Mr Modi has indicated he will carry on, and intensify, India's 'Look East' policy. But this start is hardly inspiring.
For many years now, India has given the Commonwealth short shrift so its support for the Commonwealth trade initiative signals a renewed interest in the body.
Bangladesh said on Tuesday that India should fulfill certain conditions like duty free access for 118 items and removal of non-tariff restrictions, before it can start talks on a bilateral Free Trade Agreement.
Chinese Premier Wen Jiabao will propose to establish the world's biggest Free Trade Area between China and India during his talks with Prime Minister Manmohan Singh next week.
'This is a new government. We will look at all options and before we rush into new arrangements, we will have to have a broad domestic consensus,' the prime minister said.
Indian companies feel it will be difficult to take on the competition from Bangladesh, Cambodia and others, with their made-in-India products. Ethiopia offers ready-to-use sheds, income tax breaks, training subsidies, and a tax-free gateway into the US, Europe and China. Moreover, labour is available for $60 per month compared to $130-$150 in India.
'India has an advantage because we produce more cotton and we have more workforce.'
Government tenders could soon go to bidders who promise to train highest number of youth.
The road will help in transportation of goods and further development of SMEs in North East India
Apple and Samsung are international players and should work as a team with domestic companies to transform India into a global powerhouse: IT Minister Ravi Shankar Prasad.
In another round of economic booster, Sitharaman announced steps to help homebuyers and push exports.
With China and Bangladesh losing their edge, textile exports from Tirupur are rising once again, turning the city into a job magnet.
Giving a fresh impetus to its ties with ASEAN, India today said it would soon draft a five-year action plan starting 2016 for enhancing connectivity and cooperation in diverse areas and hoped the long-delayed free trade pact on services and investment will be signed later this month.
'Fear psychosis has gripped the entire world.' 'Nobody is going to enter shops freely in the next 5, 6 months.' 'Secondly, the priority has changed.' 'Now that they have seen the bottom of the economy, people will prefer to save for tomorrow.'
Leading British-Indian MP Keith Vaz on Tuesday took his fight against the European Union's impending ban on the import of Indian mangoes to the Prime Minister's office in London.
With 15% customs duty hike on locally assembled vehicles, it is cheaper to import from Thailand, says India MD
'It seems a wiser decision to pull out at the right moment than regret after joining the pact,' explains Dr Rahul Mishra.
Indian talent may soon be allowed to work in France without a degree from a French institute.
One of the biggest ways in which recent government actions have been seen as investor-unfriendly is New Delhi's decision to unilaterally revisit almost every Bilateral Investment Treaty it has signed with other countries, says Mihir S Sharma.
The prime minister also welcomed convergence of views between India and ASEAN for cooperation in the Indo-Pacific region.
'Only when China treats India as an equal can we consider them real friends.'
For India to reach its ambiguous economic growth targets, it needs to be integrated into global trade pacts.
Sustained growth only if domestic manufacturing rises
In an article published in the Sunday Telegraph as she left for India for her first bilateral visit outside the UK, she said plans to promote the best of Britain during her three-day trade mission to New Delhi and Bengaluru.
Dealers are selling gold at a discount of Rs 175 for 10 gm.
Continuing to shed its famed banking secrecy veil, Switzerland today made public more names about which it has been approached from abroad for information, even as it published fresh gazette notifications about two Indians -- Sayed Mohammed Masood and Chand Kauser Mohammed Masood.
Of the 11,000 kg imported between July 1 and August 9, around 90 per cent was brought in by two business groups which took advantage of the favourable reduction in tax incidence under GST, routing their imports through Korea.
More than Indian exporters, it is Indian business families based in Sri Lanka and Hong Kong which have exploited the Bangladesh advantage
India has now moved up 1 position to 29th.
'The biggest takeaway is that the US-India relationship, which has sputtered a bit in recent months, enjoyed a big boost.'
Vice President Hamid Ansari on Tuesday left Lima for the first ever bilateral visit to Cuba by a top Indian leader after a "landmark" tour of Peru during which four agreements were signed.
The government has to cover a lot of ground if it wants to achieve the target of generating 10 million new jobs in the sector over the next three years, says Shyamal Majumdar.
Israeli President Reuven Rivlin arrived on Monday on an eight-day visit to India, the first by any Israeli President in nearly two decades.
