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WTO rules against US in trade spat with China and India

Jul 15, 2014 at 01:32 | Source: BBC

The World Trade Organisation (WTO) has found the United States violated global trade rules when it imposed tariffs on products from China and India. In response to a 2012 complaint, the WTO said the US improperly imposed tariffs on Chinese steel and ...

Service sector needs a focussed approach

Jul 10, 2014 at 11:42 | Source: Calcutta Telegraph News

New Delhi, July 9: Big-ticket reforms can boost the service sector, which remained subdued during the last three years, Economic Survey 2013-14 tabled today said. Revival of the sector, the survey said, could be achieved through reforms, the speedin...

China media: Germany ties

Jul 07, 2014 at 17:42 | Source: BBC

Media assess ties with Germany as Chancellor Angela Merkel holds talks with China's leaders on the second day of a three-day visit focusing on trade issues. Mei Zhaorong, former Chinese ambassador to Germany, tells the China Daily that relations...

Budget 2014 should bring clarity on transfer pricing, retrospective amendments and tax targets

Jul 01, 2014 at 08:12 | Source: Economic Times

By Dinesh Kanabar As the new government gets to work, one key item on the agenda would be the revival of growth. The key to that objective is the revival of the investment climate in India for renewed flow of overseas investments. One aspect that ha...

'Greener' freight key to more sustainable global trade

Jun 18, 2014 at 13:17 | Source: BBC

Some drivers eat, others read, one even appears to be asleep. Stranger still, only the driver of the lorry in front has his hands on his steering wheel. The other drivers appear to be driving hands free . Continue reading the main story Special Repor...

Export leap linked to governance

Jun 17, 2014 at 00:22 | Source: Calcutta Telegraph News

New Delhi, June 15: The new foreign trade policy (2014-19), to be announced after the budget, is expected to emphasise governance issues in the form of a co-ordinated strategy among different central government departments as well as states. Within ...

Export growth aided by demand revival in US, Europe: Industry

Jun 12, 2014 at 05:07 | Source: Economic Times

NEW DELHI: India Inc today said the pick-up in growth of exports in May was aided by the economic revival in the US and EU, among the country's biggest trade partners. "Acceleration in export growth is good news. Double-digit rise...reflects our expo...

Commerce Ministry not looking at hiking import duty on sugar

Jun 11, 2014 at 23:47 | Source: Economic Times

NEW DELHI: The Commerce Ministry is not looking at hiking import duty on sugar as it has not yet received any proposal in this regard, a top official said today. "We are not looking at that. The Ministry of Food has not yet spoken to us officially on...

WTO: India concerned over slow pace of talks on food security

Jun 11, 2014 at 23:47 | Source: Economic Times

NEW DELHI: India today expressed serious dissatisfaction over slow progress on negotiations over food security issues agreed at the WTO's Bali meeting of trade ministers last year. Commerce Secretary Rajeev Kher said developed members of the WTO are ...

Congress hits back at government on 'economy in tatters' remark

Jun 11, 2014 at 23:47 | Source: Economic Times

NEW DELHI: Citing statistics, Congress today attacked the NDA government on its allegations that UPA dispensation had left the country's economy in tatters even as it assured the ruling BJP of all co-operation provided steps taken by it were in the c...

Sino-India military exercise in November, China stresses on 'mutual trust'

Jun 11, 2014 at 23:47 | Source: Economic Times

NEW DELHI: Indian and Chinese armies will hold their fourth joint military exercise in India in November as China today pitched for promoting a new bilateral security concept based on "mutual trust". "The next round of joint training exercises betwee...

Government to encourage FDI to create jobs, assets

Jun 09, 2014 at 21:33 | Source: Economic Times

NEW DELHI: The Narendra Modi-led government today committed to encouraging foreign direct investment ( FDI), especially in sectors that create jobs and assets. "...government will follow a policy of encouraging investments, including through FDI; whi...

CAD, rising prices to be tackled on urgent basis: Nirmala Sitharaman

Jun 09, 2014 at 21:33 | Source: Economic Times

VIJAYAWADA: The rising Current Account Deficit (CAD) and galloping prices are the issues which will be tackled on an urgent basis by the government, Union Minister Nirmala Sitharaman said here today. "Finance Minister Arun Jaitley will announce impor...

Narendra Modi government promises policies to push growth, create jobs

Jun 09, 2014 at 21:33 | Source: Economic Times

NEW DELHI: Outlining its agenda for five years, the government today announced a slew of measures to push growth and create jobs, which will include encouraging investment and creating a predictable, transparent and fair environment. Addressing the ...

Full Text: Pranab Mukherjee's speech at Lok Sabha joint session

Jun 09, 2014 at 15:37 | Source: FirstPost

President Pranab Mukherjee addressed the joint session of the Lok Sabha at the Central Hall of Parliament in New Delhi on Monday.The president shared the Narendra Modi government's agenda for the country. From the economy to the environment, from min...

Indian patent law very strong, at par with global standards: Maruti

Jun 04, 2014 at 04:57 | Source: Economic Times

NEW DELHI: After three major US companies - Boeing, Abbott and Honeywell - auto major Maruti Suzuki has now come in support of India's intellectual property rights (IPR) regime, saying the "very strong" domestic laws are on par with international sta...

India overtakes Germany and Italy, is new world No. 2 in textile exports

Jun 03, 2014 at 13:07 | Source: Economic Times

NEW DELHI: India has overtaken Germany and Italy to emerge as the world's second largest textile exporter. But it lags China, whose exports are nearly seven times higher. Data released by the Apparel Export Promotion Council, the industry body for ga...

Narendra Modi government's 1st Budget to give early economic trends: Morgan Stanley Investment Management

May 29, 2014 at 20:22 | Source: Economic Times

SINGAPORE: Prime Minister Narendra Modi government's first budget in July will give early economic trends for investors, especially issues related to power for the states, land laws and taxes, a senior executive of Morgan Stanley Investment Managemen...

WTO to examine US solar trade spat with India

May 24, 2014 at 13:02 | Source: Economic Times

GENEVA: Washington today took its battle to get India to open its solar market a step further, demanding that the WTO create a panel to review the dispute. The United States told the World Trade Organization's dispute settlement board that consultat...

Ditching clunkers, car imports drive Myanmar oil demand

May 22, 2014 at 04:30 | Source: FirstPost

SINGAPORE/YANGON (Reuters) - Myanmar businessman Lay has doubled the number of cars he owns to six in just three years, as reforms in Southeast Asia's poorest country unleash a wave of consumer spending.The opening up of the economy, with a loosening...

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