Of $90 billion remittances that India is expected to receive in 2022, only $27.4 billion has come in the first half of the year.
Foreign banking major Standard Chartered Bank has tied up with Oriental Bank of Commerce for providing agency trade services to Indian importers.
Close on the heels of a Free Trade Agreement with Thailand, India is now focusing on signing more such trade deals with member countries of Association of South East Asian Nations, MERCOSUR
Thailand welcomed "knowledge workers" from India and is keen on a partnership with New Delhi in helping the South East Asian country
TVS Motor Company would roll out its bikes from Indonesia plant this month eyeing a first year sales of up to 90,000 units in that market amidst plans to spread its wings in the South East Asian region.
The United Progressive Alliance government will continue tax reforms, Finance Minister P Chidambaram said on Wednesday.
'The 2017 Doklam stand-off in Bhutan, the 2018 Maldives crisis, and the 2020 Nepal Kalapani border dispute shows how Beijing has shot off these countries' shoulders to target India.'
The Union government's budget proposals next month would see a "substantial reduction" in customs duties, commerce secretary S N Menon said on Tuesday.
This is the same level as the peak rate of the Association of South East Asian Nations.
'Gorkhas are terrific soldiers. They are known the world over for their fighting qualities.'
India has offered further pruning of its negative list of 560 items for Association of South East Asian Nations on which there will be no duty cuts
Sterling Group-controlled coffee chain Barista Coffee Company Ltd on Wednesday announced plans to open 60-70 outlets across the country in the next 10-12 months, as part of its expansion plans.
The European Union on Thursday said India will surpass 7.0 per cent growth this year and the new United Progressive Alliance government is expected to continue with reforms, including reduction in fiscal deficit.
India is no longer shying away from playing a role on the regional and international stages and is willing to don a bigger role in regional politics. It is showing traits of a responsible stakeholder in the regional security dynamics, says Dr Rahul Mishra.
The scaling up of the India-US strategic partnership to the level of non-NATO ally with defence deals, sharing and transfer of defence technology, interoperability, joint collaboration and joint production of defence equipment has exacerbated Moscow's anxiety, notes Rup Narayan Das.
India were outplayed for the second time in a week by Korea as they lost 2-5 to the East Asians in their first match of the second leg of the Four Nation Hockey tournament in Darwin on Wednesday.
Essar Power, which had recently bid for setting up a coal-fired power plant in Indonesia, said on Tuesday it is eyeing more coal and gas-based plants in the south east Asian country.
Asserting that India and Pakistan can unite through a common market, Defence Minister Pranab Mukherjee on Friday invited Islamabad to work jointly for developing a trade and economic block, "which could even be a matter of envy for blocks like Europe
India and ASEAN are working on a list of items on which the two sides will bring down tariffs faster and implement it by January next year.
Putting their bitter club rivalries aside, Kolkata's Big Three football clubs joined in to mourn the loss of Pele and remember his magical presence that wowed the metropolis 45 years back.
As part of efforts to give a greater fillip to trade, the commerce ministry is working aggressively on finalising trade pacts with countries in the South East Asian region and some Latin American countries.
The Indian ace easily beat Indonesia's Prima Simpatiaji in the final.
Bajaj Auto Limited would open assembly plants in Indonesia and Brazil in a bid to boost overseas presence even as it has lined up four launches in the next six months to drive further domestic growth, a top company official said.
The government on Monday allowed privately-owned Jet Airways and Air Sahara to fly to the Association of South East Asian Nations and raised the seat capacity of Indian Airlines and Air-India to these destinations.\n\n
