ties with India

Fortune, 22 March 2015
By forging an alliance with Thailand, Taiwan and other Asian nations, the U.S. and India can accelerate economic growth in the region. More…

Irish minister calls for stronger trade ties with India

Business Standard, 22 March 2015
Pitching for stronger trade ties with India, an Irish Minister has called for greater investment in the spheres of education and healthcare even as he said it was “strange” that relations between the two countries were not as strong as they can be. More…

India ready to share Myanmar gas with Bangladesh in energy swap

The Financial Express, 22 March 2015
An Indian minister expressed Delhi`s willingness to share with Bangladesh gas from Myanmar with which the former is planning to build a pipeline for the fuel import. More…

India needs to become globally competitive in infra, tax policy: FM Arun Jaitley

Financial Express, 21 March 2015
Advocating easing of entry barriers for global corporations, Finance Minister Arun Jaitley today said that India needs to become globally competitive from infrastructure to taxation. More…

India s Free Trade Agreements under Negotiation Progress and Developments

India Briefing, 20 March 2015
Free trade agreements (FTAs) are normally made between two countries, or a larger nation and a regional trading bloc. Many governments, including India, have either signed FTAs or are in the process of negotiating new bilateral free trade and investment contracts. More…

India-South Asia trade reaches $19.21 bn in Apr-Jan

The Economic Times, 20 March 2015
India`s merchandise trade with seven South Asian countries has reached USD 19.21 billion during April-January period of the current fiscal. More…

WTO members ask India to remove export sops to textiles, apparel

The Economic Times, 20 March 2015
WTO member countries including the US, Turkey and Japan, have asked India to phase out export subsidies on textiles and the apparel sectors, Parliament was informed today. More…

Govt sets aside funds for BRICS bank, none for AIIB

Live Mint, 20 March 2015
India has set aside Rs930 crore in the 2015-16 budget in addition to Rs100 crore that it had earmarked for the year ending 31 March. More…

Robust trade relations encourage Indonesia to invest in Make in India

Business Standard, 19 March 2015
Robust trade relations between India and Indonesia encourage Indonesian companies to invest in India under the `Make in India` initiative, an Indian official here has said. More…

India accuses WTO members of biased import policy

World Economy News, 19 March 2015
India government has accused some countries, especially WTO members, of maintaining an import policy which is biased towards the South Asian country s exporters. More…

India, Myanmar to start border trade through Mizoram

Business Standard, 18 March 2015
India and Myanmar would soon start formal border trade through the northeastern state of Mizoram, a senior state government official said here on Wednesday. More…

Pakistan, India need to prune `sensitive` list in trading: Envoy

Business Standard, 18 March 2015
India and Pakistan need to narrow down the list of their sensitive tradable items and work towards improving non-trade barriers to boost commerce in both countries, Pakistan`s High Commissioner in India Abdul Basit said here on Wednesday. More…

India open for investment; US ready to move in: USIBC chief

The Economic Times, 18 March 2015
India is open for investment and the US companies are eager to move in, head of a bilateral trade organisation has said while praising Prime Minister Narendra Modi for embarking on a journey to change the business environment in the country. More…

Pakistan ready to give India equivalent of MFN status: High Commissioner

Business Line, 17 March 2015
Pakistan is ready grant India the status of Non-Discriminatory Market Access (NDMA), an almost equivalent of Most Favourted Nation, any time soon. More…

3 sustainable energy enterprises from India shortlisted for green awards

The Economic Times, 17 March 2015
Three sustainable energy enterprises from India have been shortlisted for this year`s Ashden Awards, the world`s most prestigious green awardst. More…

Foreign secy for realism in US-India trade talks

Business Standard, 17 March 2015
The two countries previously negotiated in February last year on a BIT. More…

Flying blind in India

Live Mint, 16 March 2015
In an environment of weak growth, immigration and interest rates have been easy targets for govts. But they are not necessarily always the correct targets. More…

