September 2010

FTA will boost bilateral trade: Oz envoy

PTI, 30 September 2010
Australian Trade Commissioner to India Aminur Rahman today said if the Free Trade pact is signed between Australia and India, it will result in around Australian dollar 35 billion being added to the two countries’ economies. More…

Japan targets India for increased trade

Deccan Herald, 28 September 2010
Japan seems to be written all over India’s official calendars. The commerce minister was in Tokyo in early September after agreeing ‘in principle’ to an Economic Partnership Agreement (EPA) with Japan. Prime Minister Manmohan Singh will be in Tokyo in October to sign that deal once the Cabinet clears it. More…

Doubling Trade with Germany Possible by 2014: CII Report

CII, 27 September 2010
A target of doubling India-Germany trade to $30 billion can be envisaged by 2014, according to a report released by Confederation of Indian Industry (CII). More…

US keen to increase SME biz with India

MoneyControl, 27 September 2010
In answer to India’s vehement protests against recent US trade policies, the US says protectionist voices are part of any democracy. More…

India could lead global job growth, says UN trade arm

Indian Express, 15 September 2010
Although the withdrawal of government stimuli around the world will likely cause a further slump in worldwide employment, the United Nations’ arm on trade and development believes India’s long-term projections could put it in a place to dictate growth and employment around the world. More…

India trade min: inflation to ease on new base year

Reuters, 14 September 2010
India’s headline inflation will slow down with the introduction of a new base year for the series, Trade Minister Anand Sharma said on Tuesday. More…

Freer trade may hurt access to India generic drugs

Reuters, 14 September 2010
Freer trade could harm India’s generic drug business, which supplies the bulk of the AIDS medicines sent to developing countries, a study backed by the drug-purchasing body UNITAID said on Tuesday. More…

Subbarao to Review Rate Policy, Inflation Likely Slowed

Bloomberg, 13 September 2010
Reserve Bank of India Governor Duvvuri Subbarao will review interest rates this week after a government report on Sept. 10 showed factory output growth exceeded forecasts in July. More…

India says US protectionism is regressive

AFP, 12 September 2010
India’s trade minister lashed out at perceived protectionist moves by the US on Saturday, calling them “regressive” and saying they could delay economic recovery. More…

Rising Chinese wages: impact on India

Livemint.com, 12 September 2010
Rising wages in China have been seized upon as the next big game-changer for the global economy. More…

India, Bangladesh Silently Embark On Strategic Partnership

Eurasia Review, 11 September 2010
It seems that New Delhi has finally come out of its diplomatic cocoon, at least as far as its immediate eastern neighbour is concerned. More…

Japan, India to sign free trade agreement

The Associated Press, 09 September 2010
Japan said Thursday it plans to sign a free trade pact with India that will scrap tariffs on 94 percent of traded goods over 10 years. More…

India, Poland agree to enhance bilateral trade, investments

NetIndian News Network, 07 September 2010
India and Poland today agreed to endeavour to enhance trade and investments in both directions with the target of doubling the value of bilateral trade by 2014. More…

India, China can achieve trade aspirations simultaneously: Prez

Press Trust of India, 09 September 2010
President Pratibha Patil today said there was enough scope for both India and China to achieve their economic and trade aspirations simultaneously, especially among ASEAN countries. More…

India PM says China wants foothold in South Asia

Reuters, 07 September 2010
India must be prepared for a newly-assertive China that wants a foothold in South Asia, Prime Minister Manmohan Singh said, in a rare open criticism of the Asia giant competing for regional resources and geopolitical clout. More…

India, Malaysia partnering towards success

The Economic Times, 07 September 2010
Over the past decade, trade relations between India and Malaysia have steadily increased. In 1998, the total trade between the two countries stood at $2.2 billion and reached its peak in the year 2008, with trade between the two countries touching $10.5 billion. More…

India trade deficit swells to most in 22 months

The Economic Times, 01 September 2010
India’s trade deficit swelled in July to its biggest level in almost two years, putting further pressure on the current account and on the need for India to attract capital inflows to avoid pressure on its currency. More…

Exports surge by 13.2 per cent in June

The Financial Express, 01 September 2010
India’s exports rose for the ninth straight month in July, growing an annual 13.2 per cent to $16.24 billion, government data on Wednesday showed. More…

Govt gets GDP calculation wrong: Mospi

The Financial Express, 01 September 2010
Facing embarrassment after throwing forward sharply different economic growth figures based on two different methodologies, the government will soon set the record straight on the pace of economic expansion. More…

Sector-specific task forces to raise India-South Africa trade

The Indian Express, 01 September 2010
India is seeking to put bilateral trade linkages with South Africa on the fast track with the formation of sector-specific groups comprising CEOs from both nations. More…