emerging economies

US eyes infrastructure spending in India, emerging economies


September 21st, 2012 - 11:34 am ICT by IANS
Washington, Sep 21 (IANS) With India and other emerging economies set to spends trillions of dollars to build infrastructure, US Secretary of State Hillary Clinton is hoping that they would ... Read more...

Posted in Business |

Fiat not to leave Italy amid sales plunge


September 19th, 2012 - 12:44 pm ICT by IANS
Turin, Sep 19 (IANS/AKI) Amid a Europe-wide decline in car sales, Italian automobile giant Fiat said it does not intend to leave Italy or close any of its Italian plants."The ... Read more...

Posted in Business |

Mexico says it does not expect food crisis


September 14th, 2012 - 1:17 pm ICT by IANS
Mexico City, Sep 14 (IANS/EFE) Mexico will not face a food crisis in the short term, but there are risks in the world environment of price rises, droughts and economic ... Read more...

Posted in Business |

Mexico’s president-elect vows to reduce poverty


September 12th, 2012 - 11:38 am ICT by IANS
Mexico City, Sep 12 (IANS/EFE) President-elect Enrique Pena Nieto said in an address to political and business leaders that he planned to focus on reducing the poverty that afflicts 52 ... Read more...

Posted in Politics |

Finland wants good business with India: Trade minister


September 6th, 2012 - 4:32 pm ICT by IANS
Helsinki, Sep 6 (IANS) Finland is determined to do business with India, especially in areas of clean energy technology, despite the problem of excessive bureaucratic procedures involved in pushing through ... Read more...

Posted in World |

Democrats to continue long-term strategic partnership with India


September 5th, 2012 - 11:15 am ICT by IANS
Washington, Sep 5 (IANS) Indicating the bipartisan support that US-India ties enjoy, Democrats have now vowed to "continue to invest in a long-term strategic partnership with India to support ... Read more...

Posted in South Asia |

‘China, India military exchanges back on track’


September 3rd, 2012 - 12:53 pm ICT by IANS
Beijing, Sep 3 (IANS) Chinese Defence Minister Liang Guanglie's India visit is "a sign that military exchanges between China and India are back on track", an expert told a Chinese ... Read more...

Posted in World |

`Brazil withstanding worst year of global crisis’


August 31st, 2012 - 12:21 pm ICT by IANS
Brasilia, Aug 31 (IANS/EFE) Brazil's finance minister said Thursday that Latin America's largest economy is holding up well amid the "worst year" of the global economic crisis and that its ... Read more...

Posted in Business |

Karnataka lags behind in attracting FDI: Assocham


August 28th, 2012 - 9:26 pm ICT by IANS
Bangalore, Aug 28 (IANS) Karnataka lagged behind Odisha, Andhra Pradesh, Gujarat and Chhattisgarh in attracting foreign direct investment (FDI) during fiscal 2011-12, accounting for mere eight percent of the total ... Read more...

Posted in Business |

21 world leaders visited India this year, more on way


August 26th, 2012 - 5:35 pm ICT by IANS
New Delhi, Aug 26 (IANS) India continued to be a favourite overseas destination for world leaders with as many as 21 heads of state or government visiting the country ... Read more...

Posted in South Asia |

‘Zimbabwe should emulate China, invest in new technology’


August 21st, 2012 - 1:58 pm ICT by IANS
Harare, Aug 21 (IANS) A Zimbabwean cabinet minister has urged the government to emulate emerging economies such as China by investing heavily in new technologies to accelerate development.Science and Technology ... Read more...

Posted in Business |

Brazil to see moderate growth in 2012


August 10th, 2012 - 1:41 pm ICT by IANS
Rio de Janeiro, Aug 10 (IANS) Brazil should be able to achieve moderate growth in 2012, while most of the OECD's 34 member economies will lose steam in the coming ... Read more...

Posted in Business |

South Korean economy shows weaker growth momentum


August 9th, 2012 - 1:44 pm ICT by IANS
Seoul, Aug 9 (IANS) The South Korean economy has seen a weakening growth momentum due to lacklustre exports and domestic demand, the central bank said Thursday."The domestic economy showed weaker ... Read more...

Posted in Business |

Need to shift from cash to electronic payment: Subbarao


August 3rd, 2012 - 7:35 pm ICT by IANS
Hyderabad, Aug 3 (IANS) Reserve Bank of India Governor D. Subbarao Friday stressed the need for transforming India into a less cash-handling society like other emerging economies through innovation in ... Read more...

Posted in Business |

RBI cuts SLR by 1 percent


July 31st, 2012 - 5:24 pm ICT by IANS
New Delhi, July 31 (IANS) The Reserve Bank of India (RBI) Tuesday announced a reduction in the statutory liquidity ratio (SLR) from 24 percent to 23 percent with effect from ... Read more...

Posted in Business |

India, Indonesia sign double tax avoidance pact, set $25 bn trade target (Lead)


July 27th, 2012 - 6:37 pm ICT by IANS
New Delhi, July 27 (IANS) India and Indonesia, two of the six co-founders of the Non-Aligned Movement and now among the world's emerging economies, Friday held talks to map ... Read more...

Posted in Business |

India, Indonesia upbeat on $25 bn trade by 2015


July 27th, 2012 - 6:06 pm ICT by IANS
New Delhi, July 27 (IANS) India and Indonesia, among the founders of the Non-Aligned Movement and two of the world's emerging economies, Friday held talks to map the ... Read more...

