Russia and India likely to ink trade, military deals
AFP, 30 November 2010
Russia said Monday it hoped to sign a slew of agreements with India, including military and trade deals, during a trip next month by Russian President Dmitry Medvedev to New Delhi. More…
India pushes for bilateral investment protection pact with Nepal
Sify News, 29 November 2010
The Indian government and the Confederation of Indian Industry (CII) are pushing for a quick inking of a Bilateral Investment Protection Agreement (BIPA) with Nepal, whose trade with India accounts for 60 percent of external trade and where 45 percent of the foreign investment comes from India. More…
Free trade pact with EU making good progress
Business Standard, 29 November 2010
Negotiations for the ambitious free trade agreement (FTA) between India and the 27-nation economic bloc of the European Union (EU) are likely to be wrapped up by early next year. The talks, on from June 2007, are now progressing well. More…
India, Syria launch joint business council
The Tribune, 28 November 2010
India and Syria today launched a Joint Business Council to double the bilateral economic and trade volumes with visiting President Pratibha Patil saying that at current levels they were “far below potential”. More…
India seeks to resolve climate disputes at Cancun
Bloomberg Businessweek, 27 November 2010
India has offered two proposals for the U.N. climate summit in Cancun, Mexico, in hopes of redefining its global image and helping to resolve disputes that have stymied agreement on curbing greenhouse gas emissions, its environment minister said Saturday. More…
Indians’ economic optimism rebounds in 2010: survey
Press Trust of India, 20 November 2010
After being hit by the global recession, economic optimism rose significantly among Indians in 2010, so did their perception about their own standard of living, the latest Gallup poll said. More…
India invited to be engaged in transition in Afghan: US
Indian Express, 19 November 2010
Aware of India’s “genuine national security interest” in Afghanistan, the Obama Administration has said it has invited both New Delhi and Islamabad to be engaged and support the transition process in the war-torn nation; where US intends to transfer the security to Afghan forces by 2014. More…
India invited to be engaged in transition in Afghan: US
Indian Express, 19 November 2010
Aware of India’s “genuine national security interest” in Afghanistan, the Obama Administration has said it has invited both New Delhi and Islamabad to be engaged and support the transition process in the war-torn nation; where US intends to transfer the security to Afghan forces by 2014. More…
India, Russia discuss trade, firm up Medvedev visit agenda
Sify, 18 November 2010
Ahead of Russian President Dmitry Medvedev’s visit to India next month, India and Russia Thursday held wide-ranging talks aimed at expanding bilateral trade and firming up pacts that are expected to be signed during the presidential trip. More…
India needs to build UN reform coalition
DNA, 18 November 2010
US president Barack Obama announced to the world that his country will back India for a permanent seat in a reformed UN Security Council (UNSC). More…
India, China hold 4th round of strategic dialogue
Press Trust of India, 16 November 2010
India and China on Tuesday held their fourth round of strategic dialogue to discuss a host of issues such as New Delhi’s concerns relating to issuance of stapled visas by Beijing for Kashmiris and its bid for a permanent seat on the UN Security Council. More…
India must share growth model with CEOs at Davos: WEF chief
The Economic Times, 16 November 2010
The World Economic Forum is keen to have Indian political and corporate leaders share their experience in taking growth benefits to the poor with other global CEOs and policymakers at the international non-profit body’s annual summit in Davos, Switzerland , in January, 2011. More…
Oct Exports Up 21%, FY11 Exports Seen At $200Bn
Businessworld, 15 November 2010
India’s exports in October rose an annual 21.3 per cent to $18 billion, while imports for the month grew 6.8 per cent on the year to $27.7 billion, Trade Secretary Rahul Khullar said on Monday. More…
Indians’ households savings to touch $5 trillion by 2020
Business Standard, 14 November 2010
India may takeover the US in terms of households savings by 2020, touching the $5 trillion mark, as the growing economy would boost incomes of people, a study has said.
“The household savings rate of 33.4 per cent would translate into incremental savings of $5 trillion over the next decade with growing incomes of Indian households,” Assocham President Swati A Piramal said in a statement.
Currently, the size of Indian household savings is over $330 billion, according to a study jointly done by Assocham and PricehWaterhouse Coopers. More…
‘US will always stay open’
The Economic Times, 09 November 2010
A top US official emphasised his government’s intent to strengthen ties with India to bolster bilateral trade and commerce, and said US companies could contribute in developing India’s Infrastructure. More…
US trade deals recast India as job growth engine
The Associated Press, 08 November 2010
Indian and U.S. companies have discussed or signed over $14.9 billion in deals around President Barack Obama’s trip that will support 53,670 U.S. jobs, the White House said. More…
Trade curbs being exaggerated, their impact minimal: Experts
The Economic Times, 01 November 2010
India has been the most frequent user of import restricting measures such as anti-dumping duties and safeguards in the recent past, but local officials and experts say the criticism it receives is disproportionate to the impact of its policies. More…