ministry of commerce

India’s inflation soars to 7.55 percent in August (Lead)


September 14th, 2012 - 4:33 pm ICT by IANS
New Delhi, Sep 14 (IANS) Driven by a sharp increase in food prices, inflation rose to 7.55 percent in August from 6.87 percent in July, government data showed Friday.The more-than-expected ... Read more...

Posted in Business |

Indian trade promotion office opens in Cambodia


September 2nd, 2012 - 11:08 pm ICT by IANS
Phnom Penh, Sep 2 (IANS) The office of the Indian Chamber of Commerce was officially launched here Sunday to promote economic, trade and investment ties between India and Cambodia.The ... Read more...

Posted in Business |

China to spend $95 mn in pest control


August 21st, 2012 - 10:12 pm ICT by IANS
Beijing, Aug 21 (IANS) China will spend a whopping 600 million yuan (around $95 million) to protect agricultural fields from pests, Xinhua reported.The ministry of commerce said Tuesday that it ... Read more...

Posted in World |

Retail inflation eases to 9.86 percent in July


August 21st, 2012 - 5:01 pm ICT by IANS
New Delhi, Aug 21 (IANS) India's retail inflation declined marginally to 9.86 percent in July as compared to 9.93 percent in the previous month helped by easing in prices of ... Read more...

Posted in Business |

India to set up three more manufacturing zones, says minister


August 4th, 2012 - 7:09 pm ICT by IANS
Colombo, Aug 4 (IANS) India will set up three more investment and manufacturing zones this month, taking the total number of such zones in the country to 15, union Commerce ... Read more...

Posted in Business |

India, Sri Lanka to double trade to $10 bn by 2015


August 3rd, 2012 - 8:05 pm ICT by IANS
Colombo, Aug 3 (IANS) India and Sri Lanka have set a target to double bilateral trade to $10 billion by 2015, India's Commerce and Industry Minister Anand Sharma said Friday."We ... Read more...

Posted in Business |

India’s exports drop by 5.45 percent in June


August 1st, 2012 - 7:13 pm ICT by IANS
New Delhi, Aug 1 (IANS) India's exports declined by 5.45 percent to $25.07 billion in June, registering a sharp drop for the second month in row due to weak demands ... Read more...

Posted in Business |

India allows investments from Pakistan


August 1st, 2012 - 6:48 pm ICT by IANS
New Delhi, Aug 1 (IANS) In a major step towards normalising economic relations, India Wednesday announced changes in regulation to allow investment from Pakistani firms and individuals.The Department of Industrial ... 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 |

Employment News to be available as e-paper, SMS alerts


July 17th, 2012 - 8:02 pm ICT by IANS
New Delhi, July 17 (IANS) Soon, the government's platform on job vacancies and training programmes would see a makeover with the weekly Employment News published by the information and broadcasting ... Read more...

Posted in Entertainment |

Inflation eases to 7.25 percent; food prices remain high (Lead)


July 16th, 2012 - 8:01 pm ICT by IANS
New Delhi, July 16 (IANS) India's headline inflation fell to a five-month low of 7.25 percent in June as compared to 7.55 percent in the previous month, but general food ... Read more...

Posted in Business |

India’s exports fall in May


July 2nd, 2012 - 5:22 pm ICT by IANS
New Delhi, July 2 (IANS) India's exports dropped by 4.16 percent to $25.68 billion in May due to sluggish demand in European countries, government data showed Monday.Imports also declined by ... Read more...

Posted in Business |

Core industries post 3.8 percent growth in May


June 29th, 2012 - 9:00 pm ICT by IANS
New Delhi, June 29 (IANS) India's core industries that include electricity, coal, steel, cement, crude oil and natural gas, registered a sluggish 3.8 percent growth in May this year as ... Read more...

Posted in Business |

Import of sensitive items rises nearly 43 percent in 2011-12


June 20th, 2012 - 9:35 pm ICT by IANS
New Delhi, June 20 (IANS) Import of sensitive items such as fruits, vegetables, edible oil and milk surged 42.8 percent to Rs.100,911 crore in the financial year ended March 31, ... Read more...

Posted in Business |

Brief profile of UPA presidential candidate Pranab Mukherjee


June 15th, 2012 - 7:16 pm ICT by IANS
New Delhi, June 15 (IANS) Here is a brief profile of Pranab Mukherjee, the United Progressive Alliance's presidential candidate for the poll to be held July 19. Name: Pranab ... Read more...

Posted in Politics |

China blames Britain for damaging relations


June 14th, 2012 - 6:00 pm ICT by IANS
Beijing, June 14 (IANS) China has said it hopes Britain will take effective and practical steps to repair relations affected by British Prime Minister David Cameron's meeting with the ... Read more...

Posted in World |

UP to pilot national single window for investors


June 7th, 2012 - 9:34 pm ICT by IANS
Lucknow, June 7 (IANS) Uttar Pradesh Thursday agreed to be a pilot state in an eBiz (e-governance) project of the central government which aims at providing single-window clearance to prospective ... Read more...

Posted in Business |

Air India to import jet fuel directly


June 7th, 2012 - 9:02 pm ICT by IANS
New Delhi, June 7 (IANS) Air India wants to directly import jet fuel that would help the national carrier save around Rs.300 crore annually.To do this, the airline will seek ... Read more...

