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Plummeting exports: China continues to be a pain in PM Modi's Make in India initiative

Apr 26, 2016 at 15:55 | Source: FirstPost

New Delhi:India's overall trade deficit has been improving steadily, narrowing to 5.6 per cent of GDP in the fiscal year ending March 2016. But China continues to be a pain, overriding the Make-in-India theme as our exports to that country continue t...

Strong and united Europe necessity for the world: Obama

Apr 25, 2016 at 17:34 | Source: FirstPost

Hanover: US President Barack Obama made an impassioned plea for European unity in the face of rising populism and scepticism Monday, warning this was a "defining moment" for the continent."A strong and united Europe is a necessity for ...

Unpopularity of Clinton, Trump puts spotlight on potential running mates| Reuters

Apr 23, 2016 at 03:30 | Source: FirstPost

WASHINGTON Rarely have two U.S. presidential front-runners needed more from running mates than Hillary Clinton and Donald Trump.The Democratic and Republican leaders in the 2016 White House race are unusually unpopular nationally, polls show, despite...

Jaitley says global scenario grim, but pegs India growth at 8.5% on likelymonsoonboost

Apr 20, 2016 at 10:43 | Source: FirstPost

New York: Finance minister Arun Jaitley said on Tuesday that Indias economic growth this year could blow past estimates and tick up to as much as 8.5 percent. Part of this GDP boost is being attributed to predictions of a good monsoon this year after...

India's March trade deficit narrows, annual exports lowest in five years | Reuters

Apr 18, 2016 at 23:30 | Source: FirstPost

NEW DELHI India's trade deficit narrowed for the third straight month in March to $5.07 billion, the lowest in five years, as imports shrank at a faster pace than exports, data showed on Monday.Although exports for the year ending March were the weak...

IMF outlines three-pronged approach to avert recession risks

Apr 14, 2016 at 22:47 | Source: FirstPost

Washington: The IMF on Thursday called for the adoption of a three-pronged approach with monetary, fiscal and structural actions to avert recession risks and enhance global financial stability even as it singled out India as a "bright spot"...

Watch: PM Modi pays tribute to visionary Ambedkar at Maritime India Summit

Apr 14, 2016 at 13:42 | Source: FirstPost

Prime Minister Narendra Modi inaugurated the Maritime India Summit on Thursday and praised Dr BR Ambedkar, calling him "the architect of the water and river navigation policy in India"."There is a reason why this important Summit has b...

Ambedkar India's architect of water and river navigation policy: PM Modi at Maritime Summit

Apr 14, 2016 at 12:42 | Source: FirstPost

Prime Minister Narendra Modi inaugurated the Maritime India Summit on Thursday and praised Dr BR Ambedkar, calling him "the architect of the water and river navigation policy in India"."There is a reason why this important Summit has b...

China's jump in exports soothes growth fears, boosts markets| Reuters

Apr 13, 2016 at 23:45 | Source: FirstPost

BEIJING China's exports in March returned to growth for the first time in nine months, adding to further signs of stabilisation in the world's second-largest economy that cheered regional investors.March exports rose a blistering 11.5 percent from a ...

Italy's Renzi signs potentially huge business deals in Iran| Reuters

Apr 13, 2016 at 05:30 | Source: FirstPost

ROME Italy and Iran signed deals potentially worth billions on Tuesday when Prime Minister Matteo Renzi visited Tehran seeking a strong Italian foothold in a nation hungry for infrastructure investment as it emerges from financial isolation.Renzi was...

India to notch up to 7.5 percent growth in 201617: IMF

Apr 12, 2016 at 19:28 | Source: FirstPost

Washington: Driven by private consumption and increased industrial activity, India's growth is projected tonotch up to 7.5 per cent in 201617, overtaking China's GDP by more than 1 per cent, the IMF said today.Retaining its last October forecast, the...

India important for advancing in maritime security in Indo-pacific region: US

Mar 30, 2016 at 13:20 | Source: FirstPost

Washington: India has become a key player and an important partner in advancing maritime security in the Indo-Pacific region and there was an "unprecedented" US-India cooperation to protect freedom of navigation for all nations, a top Ameri...

SAARC region must work collectively to ensure a conducive environment for rapid growth: Swaraj

Mar 17, 2016 at 15:43 | Source: FirstPost

Pokhara: India on Thursdaypitched for unleashing the "collective strength" of SAARC as External Affairs Minister Sushma Swaraj underlined the need for a South Asian Economic Union with greater connectivity and forward movement on pending ag...

Trump lacks foreign policy team, spurns criticism from abroad| Reuters

Mar 08, 2016 at 23:32 | Source: FirstPost

WASHINGTON Republican presidential front-runner Donald Trump acknowledged on Tuesday he did not yet have a foreign policy team and dismissed criticism that his harsh rhetoric on immigration and threats to gut global trade deals would damage America's...

China aims to maintain growth pace, fend off unemployment in five-year plan| Reuters

Mar 05, 2016 at 21:30 | Source: FirstPost

BEIJING China faces a tough battle to keep its economy growing by at least 6.5 percent over the next five years while creating more jobs and restructuring inefficient industries, Premier Li Keqiang said as he opened China's annual parliament on Satur...

China sets economic growth target of at or above 6.5 percent in five year plan| Reuters

Mar 05, 2016 at 07:45 | Source: FirstPost

BEIJING China is aiming for average economic growth at or above 6.5 percent for the next five years, the government said on Saturday, as the world's No. 2 economy seeks to balance deep structural reforms, gyrating financial markets and softening glob...

Indian mills clinch sugar exports deals, first in 2 months - sources| Reuters

Mar 05, 2016 at 04:30 | Source: FirstPost

MUMBAI/ NEW DELHI Indian sugar mills signed export deals this week, the first in nearly two months, as an incentive by the top producing state Maharashtra and a rally in global prices of the sweetener made overseas sales attractive, industry sources ...

China's annual parliament meets under economic clouds | Reuters

Mar 05, 2016 at 02:15 | Source: FirstPost

BEIJING China commences its once-a-year parliamentary session this weekend to map out plans for dealing with a wobbling economy and worries the ruling Communist Party is losing its credibility as a competent manager.Overhanging this year's sitting ar...

Budget 2016: Key highlights that you and me should know about

Feb 29, 2016 at 16:15 | Source: FirstPost

Union Finance Minister Arun Jaitley on Monday delivered his third Budget speech in Parliament."I am presenting this Budget when the global economy is in serious crisis. Global growth has slowed down from 3.4% in 2014 to 3.1% in 2015. Financial m...

U.S. to boost freedom of navigation moves in South China Sea - admiral| Reuters

Feb 25, 2016 at 03:16 | Source: FirstPost

WASHINGTON The United States, which is worried by China's military buildup to assert dominance in the South China Sea, will increase freedom-of-navigation operations there, a senior Pentagon official said on Wednesday."We will be doing them more...

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