China’s auto exports hit record high in 2011
February 8th, 2012 - 6:48 pm ICT by IANS
Beijing, Feb 8 (IANS) China's auto exports hit 849,000 units last year, the highest level seen since the onset of the global financial crisis, data showed Wednesday.Statistics from the automobile ... Read more...
Posted in Business |
Economic growth may slump to 6.9 percent this fiscal (Roundup)
February 7th, 2012 - 7:50 pm ICT by IANS
New Delhi, Feb 7 (IANS) India's economic growth is expected to fall to a three-year low of 6.9 percent in the current financial year, substantially down from the budgetary ... Read more...
Posted in Business |
Krishna to open new Indian embassy complex in Beijing
February 6th, 2012 - 8:28 pm ICT by IANS
New Delhi, Feb 6 (IANS) Seeking to scale up India-China ties despite differences over some issues, External Affairs Minister S.M. Krishna heads to Beijing Tuesday on a three-day visit ... Read more...
Posted in Uncategorized |
India-EU trade deal talks ‘critically poised’
February 6th, 2012 - 7:57 pm ICT by IANS
New Delhi, Feb 6 (IANS) Describing the 27-nation European Union as "a key strategic partner," India Monday indicated that negotiations for a crucial free trade area agreement are "critically ... Read more...
Posted in Uncategorized |
Iran, trade deal high on India-EU summit agenda
February 5th, 2012 - 4:21 pm ICT by IANS
New Delhi, Feb 5 (IANS) With the European Union (EU) imposing fresh sanctions on Iran, the country's oil supply issue will loom large when India hosts its summit with ... Read more...
Posted in Uncategorized |
India should scale up green technologies: UNIDO chief (Interview)
February 5th, 2012 - 12:40 pm ICT by IANS
New Delhi, Feb 5 (IANS) India should now have an aggressive clean energy solution policy, scaling up development of green technologies for its energy security and export these to ... Read more...
Posted in Uncategorized |
Ahead of BRICS summit, Krishna to visit China
February 3rd, 2012 - 7:18 pm ICT by IANS
New Delhi, Feb 3 (IANS) Amid renewed efforts by India and China to smooth out rough edges in their ties, External Affairs Minister S.M. Krishna next week goes to ... Read more...
Posted in Uncategorized |
Venezuela completes repatriation of gold
February 1st, 2012 - 12:57 pm ICT by IANS
Caracas, Feb 1 (IANS/EFE) The Venezuelan government received the last 14 tonnes of gold of a total of 160 tonnes that were deposited in banks in other countries, and which ... Read more...
Posted in Business |
BRICS summit to focus on fixing global recession: India
January 31st, 2012 - 8:58 pm ICT by IANS
New Delhi, Jan 31 (IANS) Ahead of the fourth BRICS summit of the five emerging powers, India Tuesday said the reform of the global governance institutions and ways to fix ... Read more...
Posted in Uncategorized |
China’s quarterly GDP growth to drop below 9 percent
January 16th, 2012 - 5:52 pm ICT by IANS
Beijing, Jan 16 (IANS) China's economic growth may drop below 9 percent for the first time in 10 quarters, sapped by declining exports and fixed-asset investment, analysts predicted.The gross domestic ... Read more...
Posted in Business |
China’s quarterly GDP growth expected to drop below 9 percent
January 16th, 2012 - 3:37 pm ICT by IANS
Beijing, Jan 16 (IANS) China's economic growth may drop below 9 percent for the first time in 10 quarters, sapped by declining exports and fixed-asset investment, analysts predicted.The gross domestic ... Read more...
Posted in Business |
India, China to begin boundary talks Monday
January 15th, 2012 - 7:03 pm ICT by IANS
New Delhi, Jan 15 (IANS) China's influential state councillor Dai Bingguo Sunday touched down here for two-day talks on the festering boundary issue and is expected to seal a landmark ... Read more...
Posted in Uncategorized |
India, Israel sign extradition pact, to forge anti-terror strategy (Lead)
January 10th, 2012 - 11:13 pm ICT by IANS
Jerusalem, Jan 10 (IANS) Outlining a blueprint for expanding bilateral ties in the future, India and Israel Tuesday signed an extradition treaty and resolved to flesh out a joint ... Read more...
Posted in Uncategorized |
Asia to face difficult year: IMF
January 6th, 2012 - 1:51 pm ICT by IANS
Washington, Jan 6 (IANS) Events unfolding far from Asia's shores could shape the region's economic outlook for 2012, but Asian policymakers still have the room to respond aggressively to a ... Read more...
Posted in Business |
Putin says Russia in stability, wishes all success in 2012
December 31st, 2011 - 10:08 pm ICT by IANS
Moscow, Dec 31 (IANS) Russian Prime Minister Vladimir Putin Saturday said that Russia "is an island of stability" amid the global financial turmoil and wished all a successful new year."Indeed, ... Read more...
Posted in Politics |
Indonesia’s tourism sector to focus on emerging markets
December 29th, 2011 - 5:31 pm ICT by IANS
Jakarta, Dec 29 (IANS) Indonesia's tourism sector will focus on emerging markets in 2012 as they are relatively resistant to global financial crisis, a minister said here Thursday."In 2012, we ... Read more...
Posted in Business |
Pakistan, China ink currency swap deal
December 24th, 2011 - 11:47 am ICT by IANS
Beijing, Dec 24 (IANS) China's central bank said Saturday that it has signed a 10-billion-yuan ($1.6 billion) currency swap deal with the State Bank of Pakistan.The agreement will last for ... Read more...