Posted in Uncategorized |

Core industries growth falls to 2.2 percent in April


May 31st, 2012 - 8:18 pm ICT by IANS
New Delhi, May 31 (IANS) Growth in eight core industries fell to 2.2 percent in April as compared to 4.2 percent registered during the corresponding month of previous year, due ... Read more...

Posted in Business |

Retail inflation surges to 10.36 percent in April


May 18th, 2012 - 3:15 pm ICT by IANS
New Delhi, May 18 (IANS) India's inflation based on retail prices surged 10.36 percent in April as compared to 9.38 percent in the previous month due to a sharp increase ... Read more...

Posted in Uncategorized |

‘China’s foreign trade outlook grim’ (Lead)


May 15th, 2012 - 3:55 pm ICT by IANS
Beijing, May 15 (IANS) The outlook for China's foreign trade remained grim but the full-year target of a 10-percent rise is still achievable, authorities said Tuesday.The country might register a ... Read more...

Posted in Business |

China’s inflation eases (Lead)


May 11th, 2012 - 4:44 pm ICT by IANS
Beijing, May 11 (IANS) China's inflation eased slightly in April as warm weather led to a drop in food prices, building up confidence that the government's annual targets set for ... Read more...

Posted in Business |

India, Australia to collaborate in wool production and trade


May 2nd, 2012 - 8:57 pm ICT by IANS
New Delhi, May 2 (IANS) India and Australia will jointly set up a wool testing laboratory in Mumbai and collaborate in the production and trade of woollen products."We are seeking ... Read more...

Posted in Business |

India’s exports drop by 5.71 percent in March


May 1st, 2012 - 2:39 pm ICT by IANS
New Delhi, May 1 (IANS) India's exports fell by 5.71 percent to $28.68 billion in March while imports surged 24.28 percent to $42.58 billion, leaving a monthly trade deficit of ... Read more...

Posted in Business |

Core industries’ growth slumps to 2 percent in March


April 30th, 2012 - 8:54 pm ICT by IANS
New Delhi, April 30 (IANS) Growth in eight core industries, including electricity, coal, cement, steel and crude oil, fell to 2 percent in March as compared to 6.8 percent in ... Read more...

Posted in Business |

India asks Qatar for additional 3 mn tonnes of gas


April 23rd, 2012 - 7:43 pm ICT by IANS
Doha, April 23 (IANS) India Monday urged Qatar to increase the supply of natural gas by 3 million tonnes to meet immediate requirements.India imports 7.5 million tonnes of liquified natural ... Read more...

Posted in Business |

SpiceJet allowed to directly import ATF


April 18th, 2012 - 4:06 pm ICT by IANS
Mumbai, April 18 (IANS) SpiceJet Ltd has became India's first low-cost private airline to get government approval for importing aircraft turbine fuel (ATF) directly.The approval was granted by the Director-General ... Read more...

Posted in Business |

China confident in 10 percent trade growth (Lead)


April 17th, 2012 - 3:08 pm ICT by IANS
Beijing, April 17 (IANS) China is confident about achieving the full-year target of 10-percent growth in foreign trade, despite slowed growth in the first quarter due to cumulative factors, the ... Read more...

Posted in Uncategorized |

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 |

China confident of growth in foreign trade


April 17th, 2012 - 2:43 pm ICT by IANS
Beijing, April 17 (IANS) China is confident of achieving the full-year target of 10 percent growth in foreign trade, though the growth slowed in the first quarter due to cumulative ... Read more...

Posted in Business |

Inflation declines marginally, RBI rate cut seen (Roundup)


April 16th, 2012 - 8:40 pm ICT by IANS
New Delhi, April 16 (IANS) India's inflation declined marginally to 6.89 percent in March as compared to 6.95 percent in the previous month, helped by softening in prices of ... Read more...

Posted in Business |

Growth will improve, but inflation will stay sticky: RBI


April 16th, 2012 - 8:02 pm ICT by IANS
New Delhi, April 16 (IANS) India's economic growth is likely to improve marginally in the current financial year from the projected growth of 6.9 percent in 2011-12, but inflation will ... Read more...

Posted in Business |

Inflation falls to 6.89 percent in March


April 16th, 2012 - 2:45 pm ICT by IANS
New Delhi, April 16 (IANS) Inflation declined marginally to 6.89 percent in March as compared to 6.95 percent in the previous month even as prices of vegetables, pulses and milk ... Read more...

Posted in Business |

China’s inflation rebounds (Lead)


April 9th, 2012 - 3:52 pm ICT by IANS
Beijing, April 9 (IANS) China's inflation rebounded slightly in March after logging an extremely low growth in February, backing lingering uncertainty regarding the country's ability to contain price rises.China's consumer ... Read more...

Posted in Business |

Chaudhary new Haryana chief secretary


April 3rd, 2012 - 10:06 pm ICT by IANS
Chandigarh, April 3 (IANS) The Haryana government Tuesday appointed Pradeep Kumar Chaudhary as the state's new chief secretary, an official spokesman said here.Chaudhary replaces Urvashi Gulati, who retired March 31.The ... Read more...

Posted in Uncategorized |

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