Industry body Assocham has advised the government to enter into a Preferential Trade Agreement with China instead of a Free Trade Agreement. The chamber has prescribed a minimum period of 5 years before the two countries finalise the FTA. Tariff cuts due to FTA will see the Chinese goods flood Indian markets. While with a PTA, tariffs could be reduced in a phased manner. Indo-China FTA might affect economic efficiency of these countries as they would exclude other countries.
Union budget provides no major fillip to the ailing sector.
Contrary to expectations of the chemical sector, Budget turned non event.
The Pakistan Telecommunications Authority and mobile phone operators were forced to issue clarifications on Friday after a rumour that people were dying after receiving a call from a particular number triggered panic in the Pakistani city.
With monsoon rainfall 16% below the long-period average, total sowing area is down by 7% at 56.7 million hectares so far this season.
The PTA, developed by the Aeronautical Development Establishment, Bangalore, is designed to perform discreet aerial reconnaissance of battlefield and target acquisition.
India and Mexico have decided to explore the possibility of entering into a Preferential Trade Agreement to improve the bilateral trade, which stood at $1.6 billion at the end of 2006.
India successfully tested the advanced version of Lakhsya, the indigenously built Pilotless Target Aircraft from the Integrated Test Range at Chandipur-on-sea, about 15 km from Balasore, for the third consecutive day on Wednesday.
Mauritius to hand over 32 Indian prisoners
Weighing about 700 kilogrammes, the sophisticated missile uses an integral ramjet rocket propulsion system and has a low reaction time.
The sophisticated multi-target missile was test fired from a mobile launcher at about 1230 IST.
Lakshya is the indigenously developed Pilotless Target Aircraft.
India and Chile will begin in August negotiations on the proposed preferential trade agreement to enhance bilateral trade which stood at $320 million in 2003.
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.
S P Lohia group company Indo Rama Petrochemicals Ltd is set for expansion and plans to set up a 704,000 tonnes per year of purified terephthalic acid plant at an investment of $450 million in the Rayong province of Thailand.
Pakistan Tea Association on Wednesday signed a Memorandum of Understanding with Indian Tea Association to import at least 10 million kg (one crore) of tea from India in 2003-04, provided quality and prices are competitive.\n\n\n\n
L&T was beset by buying in early trades on Thursday after the company announced that it bagged a Rs 1,242-crore (Rs 12.42 billion) order from IOC to set up a PTA plant at the latter's refinery at Panipat.
'Mr Kejriwal has played it cool in distancing himself from Delhi's hotspots, adroitly pandering to the BJP's Hindu vote.' 'He neither visited the scene of JNU violence nor has he dropped by at Shaheen Bagh,' notes Sunil Sethi.
Impasse over continuation of 13-odd "HIV positive" students in a South Goa school has deepened with more parents now resolving to withdraw their wards from the school in protest against management's decision to not cancel admission of these children.
India on Friday successfully test-fired the new surface-to-air missile, developed jointly with Israel, with a strike range upto 70 km, from a defence base off Odisha coast, a day after two similar trials were conducted.
India on Saturday successfully conducted two rounds of trials of its indigenously developed surface-to-air Akash missile as part of a user trial by the Indian Air Force from the Integrated Test Range at Chandipur near Balasore in Odisha.
Phantom Thread is the most wrong, most real, most riveting portrait of toxic love you're likely to witness in a long, long time, feels Sukanya Verma.
'He is evil in its most hypnotic, powerful, persuasive, expressive and exonerated avatar,' notes Sukanya Verma.
Environment Minister Prakash Javadekar will sign the agreement on behalf of India.
The Street expects lower earnings from RIL's shale business to be offset by the sharp uptick in refining margins and the gradual improvement in petrochemical earnings.
Recovery seen in Q4, companies continue to focus on enhancing cash flow
Excise duty cut to boost Polymers sector.
Strong refining and petrochemical margins seen boosting consolidated net by up to 6%
'ISRO provides a very positive atmosphere. What matters here is your talent, not your gender,' says Ritu Karidhal, Deputy Operations Director, India's Mars orbital mission, Mangalyaan. A fascinating excerpt from Minnie Vaid's Those Magnificent Women And Their Flying Machines, Isro's Mission To Mars.
The 25-year-old telecom engineer from Lahore says his employer had 'no idea' of his secret cyber life and his recent exploits.
'I am fortunate that I have never been stuck in riots. I have had a very protected life and upbringing. I remember my brother was in Mumbai during the 1992-93 riots and we were all worried about him. But he was fine.' Soha Ali Khan gets serious.
Take some time to show your employees that you appreciate them.
In a weekly chat with readers, Rediff.com's Love Guru offers relationship advice.
Sudha Menon, author of the recently released Devi, Diva Or She-Devil: The Smart Career Woman's Survival Guide, tells women how to get their due at work.
In spite of the glitches and scramble, the Mumbai Film Festival shaped into an enriching experience, feels Sukanya Verma.
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