Posted in South Asia |
India gears up to host BRICS summit in March
December 23rd, 2011 - 5:43 pm ICT by IANS
New Delhi, Dec 23 (IANS) India has kicked off preparations to host leaders of the five-nation BRICS (Brazil, Russia, India, China and South Africa) grouping in March with a ... Read more...
Posted in Uncategorized |
Japaness PM in India next week, n-deal on agenda
December 22nd, 2011 - 6:32 pm ICT by IANS
New Delhi, Dec 22 (IANS) India and Japan will seek to push their stalled nuclear talks and focus on expanding economic ties when Japanese Prime Minister Yoshihiko Noda touches ... Read more...
Posted in Business |
India’s lost $128 bn in illicit capital outflow in a decade
December 15th, 2011 - 7:51 pm ICT by IANS
Washington, Dec 15 (IANS) A staggering $128 billion in capital illegally flowed out of India in the last decade, making the country the 15th largest victim of illicit financial ... Read more...
Posted in World |
Central bank warns stagnation of Austrian economy
December 10th, 2011 - 1:41 pm ICT by IANS
Vienna, Dec 10 (IANS) Global financial crisis would cause stagnation of Austrian economy, said the country's central bank Austrian National bank (OeNB) Friday.According to OeNB, Austrian economic growth rate in ... Read more...
Posted in Business |
South Korean automakers’ exports to slow down in 2012
December 8th, 2011 - 2:01 pm ICT by IANS
Seoul, Dec 8 (IANS) Output and exports of automobiles manufactured by South Korean automakers are expected to grow at a slower pace in 2012 than this year due to global ... Read more...
Posted in Business |
Global carbon emissions up 50 percent
December 5th, 2011 - 2:24 pm ICT by IANS
London, Dec 5 (IANS) Global carbon dioxide emissions from burning fossil fuels have gone up by 49 percent over the last two decades to reach a staggering 10 billion tonnes ... Read more...
Posted in World |
Pranab lowers 2011-12 growth projection to 7.5 percent
December 2nd, 2011 - 2:32 pm ICT by IANS
New Delhi, Dec 2 (IANS) After a slump in growth in the first two quarters of the current financial year, Finance Minister Pranab Mukherjee Friday lowered the economic growth ... Read more...
Posted in Business |
Sarkozy calls for Schengen reform in Europe
December 2nd, 2011 - 1:27 pm ICT by IANS
Paris, Dec 2 (IANS) French President Nicolas Sarkozy said Thursday that the passport-free Schengen agreement should be re-thought and re-founded.Sarkozy made the remarks while delivering a speech on Europe and ... Read more...
Posted in World |
Brazil cuts taxes to spur growth
December 2nd, 2011 - 11:10 am ICT by IANS
Brasilia, Dec 2 (IANS/EFE) Brazil's finance minister announced Thursday a series of tax cuts aimed at ensuring economic growth of 5 percent in 2012 and shielding the country from the ... Read more...
Posted in Business |
India tops again in remittances from diaspora (Lead)
December 1st, 2011 - 8:48 pm ICT by IANS
New Delhi, Dec 1 (IANS) India is estimated to have got $58 billion in remittances - the highest for any country - from its diaspora in 2011, followed closely by ... Read more...
Posted in Uncategorized |
India tops again, gets $58 bn remittance in 2011
December 1st, 2011 - 4:23 pm ICT by IANS
New Delhi, Dec 1 (IANS) Maintaining its leading position, India is estimated to get $58 billion remittance from its diaspora in 2011, followed closely by China at $57 billion, ... Read more...
Posted in Business |
India undeterred by global donors’ pullout for AIDS control (Dec 1 is World AIDS Day)
November 30th, 2011 - 6:53 pm ICT by IANS
New Delhi, Nov 30 (IANS) The battle against the deadly HIV-AIDS will not weaken even as some of the major global funding bodies aim to pull out of India's fourth ... Read more...
Posted in Uncategorized |
Infrastructure players await policy reforms to spur growth
November 23rd, 2011 - 11:23 pm ICT by IANS
Bangalore, Nov 23 (IANS) The construction equipment industry and the manufacturing sector, which build India's infrastructure, is looking up to the government for policy reforms to spur growth and boost ... Read more...
Posted in Business |
China facilitates debt-for-equity swaps for firms
November 23rd, 2011 - 5:28 pm ICT by IANS
Beijing, Nov 23 (IANS) China's industry and commerce watchdog Wednesday set rules to help fund-strapped firms restructure debts and improve cash flow through debt-for-equity swaps.The move is the government's latest ... Read more...
Posted in Business |
US to stress test 31 banks against severe recession
November 23rd, 2011 - 1:44 pm ICT by IANS
Washington, Nov 23 (IANS) The US Federal Reserve has announced that it would carry out a new round of stress tests next year on the nation's 31 largest financial institutions ... Read more...
Posted in Business |
‘Ore, exploration can take India-China trade to $100 bn’
November 17th, 2011 - 5:09 pm ICT by IANS
Miramar (Goa), Nov 17 (IANS) Creating a favourable macro-environment in the area of iron ore trade and co-operation in the field of mining exploration can help achieve the ambitious India-China ... Read more...
Posted in Business |
World’s major economies should work together : Hu (Second Lead)
November 4th, 2011 - 7:53 am ICT by IANS
Cannes, Nov 4 (IANS) Chinese President Hu Jintao Thursday urged the world's major economies to work together to promote growth and financial stability."It is imperative that we stand on a ... Read more...
Posted in World |
World’s major economies should work together : Hu (Lead)
November 4th, 2011 - 7:39 am ICT by IANS
Cannes, Nov 4 (IANS) Chinese President Hu Jintao Thursday urged the world's major economies to work together to promote growth and financial stability."It is imperative that we stand on a ... Read more...
Posted in World |