Posted in Business |

India, China partners in development: Chinese consul general


July 25th, 2012 - 10:59 pm ICT by IANS
Pune, July 25 (IANS) Asserting that India and China are not rivals, Chinese Consul General here Niu Qingbao Wednesday said both countries are rather partners in development of the region."China ... Read more...

Posted in World |

Asset quality of Indian banks to weaken: S&P;


July 25th, 2012 - 3:58 pm ICT by IANS
New Delhi, July 25 (IANS) The quality of assets and earnings of banks in the emerging economies, especially India, is likely to weaken over the next 12-24 months owing to ... Read more...

Posted in Business |

Canadian benchmark interest rate remains at one percent


July 18th, 2012 - 1:58 pm ICT by IANS
Ottawa, July 18 (IANS) A deteriorating global economy prompted Canada's central bank to leave its benchmark interest rate unchanged at one percent Tuesday.The deceleration in growth for China and other ... Read more...

Posted in Business |

OPEC expects increase in 2013 world crude oil demand


July 12th, 2012 - 1:22 pm ICT by IANS
Vienna, July 12 (IANS) The world crude oil demand would remain stable in 2013 and reach 89.50 million barrels per day, up by 0.9 percent from 2012, the Organization of ... Read more...

Posted in Business |

‘India, China must live as good neighbours’


July 5th, 2012 - 8:20 pm ICT by IANS
Shillong, July 5 (IANS) China was once an enemy of India but now relations between the two countries have changed and both are learning to live as good neighbours, ... Read more...

Posted in World |

Remove non-tariff barriers in pharma sector: India


July 3rd, 2012 - 9:14 pm ICT by IANS
New Delhi, July 3 (IANS) The government will raise at various international fora the issue of non-tariff barriers imposed by the US and European countries on the import of Indian ... Read more...

Posted in Business |

At Rio, India blames it on rich but content overall


June 22nd, 2012 - 6:42 am ICT by IANS
Rio de Janeiro, June 22 (IANS) It was a mixed bag for India on the penultimate day of the Earth Summit here Thursday where Prime Minister Manmohan Singh articulated ... Read more...

Posted in Environment |

HCC among 10 global companies for green initiative


June 20th, 2012 - 9:25 pm ICT by IANS
Mumbai, June 20 (IANS) Mumbai-based infrastructure major Hindustan Construction Company has got the rare distinction of being the only Indian company to feature in the Climate Report released by the ... Read more...

Posted in Environment |

G20 endorses India’s concern on infrastructure, austerity


June 20th, 2012 - 7:32 am ICT by IANS
Los Cabos (Mexico), June 20 (IANS) India's concern over lack of funding for infrastructure among emerging economies and austerity measures being adopted even by surplus countries were endorsed by ... Read more...

Posted in Business |

China increases financial support to IMF


June 19th, 2012 - 3:44 pm ICT by IANS
Beijing, June 19 (IANS) China will contribute $43 billion to the latest round of global resources worth $430 billion to the International Monetary Fund (IMF), the foreign ministry has said.This ... Read more...

Posted in World |

India pledges $10 bn to IMF for Eurozone


June 19th, 2012 - 8:03 am ICT by IANS
Los Cabos (Mexico), June 19 (IANS) India Monday pledged $10 billion to the International Monetary Fund (IMF) to help Eurozone countries out of the current crisis and prevent adverse fallout ... Read more...

Posted in Business |

Chinese, Mexican presidents discuss ties


June 18th, 2012 - 4:49 am ICT by IANS
Los Cabos (Mexico), June 18 (IANS) Chinese President Hu Jintao and his Mexican counterpart Felipe Calderon met here Sunday to discuss bilateral relations.Noting that it was the third time he ... Read more...

Posted in World |

India to focus on infrastructure-led growth at G20 (Roundup)


June 16th, 2012 - 8:47 pm ICT by IANS
New Delhi, June 16 (IANS) Prime Minister Manmohan Singh Saturday voiced concern over a deepening eurozone crisis adversely impacting India and stressed the need to focus on investment ... Read more...

Posted in Business |

Millionaire households grow in China


June 5th, 2012 - 3:23 pm ICT by IANS
Beijing, June 5 (IANS) Ranking third on the worldwide list of millionaire households, the number of millionaires in China grew to 1.4 million last year, up 15.6 percent year-on-year.China Daily ... Read more...

Posted in Life Style |

Indian’s ‘Smart Rickshaw’ mobile app wins innovation prize


May 18th, 2012 - 7:31 pm ICT by IANS
Washington, May 18 (IANS) India's Aadhar Bhalinge has won "m2Work", a World Bank-sponsored online challenge seeking the best ideas for spurring the job-creation potential of mobile phones. Bhalinge convinced the ... Read more...

Posted in Sci-Tech |

Denmark to boost exports to BRIC economies


May 10th, 2012 - 1:31 pm ICT by IANS
Copenhagen, May 10 (IANS) The Danish government aims to boost exports to emerging economies, including India, by 50 percent within the next five years, it said in a report here.The ... Read more...

Posted in Business |

UN chief lauds India’s role in Security Council


April 27th, 2012 - 10:40 pm ICT by IANS
New Delhi, April 27 (IANS) Backing the United Nations reforms process, Secretary General Ban Ki-moon Friday lauded India's leadership role as a non-permanent member of the Security Council and its ... Read more...

Posted in Uncategorized |

UN monitors should be from neutral countries, like BRICS: Syria


April 22nd, 2012 - 12:27 pm ICT by IANS
Damascus, April 22 (IANS) Syria has said it was ready to facilitate UN monitors, but stressed that a majority of them should be from "neutral countries" like BRICS, which also ... Read more...

Posted in World |

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