foreign investment

Trinamool ministers resign from UPA government


September 21st, 2012 - 5:56 pm ICT by IANS
New Delhi, Sep 21 (IANS) Six Trinamool Congress ministers resigned from the Manmohan Singh government Friday in line with party chief Mamata Banerjee's announcement three days ago that she was withdrawing ... Read more...

Posted in Politics |

Bengal Congress ministers to quit Mamata ministry


September 21st, 2012 - 3:01 pm ICT by IANS
Kolkata, Sep 21 (IANS) Shortly after the union ministers from the Trinamool Congress hand over their resignations to Prime Minister Manmohan Singh, the Congress ministers in the West Bengal government ... Read more...

Posted in Politics |

Mulayam says will support UPA to keep out communal forces


September 21st, 2012 - 2:09 pm ICT by IANS
New Delhi, Sep 21 (IANS) Samajwadi Party (SP) chief Mulayam Singh Yadav Friday came to the rescue of the ruling UPA coalition, which was reduced to a minority following the ... Read more...

Posted in Politics |

Congress asks states to raise cooking gas cap ahead of strike (Roundup)


September 19th, 2012 - 9:59 pm ICT by IANS
New Delhi, Sep 19 (IANS) Despite talking tough and ruling out of a rollback of its market-friendly reforms, the government Wednesday appeared softening its stand as a large part of the ... Read more...

Posted in Business |

Republicans declare India geopolitical ally


August 29th, 2012 - 11:34 am ICT by IANS
Washington, Aug 29 (IANS) As Mitt Romney officially clinched the Republican presidential nomination, the party declared India a "geopolitical ally and a strategic trading partner", much like the ... Read more...

Posted in South Asia |

India gets high praise in Republican platform


August 28th, 2012 - 12:23 pm ICT by IANS
Washington, Aug 28 (IANS) Seeking a stronger relationship with India, the Republican Party platform set to be adopted as the foreign policy plank of its presidential candidate Mitt Romney, ... Read more...

Posted in Politics |

Israel keen on helping Goa meet its dairy deficit


August 25th, 2012 - 12:05 am ICT by IANS
Panaji, Aug 24 (IANS) Israel is keen on partnering with dairy industry majors in Goa to increase milk production in the state, an official here said Friday.The state faces a ... Read more...

Posted in Business |

Scams will impact foreign investments: CII


August 24th, 2012 - 5:13 pm ICT by IANS
Chennai, Aug 24 (IANS) The various scams hogging media headlines will impact foreign investments in India, Confederation of Indian Industry (CII) president Adi Godrej said Friday.And for the sentiment to ... Read more...

Posted in Business |

Zambia hopes to treble trade with India


August 23rd, 2012 - 5:50 pm ICT by IANS
Kolkata, Aug 23 (IANS) Zambia's envoy to India Thursday hoped that bilateral trade will treble from the current $190 million and also sought Indian investment in her country."Zambia is Africa's ... Read more...

Posted in Business |

South Korea’s foreign debts grow to $418.6 bn


August 21st, 2012 - 2:02 pm ICT by IANS
Seoul, Aug 21 (IANS) South Korea's foreign debts grew to $418.6 billion in the second quarter of this year as lenders increased their short-term borrowing from overseas, the central bank ... Read more...

Posted in Business |

Indian electronic industry will need 2.8 mn professionals by 2020


August 18th, 2012 - 8:04 pm ICT by IANS
Kollam (Kerala), Aug 18 (IANS) The Indian electronic industry will require 2.8 million professionals at various levels by 2020, according to a top government official.J. Satyanarayana, secretary, department of electronics ... Read more...

Posted in Sci-Tech |

Decision needed on India’s global role: Tharoor


July 24th, 2012 - 12:10 am ICT by IANS
New Delhi, July 23 (IANS) The Indian government needs to decide on the role the country should play in the global multilateral environment, said former union minister Shashi Tharoor ... Read more...

Posted in South Asia |

Bill Clinton calls for support to Greek economy


July 23rd, 2012 - 9:57 am ICT by IANS
Athens, July 23 (IANS) Former US president Bill Clinton has called for support to the ailing Greek economy.Clinton, who is US Secretary of State Hillary Clinton' husband, gave a call ... Read more...

Posted in Politics |

Myanmar invites foreign firms to explore oil, gas


July 19th, 2012 - 12:38 pm ICT by IANS
Yangon, July 19 (IANS) Myanmar, which has vast reserves of oil and gas, is inviting foreign firms to explore them in 23 offshore blocks.US and European companies may accept the ... Read more...

Posted in South Asia |

India wants to cooperate with Cuba in energy, telecom


July 14th, 2012 - 3:30 pm ICT by IANS
Havana, July 14 (IANS) India has expressed interest in expanding cooperation with Cuba in the sectors of energy, telecommunications and tourism, a media report said here.Indian Minister of State for ... Read more...

Posted in Business |

Tokyo declaration on Afghanistan backs India’s concerns on terror


July 8th, 2012 - 11:34 pm ICT by IANS
Tokyo, July 8 (IANS) Backing India's concerns over terrorist safe havens in the AfPak region, the Tokyo conference of international donors on Afghanistan Sunday endorsed key recommendations of a regional ... Read more...

Posted in South Asia |

Islamabad to have export processing zone


July 7th, 2012 - 1:46 pm ICT by IANS
Islamabad, July 7 (IANS) An export processing zone will be established in Islamabad, said Deputy Prime Minister Chaudhry Pervaiz Elahi.Elahi said Friday that Islamabad Export Processing Zone would be established ... Read more...

Posted in South Asia |

Power, engineering sectors have potential: Pakistani PM


July 4th, 2012 - 12:38 pm ICT by IANS
Islamabad, July 4 (IANS) Pakistan offers numerous opportunities for foreign investors, especially in engineering, power, horticulture and manufacturing sectors, said Prime Minister Raja Pervez Ashraf.Chairing a meeting of Board of ... Read more...

