Assocham sees cheerful growth for foreign liquor
July 4th, 2012 - 5:14 pm ICT by IANS
Mumbai, July 4 (IANS) Spelling cheers for the liquor industry, a top industry group said Wednesday the sales of imported spirits, including the duty-free segment, are expected to exceed five ... Read more...
Posted in Business |
India asks Kenya to cut duties on textile imports
March 20th, 2012 - 9:24 pm ICT by IANS
New Delhi, March 20 (IANS) India Tuesday asked Kenya to reduce duties on imports of textiles, especially man-made fibres, from this country.During a meeting with his Kenyan counterpart Chirauli Mwakwere ... Read more...
Posted in Business |
Chinese love Swiss watches
February 5th, 2012 - 6:04 pm ICT by IANS
Beijing, Feb 5 (IANS) People in China appear to have developed a special craving for Swiss watches, to go by their record sales.Hong Kong, the No. 1 market for Swiss ... Read more...
Posted in Business |
ASEAN markets more accessible to Indian companies: FICCI
September 25th, 2011 - 1:05 pm ICT by IANS
New Delhi, Sep 25 (IANS) Free trade agreement (FTA) with Association of Southeast Asian Nations (ASEAN) has increased market access for Indian companies, a survey by the Federation of Indian ... Read more...
Posted in Business |
Johnny Walker make way, bourbon will be here soon
March 24th, 2011 - 12:42 pm ICT by IANS
Panaji, March 24 (IANS) American whiskeys are set to flood the Indian liquor market after nearly two years of sustained efforts to make Bourbon and Tennessee popular in this country, ... Read more...
Posted in Business |
‘China trade surplus to decrease further’
March 8th, 2011 - 5:56 pm ICT by ANI
Beijing, Mar.8 (ANI): China's Minister of Commerce Chen Deming has said that the country's trade surplus will decrease further and may even go into deficit for a few months.Chen said that the ... Read more...
Posted in World |
‘Don’t tag India with China in emission targets’
July 21st, 2010 - 12:10 am ICT by IANS
Chennai, July 20 (IANS) India should ensure it is not clubbed with China in carbon emission mitigation efforts as this will be costly for the country, a leading economist Tuesday warned.
Also, ... Read more...
Posted in Environment |
China-Taiwan set to sign landmark trade deal
June 25th, 2010 - 2:47 pm ICT by ANI
New Delhi, Jun 25 (ANI): To provide a major boost of about 100 billion dollars annually in two-way trade, China and Taiwan will sign a landmark trade deal next Tuesday, cutting import ... Read more...
Posted in World |
Enhanced trade with India would have ’salutary’ effect on Pak inflation rate: Sabharwal
June 10th, 2010 - 2:04 pm ICT by ANI
Karachi, Jun.10 (ANI): Highlighting the importance of enhancing trade and commerce between the two neighbouring countries, India's High Commissioner to Pakistan Sharat Sabharwal has said that opening trade with India would have ... Read more...
Posted in South Asia |
Cherish India’s growth, I’ll tackle inflation: Mukherjee
March 12th, 2010 - 8:09 pm ICT by IANS
New Delhi, March 12 (IANS) Finance Minister Pranab Mukherjee Friday assured every step to tame inflation, which he feels may be higher than 8.5 percent by end-March, and said a 7.2-percent ... Read more...
Posted in Business |
Left-ruled Kerala calls it ‘budget for the corporates’
February 26th, 2010 - 7:48 pm ICT by IANS
Thiruvananthapuram, Feb 26 (IANS) The Kerala government Friday termed the union budget 2010-11 as "one for the corporates" and said it has nothing for the state to tide over the impact ... Read more...
Posted in Politics |
Concern over US protectionism in Asia
January 17th, 2010 - 11:44 am ICT by IANS
By Bill Smith and Peter Janssen
Bangkok/Beijing, Jan 17 (DPA) US President Barack Obama and Secretary of State Hillary Clinton made much last year of the new administration's return to Asia and ... Read more...
Posted in Business |
India-ASEAN pact detrimental to farmers, claims Achuthanandan (Lead, Changing dateline)
August 13th, 2009 - 8:14 pm ICT by IANS
Thiruvananthapuram, Aug 13 (IANS) India's signing of an economic pact with the ASEAN nations has evoked strong criticism from Kerala Chief Minister V.S. Achuthanandan, who said Thursday that the pact was ... Read more...
