commerce ministry

`Island row will damage Japan’s trade ties with China’


September 19th, 2012 - 1:28 pm ICT by IANS
Beijing, Sep 19 (IANS) Japan's "purchase" of the disputed Diaoyu Islands will certainly affect and damage the development of economic and trade relations with China, the commerce ministry said Wednesday."It ... Read more...

Posted in Politics |

Aviation stocks rally on CCEA meet clearing FDI in airlines


September 14th, 2012 - 4:33 pm ICT by IANS
New Delhi, Sep 14 (IANS) Aviation stocks rallied Friday as the cabinet committee on economic affairs (CCEA) is set to take up a proposal to allowing foreign airlines ... Read more...

Posted in Uncategorized |

August exports decline by 9.7 percent


September 13th, 2012 - 9:54 pm ICT by IANS
New Delhi, Sep 13 (IANS) The government Thursday said India's exports during August 2012 declined by 9.7 percent and stood at $22.3 billion from $24.7 billion in the corresponding month ... Read more...

Posted in Business |

Trade volume among BRICS nations up six-fold


September 12th, 2012 - 6:37 pm ICT by IANS
Beijing, Sep 12 (IANS) The annual trade volume among five BRICS countries reached $300 billion in 2011, about six-fold increase over the past decade, a Chinese minister said.The BRICS nations ... Read more...

Posted in Uncategorized |

India’s exports slump 14.8 percent in July


September 3rd, 2012 - 3:05 pm ICT by IANS
New Delhi, Sep 3 (IANS) India's exports slumped 14.8 percent to $22.44 billion in July as compared to $26.34 billion recorded during the corresponding month in 2011 due to lower ... Read more...

Posted in Business |

China to adjust anti-dumping duties on Indian antibiotics


August 16th, 2012 - 7:02 pm ICT by IANS
Beijing, Aug 16 (IANS) China has announced it will adjust its anti-dumping duties on sulfamethoxazole (SMZ), an antibiotic imported from India, from Friday onwards.The decision was taken following a one-year ... Read more...

Posted in Health |

China’s FDI inflow falls for second month (Lead)


August 16th, 2012 - 3:33 pm ICT by IANS
Beijing, Aug 16 (IANS) Foreign Direct Investment (FDI) in China fell for the second consecutive month in July as global economic woes continued to weigh heavily.The FDI Beijing drew last ... Read more...

Posted in Business |

China, North Korea to develop economic zones


August 14th, 2012 - 10:52 pm ICT by IANS
Beijing, Aug 14 (IANS) China will develop two economic zones in North Korea, China's commerce ministry announced Tuesday.Both sides met here Tuesday to discuss the setting up of Rason Economic ... Read more...

Posted in Uncategorized |

India, Israel to hold FTA talks Aug 14-16


August 13th, 2012 - 8:37 pm ICT by IANS
New Delhi, Aug 13 (IANS) In an important step that will scale up their economic ties, India and Israel will hold the fifth round of negotiations over a free trade ... Read more...

Posted in Business |

58 percent rise in China’s alcohol imports


August 10th, 2012 - 9:31 am ICT by IANS
Beijing, Aug 10 (IANS) China's alcohol imports has risen 58.1 percent from a year earlier to $2.4 billion last year, according to the country's commerce ministry.In 2011, the country imported ... Read more...

Posted in Business |

Revised SEZ policy in 3-4 weeks: Commerce secretary


July 26th, 2012 - 6:50 pm ICT by IANS
Kolkata, July 26 (IANS) The government hopes to come out with new guidelines to revive Special Economic Zones (SEZs) in three to four weeks, Commerce Secretary S.R. Rao said Thursday."We ... Read more...

Posted in Business |

Japanese firm to re-enter Sri Lanka


July 25th, 2012 - 4:36 pm ICT by IANS
Colombo, July 25 (IANS) Japanese conglomerate and Fortune 500's Sumitomo Corporation is returning to post-war Sri Lanka, authorities said Wednesday.Sumitomo is considered as one the largest trading houses in Japan, ... Read more...

Posted in Business |

100 Indian firms take part in Sri Lanka trade fair


July 24th, 2012 - 3:12 pm ICT by IANS
Colombo, July 24 (IANS) Over a hundred Indian companies are expected in Sri Lanka next week for what has been billed as the largest trade fair ever between the two ... Read more...

Posted in Business |

Myanmar’s foreign trade hits nearly $5 bn


July 24th, 2012 - 2:22 pm ICT by IANS
Yangon, July 24 (IANS) Myanmar's foreign trade hit nearly $5 billion in the first three months (April-June) of the fiscal year 2012-13, a media report said Tuesday. Of the foreign ... Read more...

Posted in South Asia |

BRICS nations working to facilitate intra-grouping trade


July 19th, 2012 - 8:50 pm ICT by IANS
New Delhi, July 19 (IANS) BRICS countries are currently moving ahead in areas in which the five member-countries can easily cooperate such as trade facilitation, said an Indian government official."We ... Read more...

Posted in Business |

China’s FDI drops (Lead)


July 17th, 2012 - 3:14 pm ICT by IANS
Beijing, July 17 (IANS) China attracted $12 billion in foreign direct investment (FDI) in June, 6.9 percent lass than a year earlier, it was announced Tuesday. The figure took the ... Read more...

Posted in Business |

Organic basmati the new buzz among Jammu farmers


July 2nd, 2012 - 2:33 pm ICT by IANS
Jammu, July 2 (IANS) With an eye on growing national and international demand, Jammu's agriculture department has begun cultivating organic basmati rice in the region."The organic paddy is ... Read more...