Lagarde says India will grow fast but not at a pace that Jaitley promised

DNA, 16 March 2015
International Monetary Fund (IMF) chief Christine Lagarde who is in India on a two-day visit said that India is likely to grow at 7.2% this year and at 7.5% next year. More…

EU ups FTA ante with eye on India s vibrant business climate

The Economic Times, 16 March 2015
Geoffrey Van Orden, a British lawmaker who trained at the Ooty military academy, will this week launch a charm offensive in New Delhi on behalf of the 28-nation European Union seeking a bigger role in the world`s fastest growing economy and lay the foundation for revival of talks on aFree Trade Agreement. More…

Sunderbans hardly prepared for climate change, migration

India Leaks, 16 March 2015
The fragile Sunderbans the largest mangrove forests and delta region spread over both Bangladesh and India is hardly prepared for climate change-related issues, experts said here on Thursday. More…

Government to merge green mission, job scheme

Live Mint, 16 March 2015
Convergence aimed to synergize efforts to improve livelihoods through horticulture, plantation and farm forestry and collectively address climate change concerns. More…

India`s trade deficit narrows to 17-month low

The Hindu, 14 March 2015
India s trade deficit narrowed to a 17-month low of $6.85 billion in February on an over 55 per cent decline in oil imports. The deficit in February 2014 was $8.3 billion. More…

RBI likely to let the rupee depreciate

The Hindu, 14 March 2015
The Reserve Bank of India (RBI) is likely to keep the Indian currency from appreciating against major currencies to give a competitive advantage for Indian exports. More…

Northeast is India`s economic corridor: Jitender Singh

Zee News, 14 March 2015
Describing the northeast as the “economic corridor of India”, Minister of State for Development of the Northeastern Region (DoNER) Jitendra Singh on Saturday asked leaders of the business community to become active participants in its development. More…

Environment degradation, climate change key challenges for mankind: Hamid Ansari

Live Mint, 14 March 2015
Vice-president says India needs to pay greater attention towards managing natural resources through eco-friendly policies, while making pollution costlier for polluters. More…

Chinese envoy favours India, China, Pakistan trade ties

The Economic Times, 13 March 2015
Chinese Ambassador Le Yucheng today favored trilateral trade ties between India, China and Pakistan for developing the region on “strong economic footing”. More…

India needs a finance system that promotes ecologically sustainable industry

The Economic Times, 13 March 2015
As the world journeys towards the Paris conference at the end of this year to build a global climate change architecture post 2020, and to finalise the sustainable development goals that will replace the millennium development goals from 2015 onwards, financing becomes the critical pillar to move towards these global goal postsl. More…

PM Modi`s Budget Slashes Environmental Funding for India

NDTV, 12 March 2015
Environmentalists in India have expressed alarm over the new budget of the government of Prime Minister Narendra Modi, which they say heralds substantial cuts in environmental programmes and fails to address the country`s worsening pollution and vulnerability to climate change. More…

Mission for Green India, MGNREGA will converge to facilitate afforestation on 10 million hectares of land

The Economic Times, 09 March 2015
The Centre has decided to extend its flagship rural jobs scheme to include afforestation as part of a move to create more durable assets through the programme that Prime Minister Narendra Modi recently derided as a living monument to the previous UPA government`s failures and promised to overhaul. More…

Weapons Trade: India World`s Number Two Importer

Business World, 09 March 2015
Saudi Arabia overtakes India as top importer; UAE a major arms buyer as weapons sellers benefit from Middle East conflicts. More…

India s economic growth may be strongest in the world: Marc Faber

Live Mint, 8 March 2015
Faber says that in the long run, Indian equities look promising, more attractive than US equities. More…

India s Middle East Policy Gathers Momentum

The Diplomat, 8 March 2015
New Delhi s active diplomacy with the region is now being bolstered by growing recognition of threats such as ISIS. More…

India,Egypt form group to cooperation on environmental issues

Business Standard, 7 March 2015
India and Egypt have decided to form a Joint Working Group for cooperation in the field of environment, climate change, urban waste management and environmental education. More…