Posted in Business |
India, South Korea sign trade pact
August 8th, 2009 - 7:42 am ICT by IANS
Seoul, Aug 8 (IANS) India and South Korea have signed an agreement here to boost bilateral trade, WAM news agency reported.
The representatives from both the countries Friday signed the Comprehensive Economic ... Read more...
Posted in Business |
India-ASEAN trade pact inevitable, says Chandy
August 5th, 2009 - 6:44 pm ICT by IANS
Thiruvananthapuram, Aug 5 (IANS) Kerala's Leader of Opposition and former chief minister Oommen Chandy Wednesday defended the proposed trade pact between India and ASEAN nations, saying the positive sides of the ... Read more...
Posted in Business |
Kerala opposes India-ASEAN trade pact
July 25th, 2009 - 6:58 pm ICT by IANS
Thiruvananthapuram, July 25 (IANS) Kerala will request the central government not to go ahead with the proposed free trade agreement (FTA) with Southeast Asian countries as it would adversely affect agriculture in ... Read more...
Posted in Business |
Indian firm’s court action to be opposed in South Africa
June 30th, 2009 - 6:53 pm ICT by IANS
By Fakir Hassen
Johannesburg, June 30 (IANS) The South African Treasury has indicated that it will oppose a court application by Indian pharmaceutical company Aurobindo, which is disputing the awarding of a $400 ... Read more...
Posted in Business |
Mexico publishes list of US imports subject to punitive tariffs
March 19th, 2009 - 1:35 am ICT by IANS
Mexico City, March 18 (EFE) Mexico Wednesday released a list of nearly 90 US products that will face import tariffs of up to 20 percent in reprisal for US Congress' cancellation ... Read more...
Posted in Business |
Builder Strabag halts $700 mn expansion in Russia
September 29th, 2008 - 10:25 pm ICT by IANS
Vienna, Sep 29 (DPA) Austrian-based construction group Strabag SE announced Monday it has put on hold a planned joint venture with a Russian cement group in order to stay flexible in the ... Read more...
Posted in Business |
China allocates $9 bn for quake relief
August 18th, 2008 - 10:23 pm ICT by IANS
Beijing, Aug 18 (Xinhua) China has allocated 66.75 billion yuan ($9.71 billion) for May 12 quake relief and reconstruction, the finance ministry said Monday.This included 59.74 billion yuan from the central budget ... Read more...
Posted in Uncategorized |
‘South Africa would have been loser if Doha talks succeeded’
August 5th, 2008 - 1:48 pm ICT by IANS
By Fakir Hassen
Johannesburg, Aug 5 (IANS) South Africa should be heaving a sigh of relief that the Doha Round of global trade talks in Geneva last week were stalled after India and ... Read more...
Posted in Business |
CPI-M tells government not to capitulate at WTO talks
July 28th, 2008 - 8:22 pm ICT by IANS
New Delhi, July 28 (IANS) The Communist Party of India-Marxist Monday said the Manmohan Singh government should not "compromise" India's stand at the World Trade Organization (WTO) talks in Geneva and "capitulate ... Read more...
Posted in Politics |
EU commits to slashing farm tariffs at WTO talks
July 21st, 2008 - 11:44 pm ICT by IANS
DPA
Geneva, July 21 (DPA) The European Union (EU) is prepared to slash tariffs on agricultural imports by more than half, EU Trade Commissioner Peter Mandelson said Monday on the first day of ... Read more...
Posted in World |
India-European Union Troika meet begins in New Delhi
May 30th, 2008 - 7:39 pm ICT by admin
New Delhi , May 30 (ANI): Nineteenth India-European Union Troika meeting aiming strengthening trade ties between member countries began in New Delhi on Friday.Dimitrij Rupel, Minister of Foreign Affairs of the ... Read more...
Posted in National |
‘World in grip of food crisis’
April 7th, 2008 - 12:24 pm ICT by admin
Sharjah, April 7 (IANS) Amid a continued global shortage of food supply because of severe droughts in several countries and with grain being diverted to biofuel production, the world is in the ... Read more...
Posted in World |
Reduce import tariffs to 30 percent: Italian designer Missoni
March 29th, 2008 - 7:47 pm ICT by admin
New Delhi, March 29 (IANS) India should reduce its import tariffs on luxury goods to 30 percent and also permit multi-branded retailing to widen the base of these products in the country, ... Read more...
Posted in Business |