News from other websites on Global Trade
May 24, 2013 at 21:42 | Source: The Hindu BusinessLine
‘It’s not over for MTNL, BSNL’ (Business Line, May 24) highlights how the public sector companies are made to bleed.BSNL SIM cards were in great demand and were once sold at premium and had a waiting period. They could have easily ...
IFC to extend credit guarantees to YES Bank
May 24, 2013 at 17:47 | Source: The Hindu BusinessLine
Mumbai, May 24: Private sector lender YES Bank has ties up with the International Finance Corporation (IFC), a member of the World Bank Group, to boost international trade opportunities. Through this programme, IFC will extend credit guarantees to Y...
Gold rises, snapping 7-session losing streak
May 21, 2013 at 06:22 | Source: Market Watch
NEW YORK (MarketWatch) — Gold futures ended higher Monday, snapping a seven-session losing streak, while silver rebounded from a level not seen since 2010. Gold for June delivery (CNS:GCM3) settled up $19.40, or 1.4%, to $1,384.10 an ounce on th...
China 'cannot be free rider on trade'
May 21, 2013 at 03:52 | Source: BBC
China cannot be a free rider in global trade, the EU's trade commissioner has warned. Karel De Gucht said that China had to take responsibility for the global trading system, just as the EU did. Mr De Gucht's comments come just days after t...
Gold bounces higher after 7-session losing streak
May 20, 2013 at 22:37 | Source: Market Watch
SAN FRANCISCO (MarketWatch) — Gold futures bounced higher Monday, finding support after a seven-session losing streak, while silver rebounded from a level not seen since 2010. Gold for June delivery (CNS:GCM3) was last up $17.40, or 1.3%, to $1,...
Viewpoint: Global significance of India-China ties
May 20, 2013 at 11:57 | Source: BBC
Prime Minister Manmohan Singh's comment that India-China relations have transcended bilateral dimensions to acquire global strategic significance is indicative of the stakes in this high-profile meeting of the premiers of two of the world's...
India may follow Brazil route and see flurry of deal activity in sugar sector : Motilal Oswal
May 17, 2013 at 21:26 | Source: Economic Times
The government's recent move to announce partial decontrol in the sugar sector was welcomed by the industry as it gave mills greater pricing power and much needed flexibility to sell in the open market. But potential M&A activity will ensure that the...
India under pressure at WTO to phase out textile export sops
May 17, 2013 at 00:32 | Source: The Hindu BusinessLine
New Delhi, May 16: Pressure is mounting on India at the World Trade Organisation (WTO) to pare subsidies and incentives given to its textiles sector. The European Union and Japan have joined hands with the US and Turkey to demand that India stop giv...
Policy watch: India, China will learn to do more business together
May 15, 2013 at 10:11 | Source: DNA India
The year 2004 was a watershed. That was when the OECD Development Centre brought out Prof Angus Madison s path-breaking study on The World Economy: Historical Statistics. One of the key charts from his book is reproduced below (Prof Maddison died in...
US think-tank seeks suspension of trade benefits for India
May 15, 2013 at 09:15 | Source: FirstPost
Washington: Alleging that recent trade policies of India are jeopardising its trade ties with the US, a Washington-based think tank has recommended the Congress to suspend trade benefits for New Delhi."To be clear, a strong, growing, and collabo...
Whither, global trading system?
May 14, 2013 at 23:31 | Source: The Hindu BusinessLine
The new Director-General of the World Trade Organisation (WTO), Roberto Carvalho de Azevedo, will face a Sisyphean task in breathing life into the comatose Doha Round that has been under negotiations since its official launch in November 2011. The t...
IEA Sees Crude Trade Declining as North America Cuts Imports
May 14, 2013 at 14:00 | Source: Bloomberg
Global trade in crude and condensate will drop by 0.5 percent annually from 2012 to 2018 as North America reduces its imports because of rising domestic production, according to the International Energy Agency. Trade in crude and condensate, or light...
May 13, 2013 at 21:01 | Source: The Hindu BusinessLine
May 13, 2013: Over the last decade or so, emerging economies such as China, India, Brazil, Indonesia, Mexico, South Africa and Turkey have come to dominate the global economic scene. The International Monetary Fund forecasts that the share of emergi...
Indo Rama Synthetics Q4 net loss at Rs 38.06 cr
May 10, 2013 at 18:46 | Source: The Hindu BusinessLine
New Delhi, May 10: Textiles firm Indo Rama Synthetics (India) today said it reported a net loss of Rs 38.06 crore for the fourth quarter ended March 31, 2013. The company had posted a net profit of Rs 35.47 crore in the same period of previous fisca...
China hails new WTO boss as nod to developing world
May 09, 2013 at 14:25 | Source: The Hindu BusinessLine
Beijing, May 9: China’s state news agency today welcomed the appointment of Brazilian diplomat Roberto Azevedo to head the World Trade Organisation, saying it showed the growing clout of emerging economies. Azevedo’s selection was “...
Europe’s united states form an imperfect union
May 09, 2013 at 11:12 | Source: Market Watch
SYDNEY (MarketWatch) — The European Union is an open economy — the world’s largest exporter and importer of goods and services. But escalating sovereign debt and banking sector problems threaten to turn Europe inward. If economic pressures lea...
Brazil's Azevedo to be next WTO director-general
May 09, 2013 at 00:12 | Source: DomainB
Brazil's Roberto Azevedo has won the race to become the next chief of the World Trade Organisation (WTO), after the three facilitators among the heads of delegations recommended that the WTO general council meeting on 14 May approve Azevedo as the n...
India welcomes selection of Brazil’s Azevedo as next WTO chief
May 08, 2013 at 23:12 | Source: The Hindu BusinessLine
New Delhi, May 8: India has welcomed the selection of Brazilian candidate Roberto Azevedo as the new Director General of the World Trade Organisation. Azevedo was one of the two candidates that the country had backed of the nine contenders fighting ...
China and India's rivalry extends to the Arctic
May 08, 2013 at 13:35 | Source: Economic Times
BEIJING: While the recent troop standoff in a remote Himalayan desert spotlights a long-running border dispute between China and India, the two emerging giants are engaged in a rivalry for global influence that spreads much farther afield. From Afri...
Canada to seek Nasscom views on visa norms in future
May 07, 2013 at 23:26 | Source: The Hindu BusinessLine
Mumbai, May 7: Industry body Nasscom may have a say next time Canada tweaks immigration norms. Amidst a buzz that another round of changes to the Temporary Foreign Worker Programme may be in the offing, Nasscom has been assured that its views will b...
From DJ EU Officials Spain Aid Cap Of 100 Bn Euros 'should Be Enough'
