May 2015

India: Don’t use environment as pretext to kick away poor’s development ladder

Business Standard, 27 May 2015
Don’t use universality and shared responsibilities for the environment as pretexts to kick away the ladder of development for the poor or to avoid responsibility for the global ecological havoc, India told the developed nations Tuesday in a telling message. More…

Redefining SAGAR in Indian Ocean

The Hindu, 26 May 2015
India should take the lead in developing the seas around the Indian Ocean so that all the surrounding nations benefit in a sustainable way. More…

India, three neighbours to ink road pact to boost trade

Live Mint, 26 May 2015
Bangladesh, Bhutan, India and Nepal are set to sign an agreement next month to connect their countries by road and boost trade and economic activity. More…

WTO: India’s trade minister to visit Paris on pending Doha round issues

DNA, 24 May 2015
A crucial meeting of trade ministers of key WTO member countries including India and the US will take place in Paris next month to discuss the pending issues of the Doha Round and finalise the agenda for the Nairobi ministerial meeting in December. More…

US expresses support for India-Pakistan trade enhancement through land route

Live Mint, 12 May 2015
Favouring enhancement of trade between India and Pakistan through land route, US Ambassador to India Richard R Verma said here today that he would certainly do whatever he can to push the governments of both the countries to resolve the issue at the earliest. More…

India raises concerns over commitment on $100 billion global climate fund

The Economic Times, 19 May 2015
India today sought clarity on ways to mobilise the targeted global climate fund of USD 100 billion per year by 2020, saying the developed countries are “nowhere” near the goal and this raises question on the credibility of the commitment. More…

Modi opens business with India in East Asia tour

GTR, 19 May 2015
India s PM Narendra Modi signed trade and economic co-operation deals worth US$22bn in his visit to China last week. More…

Discuss local subsidies before import tariffs, India tells WTO

Live Mint, 18 May 2015
WTO director general holds meetings with envoys from 7 major industrialized and developing countries. More…

PM Modi’s 3-nation tour: India, South Korea sign revised DTAA

The Economic Times, 18 May 2015
India and South Korea today signed a revised double taxation avoidance pact and agreed to begin talks from mid next year to widen the scope of free trade pact to boost bilateral economic cooperation. More…

India, Mongolia to encourage mutually beneficial trade, investment

Business Standard, 17 May 2015
Prime Minister Narendra Modi and his Mongolian counterpart Chimed Saikhanbileg on Sunday agreed toencourage development of equal and mutually beneficial trade, investment and economic cooperation. More…

Why India s government is targeting Greenpeace

BBC, 16 May 2015
Narendra Modi is probably celebrating the first anniversary of his landslide victory with a Chinese meal. More…

Only a strong IPR regime can incentivize companies to innovate and invest in India: Swiss Economy Minister

Business Standard, 16 May 2015
Mr. Johann Schneider Ammann, Swiss Economic Affairs Minister, expressed concern over India’s IPR regime, stating that without an assurance of a strong IP law, companies would not have the incentive to innovate and invest in India. More…

Narendra Modi visit: India, China commit to work together on climate change

The Financial Express, 15 May 2015
China and India, the world’s No. 1 and No. 3 greenhouse gas emitters, projected a united front on climate change. More…

India to grow at 8.1% in 2015-16: UN Report

The Economic Times, 15 May 2015
Indian economy is likely to clock 8.1 per cent growth in the current financial year, spurred by strong consumer spending amid low inflation, infrastructure projects and government’s reform measures, says a UN report. More…

China a high-risk trade, long-term bets from FIIs still on India: Experts

The Economic Times, 12 May 2015
The Indian market has corrected to such an extent that it has wiped out gains made so far in the year 2015. More…

Trade pacts are signed, but not implemented: Pak envoy

The Hindu Business Line, 11 May 2015
Pakistan s High Commissioner to India Abdul Basit on Monday termed terrorism a big issue and peace in mutual interest of the two countries that could be achieved through dialogue. More…