Posted in Environment |

India may soon export rice to China (Lead)


June 21st, 2012 - 12:10 pm ICT by IANS
Rio de Janeiro, June 21 (IANS) India may soon be allowed to export rice to China. The assurance from Beijing came when Indian Prime Minister Manmohan Singh met here ... Read more...

Posted in Business |

‘India can soon export rice to China’


June 21st, 2012 - 11:31 am ICT by IANS
Rio de Janeiro, June 21 (IANS) India's rice exports to China have been virtually cleared. The assurance from Beijing came when Indian Prime Minister Manmohan Singh met with his ... Read more...

Posted in World |

India, Bangladesh start joint study to boost border trade


June 9th, 2012 - 5:45 pm ICT by IANS
Agartala, June 9 (IANS) Senior officials from India and Bangladesh Saturday started a five-day joint study to examine facilities and infrastructure along the border and suggest measures to boost ... Read more...

Posted in South Asia |

Benefits to e-commerce platforms beyond Delhi, Mumbai


June 8th, 2012 - 6:49 pm ICT by IANS
Kolkata, June 8 (IANS) To boost overseas trade, the government is mulling extending to other areas the benefits that e-commerce platforms in Delhi and Mumbai get for delivering products outside ... Read more...

Posted in Business |

Maharashtra welcomes lifting of ban on milk powder exports


June 2nd, 2012 - 6:02 pm ICT by IANS
Mumbai, June 2 (IANS) The Maharashtra government Saturday welcomed the central government's decision to withdraw the ban on export of skimmed milk powder as it would be in the ... Read more...

Posted in Business |

Mundra Port SEZ gets halt order on green clearance


May 9th, 2012 - 11:14 pm ICT by IANS
Ahmedabad, May 9 (IANS) The Gujarat High Court Wednesday ordered the promoters of Mundra Port Special Economic Zone and Alstom Bharat Forge Power Ltd to stop construction activity till green ... Read more...

Posted in Business |

Hike duty on imported apples: Himachal Pradesh


May 9th, 2012 - 10:44 pm ICT by IANS
New Delhi, May 9 (IANS) Himachal Pradesh Wednesday demanded a hike in the duty on imported apples to protect the domestic industry."There is a need for increasing customs duty on ... Read more...

Posted in Business |

Sri Lanka, South Korea eye increase in trade


April 23rd, 2012 - 1:39 pm ICT by IANS
Colombo, April 23 (IANS) Sri Lankan President Mahinda Rajapaksa left for South Korea Monday on a four-day official visit that will focus on increasing trade ties between the two countries.The ... Read more...

Posted in World |

China farm produce prices fall


April 11th, 2012 - 5:00 am ICT by IANS
Beijing, April 11 (IANS) The prices of China's farm produce fell for a third straight week on increased supplies, the commerce ministry said Tuesday.The wholesale price of 18 types of ... Read more...

Posted in Uncategorized |

Spice Board to set up 10 parks for Rs.167 crore


April 8th, 2012 - 7:17 pm ICT by IANS
New Delhi, April 8 (IANS) The Spice Board of India will set up 10 parks at different places across the country this year, investing Rs.167 crore, to benefit producers and ... Read more...

Posted in Business |

India-ASEAN trade to reach $80 bn: Official


March 23rd, 2012 - 6:02 pm ICT by IANS
Kolkata, March 23 (IANS) Giving more thrust to trade with the Association of Southeast Asian Nations (ASEAN), India is expecting to clock $75-80 billion trade with the ten-nation bloc at ... Read more...

Posted in Business |

Four more Border Haats to be set up along India-Bangladesh border


March 23rd, 2012 - 5:05 pm ICT by IANS
Agartala, March 23 (IANS) Dhaka and New Delhi have agreed to set up four more 'Border Haats' (bazars) along the India-Bangladesh border in Tripura, a minister said here Friday.A ... Read more...

Posted in Business |

Private airlines to have global traffic rights


March 14th, 2012 - 6:34 pm ICT by IANS
Hyderabad, March 14 (IANS) The government is considering giving traffic rights to private airlines on global routes to help them tide over their financial problems, Civil Aviation Minister Ajit ... Read more...

Posted in Business |

India rolls back cotton exports ban


March 12th, 2012 - 6:45 pm ICT by IANS
New Delhi, March 12 (IANS) Buckling under domestic and international pressure, the Indian government Monday lifted the ban on cotton exports barely a week after imposing it.The government, however, ... Read more...

Posted in World |

Amid sanctions, Indian business delegation heads to Iran


March 9th, 2012 - 10:30 pm ICT by IANS
New Delhi, March 9 (IANS) Amid US sanctions and accelerated efforts by the West to isolate Iran, a mammoth Indian trade delegation Friday left for Tehran to explore business opportunities ... Read more...

Posted in Business |

February exports up by 4.3 percent


March 9th, 2012 - 3:37 pm ICT by IANS
New Delhi, March 9 (IANS) The commerce ministry Friday reported a growth of 4.3 percent in the country's exports for February at $24.6 billion on a year-on-year basis, while imports ... Read more...

Posted in Business |

Bangladesh criticizes India’s ban on cotton export


March 8th, 2012 - 11:40 pm ICT by IANS
Dhaka, March 8 (IANS) Bangladesh's garment sector is likely to face difficulties following shortage of cotton as India, the region's largest producer of the item, has imposed a ban on ... Read more...

Posted in Uncategorized |

Ministers’ panel to review cotton export ban


March 7th, 2012 - 4:44 pm ICT by IANS
New Delhi, March 7 (IANS) Just two days after the commerce ministry banned cotton exports, citing low output and increased domestic demands, Prime Minister Manmohan Singh Wednesday ordered a ... Read more...

Posted in Business |

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