The government on Wednesday said it is confident that textiles exports target of USD 33 billion for 2011-12 will be achieved as there is a good demand from markets like Japan and Latin America.
Pitching for "urgent" reforms of the United Nations Security Council, India on Friday said that the long pending expansion of the top organ of the world body is "inevitable".
Foreign Secretary Shivshankar Menon held special briefing sessions in groups for the envoys of the countries from Arab world besides those from Latin America, Africa and Europe.
"We are counting on India's rise not just as an economic partner but as a global power one that engages everywhere from Latin America to the Middle East to East Asia," Deputy Secretary of State William J Burns said in his remarks on 'Is there a future for the US-India partnership?', organised jointly by the FICCI and Brookings Institute, a Washington-based eminent American think tank.
"India plans to build close to 14 nuclear power plants. We see huge opportunity here"
Exporters are now looking at new markets.
Fascinating places with bad reputations: These places may have a bad rap -- but we think you'll have a great (and safe) vacation!
Even as the domestic pharmaceutical industry is exploring new markets in Latin America and the Commonwealth of Independent States, exports to countries in Africa are declining.
Copa America kicks off in Chile on Thursday as a widening US-led investigation lifts the lid on rampant corruption among the sport's top officials.
Imports, however, were higher at $350.69 billion, despite growing at a lower pace of 21.6 per cent amid increasing crude oil prices.
External Affairs Minister S M Krishna on Saturday embarked on a four-day visit to Iran during which its controversial nuclear energy programme and the proposed IPI gas pipeline project are expected to figure prominently in the bilateral talks.
To counter demand contraction in key markets like the US and Europe, Indian textile exporters are exploring alternative markets like Japan, South Africa and Latin America. At present, only 4 per cent of India's textile exports go to these markets.
Pope Benedict XVI failed to mention the child sex abuse scandal, which rocked the Roman Catholic Church, in his traditional Easter message in Rome.
Notwithstanding the uncertainty over the Indo-US Nuclear deal in the face of Left opposition, the IBSA summit will provide a useful opportunity to Dr Singh to garner the support of Brazil and South Africa, influential members of the 45-nation Nuclear Suppliers Group, for global civil nuclear cooperation.
Other regions where the New York Stock Exchange-listed firm is targeting to expand its presence include China and Latin America. In an investor presentation, it said that as part of measures to cut costs in "corporate and other overhead, the company has slashed its headcount by 14 per cent," in addition to which finance, HR and IT staffing have also been reduced.
Exports of 'Made-in-India' vehicles have touched Rs 2,928 crore (Rs 29.28 billion) during April-October 2003 after growing by 32.4 per cent in value terms during 2002-03 to Rs 3,396 crore (Rs 33.96 billion).
China is using its growing trade power to enhance its global influence, especially in Africa, Latin America and Asia, where it is perceived as an all-weather friend. Since opening up its economy in 1978, China's foreign trade has been growing by leaps and bounds.
'The role played by the Indian expatriate community in the US acted as the lever for the change of perception about India,' says Foreign Secretary Shashank.
'When the bombing happened in the Taj Mahal hotel in 2008, that was a very sad moment, but he really took care of the people, took care of everybody and that was when you saw some of his best moments.' 'There are some things which we will never forget. That is when the best of a person comes out.'
State-run Oil India Ltd, which got listed on the bourses on Wednesday, is looking at acquisition of assets or companies in Australia, South-East Asia, Africa, Russia and Latin America.
A new agreement has been clinched with pharmaceutical firms to substantially decrease the cost of treating AIDS in 66 countries in Asia, Latin America, Africa and the Caribbean, former US President Bill Clinton has announced.
After its successful run in Latin America and some African countries, the US-based non-profit organisation 'One laptop per Child' has launched the programme in India to equip students with specially designed laptap at subsidised rate for better learning. The laptops are unbreakable and water-proof which will make them easy to handle without any risk.
Videcocon Industries plans a major consumer electronics retail foray across West Asia, Europe, Africa and Latin America under the brand name "VC" to raise global revenue shares from the current 2 per cent to 50 per cent by 2011.
Venezuelan Prez Hugo Chavez promised to give India more oilfields in its heavy-oil belt, as he seeks to tap the world's second fastest growing economy to diversify energy trade beyond US. He intends to supply 1 mn barrels per day of oil to India in the near future. The Junin area is believed to hold some 500 bn barrels of in place oil reserves, of which Junin Norte may have about 7-8 bn barrels. OVL is expected to be given preference in the development and production phase.
Three persons, including an NRI from Canada, were being checked on Monday for suspected H1N1 flu after they complained of fever and other symptoms even as people were screened at airports across the country for the deadly virus that has hit the US, Europe and Latin America.
The emerging markets strategic business unit of the country's largest IT services provider Tata Consultancy Services aims to touch the revenues of $2 billion by 2011-2012. The SBU targets regions such as Eastern Europe, West Asia, South Africa and Latin America. The company is also planning to have strategic development centres that will cater to these regions, beginning with Egypt & Russia. Emerging Markets offer great opportunity for TCS as IT sector there is growing at 8%.
Prime Minister Manmohan Singh on Thursday partly blamed International Monetary Fund for the current global economic crisis.
While prices of hotel rooms could further drop this year as, "The year 2010 promises to be another great year for travellers," according to a report by Hotels.com, provider of hotel accommodation worldwide.
"A rising rupee is a good time to go and acquire companies abroad," Godrej Group Chairman Adi Godrej said at the India Economic Summit in New Delhi on Monday.
This is the message of the latest Human Development report, 2007-2008, which was released on Tuesday by Planning Commission Deputy Chairman Montek Singh Ahluwalia in New Delhi. The global release was in Brazil.
"Natwar Singh will visit Pakistan at the invitation of the Pakistani government," Kasuri said at Haveli Lakha in Pakistan's Punjab province on Sunday.
Laxman Narasimhan, a veteran in leading and advising global consumer-facing brands, has been named as the new CEO of coffee giant Starbucks, joining a growing cohort of Indian-origin business leaders at the helm of global corporations.
In India, Danone holds a 25.5 per cent stake in market leader Britannia Industries through holding company Associated Biscuits International Holdings.
The victory by the governing center-left coalition kept Chile in pace with a steady leftward trend in Latin America.
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