Indian agriculture at cross roads: M.S. Swaminathan

ANI News, 11 May 2015
Indian agriculture is at the cross roads, Dr. M.S. Swaminathan, father of India’s first Green Revolution, has warned. More…

Help boost trade, Pranab tells Indians in Russia

The Hindu, 11 May 2015
Wrapping up his four day visit to Russia, President Pranab Mukherjee told Russia s 15,000-strong Indian community to contribute to enhancing bilateral ties, pointing out that despite friendly relations and the closest institutional ties, Russia accounts for only 1 per cent of India s total international trade, at $6 billion last year (down from $10 billion in 2013 and $11 billion in 2012). More…

Nation s economy on the path of recovery: CEA

The Hindu, 10 May 2015
Stagnating exports and weak private investment pose major challenges to the recovering Indian economy, even though the devolution of tax revenues to the States is expected to spur growth, Chief Economic Advisor (CEA) to the Government of India Arvind Subramanian has said. More…

Continuity likely in ties with India

The Hindu, 10 May 2015
The election of a Conservative government under David Cameron will mark a continuation rather than a fresh start in building ties with India, as both countries have already established a fairly strong relationship, especially on the economic front. More…

US lambasts India on IPR, trade policies

Business Standard, 7 May 2015
USITC initiates fresh round of investigations. More…

Trade unions angry at govt`s labour reform proposals

The Times of India, 7 May 2015
Trade unions have vehemently opposed the government`s key labour reform proposals including those that make firing of employees easier and which make forming of unions tougher. More…

India`s Stand at WTO on Food Security

Business Standard, 6 May 2015
Together with other developing countries, India proposed an amendment to the relevant rules of the World Trade Organization (WTO) relating to public stockholding for food security purposes. More…

No legally binding climate change agreement under UNFCCC: Govt

Business Standard, 5 May 2015
India not “legally” bound under United Nations Framework Convention on Climate Change (UNFCC) and it has been “coordinating” with like minded countries for protecting its own interest in the climate change negotiating fora, government today said. More…

Focus on free trade deal, black money in Swiss minister s visit

The Economic Times, 4 May 2015
Schneider-Ammann will be the country s first cabinet minister to visit India after Narendra Modi took office. More…

India fully aligned with international IPR, will safeguard its own interests, says Nirmala Sitharaman

The Economic Times, 4 May 2015
India is fully aligned with international intellectual property rights standards and “there is no need for anyone to question us”, Commerce and Industry Minister Nirmala Sitharaman said, rebuffing a US report released last week that questions India`s IP policies. More…

An Opportunity for India in Central Asia

The Diplomat, 4 may 2015
The International North-South Transport Corridor is a chance for India to build links with Central Asia and Eurasia. More…

Pakistan refuses to open India-Afghanistan road link, says conduct trade via Karachi

IBN Live, 3 May 2015
Pakistan has refused to sign the motor vehicle agreement and to open up the road link for India and Afghanistan. Instead it has asked India to conduct trade via the Karachi port, sources said. More…

India relaxes border trade norms with China

The Economic Times, 2 May 2015
Ahead of Prime Minister Narendra Modi`s visit to China, India today relaxed the border trade by raising the transaction value of consignments between the two countries. More…

Pradeep S Mehta: The new trade order

Business Standard, 2 May 2015
The Trans Pacific Partnership is becoming a reality in the Asia-Pacific region would have many implications for India, not only in tariff preferences but also higher standards. More…

Seed associations of Bangladesh, India sign trade agreement

The Economic Times, 1 May 2015
Seed associations of Bangladesh and India have inked a pact to facilitate traders of both nations to increase business in high-yielding varieties of rice seeds, think-tank CUTS international said today. More…

Climate change could kill 1 in 6 of Earth`s species

The Times of India, 1 May 2015
One in six species on Earth could be threatened with extinction from climate change unless steps are taken to reduce global warming emissions, new research has warned. More…