Posted in Business |

Growth recovery essential for capital inflow: Rangarajan


June 29th, 2012 - 9:05 pm ICT by IANS
Kolkata, June 29 (IANS) C. Rangarajan, chairman of the Economic Advisory Council of the prime minister, Friday said foreign capital inflows would come in once global economic prospects improve and ... Read more...

Posted in Business |

‘Company executives should replace foreign soldiers in Afghanistan’


June 28th, 2012 - 4:41 pm ICT by IANS
New Delhi, June 27 (IANS) With NATO combat forces set to withdraw from Afghanistan by the end of 2014, India Thursday suggested that their place be taken by foreign investment ... Read more...

Posted in Uncategorized |

US-India trade group pushes for BIT


June 26th, 2012 - 10:33 am ICT by IANS
Washington, June 26 (IANS) A leading US-India trade group has launched a major effort to promote a high-standard US-India Bilateral Investment Treaty (BIT) calling it the 'next hill to climb' ... Read more...

Posted in Business |

India to host Afghanistan investment summit


June 25th, 2012 - 11:02 pm ICT by IANS
New Delhi, June 25 (IANS) India will Thursday host an investment summit focusing on Afghanistan, aiming to attract foreign investment into the war-ravaged nation, a statement said. The summit, organised ... Read more...

Posted in South Asia |

Russia open to foreign investment in energy


June 22nd, 2012 - 8:04 am ICT by IANS
Moscow, June 22 (IANS/RIA Novosti) Russia remains open to foreign investment in the energy sector, President Vladimir Putin has said."We will continue to pursue a policy of openness to foreign ... Read more...

Posted in Business |

Myanmar gas exploration contract inked


June 11th, 2012 - 1:10 pm ICT by IANS
Yangon, June 11 (IANS) A contract has been inked on exploring gas at an onshore block in Myanmar, official media reported.Under the production sharing contract, signed among state-run Myanmar Oil ... Read more...

Posted in Business |

Bangladeshi firm to set up agro-processing plants in Tripura


May 24th, 2012 - 6:58 pm ICT by IANS
Agartala, May 24 (IANS) The PRAN Group of Bangladesh will set up agro-processing plants in Tripura with an investment of $5 million, an official said here Thursday. The project is ... Read more...

Posted in South Asia |

FDI falls in Mexico


May 24th, 2012 - 12:12 pm ICT by IANS
Mexico City, May 24 (IANS/EFE) Mexico received $4.37 billion in foreign direct investment, or FDI, in the first quarter, down 8.7 percent from the same period in 2011, authorities said.FDI ... Read more...

Posted in Business |

Delhi Police files charge sheet against 11 IM suspects


May 23rd, 2012 - 12:13 am ICT by IANS
New Delhi, May 22 (IANS) The Delhi Police Tuesday filed a charge sheet against 11 suspected operatives of Indian Mujahideen terror group who were allegedly involved in trying to revive ... Read more...

Posted in Uncategorized |

Myanmar gets over $270 mn investment


May 16th, 2012 - 3:36 pm ICT by IANS
Yangon, May 16 (IANS) Myanmar drew over $270 million in the first three months of 2012, a media report said. Much of it went into the oil and natural gas ... Read more...

Posted in South Asia |

Vodafone plea denied as Mukherjee says ‘India no tax haven’


May 8th, 2012 - 7:48 pm ICT by IANS
N0ew Delhi, May 8 (IANS) Finance Minister Pranab Mukherjee Tuesday declined to roll-back a change in the Income Tax Act with retrospective effect to tax foreign firms for capital ... Read more...

Posted in Business |

Bangladesh on US strategic radar, says daily on Clinton trip


May 7th, 2012 - 4:37 pm ICT by IANS
Dhaka, May 7 (IANS) Secretary of State Hillary Clinton's visit to Dhaka has "formally brought Bangladesh on the strategic radar of the US", said a leading Bangladeshi daily Monday.An editorial ... Read more...

Posted in South Asia |

Russia needs more foreign investment: Putin


May 3rd, 2012 - 12:13 am ICT by IANS
Moscow, May 2 (IANS/RIA Novosti) Russia needs to bolster the positive trend of foreign direct investment growth in Russia, Prime Minister and President-elect Vladimir Putin said Wednesday."In 2011, over $52 ... Read more...

Posted in Business |

China’s foreign investment return on the rise


April 30th, 2012 - 1:38 pm ICT by IANS
Beijing, April 30 (IANS) China's foreign exchange regulator has said the country's return on foreign investment has surged by an annual rate of 32 percent since 2004 to hit $128 ... Read more...

Posted in Business |

Myanmar gas export revenue up


April 26th, 2012 - 12:52 pm ICT by IANS
Yangon, April 26 (IANS) Revenue from Myanmar's natural gas exports rose by $640 million to $3.5 billion in the fiscal year 2011-12.Natural gas from Yetagun and Yadana gas blocks mainly ... Read more...

Posted in South Asia |

China’s Q1 overseas investment surges


April 17th, 2012 - 2:45 pm ICT by IANS
Beijing, April 17 (IANS) China's non-financial overseas direct investment (ODI) surged 94.5 percent year on year to $16.55 billion in the first quarter of this year, the ministry of commerce ... Read more...

Posted in Business |

India not a tax haven: Pranab


April 1st, 2012 - 10:20 pm ICT by IANS
Kolkata, April 1 (IANS) Defending the proposed amendment of the Income Tax (IT) Act with retrospective effect, union Finance Minister Pranab Mukherjee Sunday said India cannot be a tax ... Read more...

Posted in Business |

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