Describing India as a "rising world power", US Assistant Secretary of State for South and Central Asian Affairs Richard Boucher on Friday emphasised the need to fight the global menace of terrorism "jointly".
Bilateral trade between India and Thailand was expected to touch $10 billion in the next three years from the current $3.4 billion, Vice-Chairman of the Board of Trade of Thailand Somkiat Anuras said on Monday.
Majority of foreign companies plan expansions and perceive 'opportunities' for higher investment provided bottlenecks in infrastructure, legal and labour laws are removed, a survey by Federation of Indian Chambers of Commerce and Industry said.
Federation of Indian Chambers of Commerce and Industry has set up a 'Diaspora Division' for forging a producive partnership with Indians living abroad as part of its efforts to tap the economic potential of overseas Indians.
'I am not saying we will get $10 billion from overseas Indians at the end of the Pravasi Diwas conference. We will get just a trickle but the interest will be generated,' says FICCI Secretary-General Amit Mitra.
India's bilateral trade with China will cross $1 billion this calendar year, but the country needs to diversify from iron-ore exports to other areas such as dairy, yarn and electrical machinery for sustaining the momentum, a top government official s
"Now the gof India has decided to soon initiate procurement from local industries to reduce import dependence," he said. Reddy, the Union Minister of State for Home, said for many years India was dependent on worldwide Original Equipment Manufacturers (OEMs) for procuring arms and ammunition.
Indian industry is hopeful of getting a 'significant portion' of the $300 billion to be spent for reconstruction work in Iraq over the next 5-7 years.
With West Bengal aiming to become one of the top three IT states by 2010, contributing 15-20 per cent of the country's total IT revenue, a number of IT majors are today doing significant business in Kolkata.
The Federation of Indian Chambers of Commerce and Industry on Thursday said it was not averse to a change of guard at the Centre but wanted the new government to continue the reforms process and provide stability.
Reserve Bank of India and State Bank of Pakistan are working on modalities for opening branches of each other's banks in both the countries.
Highlighting India Inc's drive for fresh investments, FICCI on Thursday called for the revival of development finance institutions by allowing agencies like IFC and ADB to play strategic roles in DFIs.
They were recognised for their contribution to Hindi cinema.
Lack of corporate governance is a long-term health hazard for the corporate world and adoption of ethical standards along with governance could reflect in the bottomlines of companies, according to the Securities and Exchange Board of India.
China said on Monday the bilateral trade between the communist nation and India would touch $20 billion in the current year. \n\n
She added that the Centre had already reviewed the harassment bill and had consulted them while studying the domestic violence bill.
Petrol pumps in many cities witnessed long queues on Tuesday as people came to fill up their vehicle tanks fearing shortage of fuel amid the protest by truck drivers against a provision in the new penal law on hit-and-run accident cases involving motorists.
The Indian industry wants the government adopt a multi-pronged approach to de-risk the country's oil needs by conserving energy, promoting alternative sources and building strategic reserves, a Federation of Indian Chamber of Commerce and Industry su
India is all set to achieve the target of one per cent share of the world trade in exports well ahead of schedule, Director General of Foreign Trade L Mansingh asserted on Tuesday.
Harsh provisions of the Securitisation Act are killing entrepreneurial activity and might hinder industrial growth, according to a survey conducted by the Federation of Indian Chambers of Commerce and Industry.
In order to give Corporate India the much-needed boost in its quest for growth and competitiveness, Federation of Indian Chambers of Commerce and Industry on Thursday presented the finance minister a 14-point fiscal correction agenda.
A 30-member Federation of Indian Chambers of Commerce and Industry business delegation will visit Baghdad to meet the newly appointed ministers and representatives of the UN bodies for renegotiating their contracts worth Rs 500 crore.
Air India on Monday announced a direct flight to London from Kolkata and another one to Bangkok and Singapore -- both taking off this year.
Luxembourg plans to sign a double taxation treaty with India to boost bilateral trade, whose volume is currently low.