The India-Asean free trade agreement (FTA) in merchandise goods has failed to realise its full potential, even as the deal was implemented in January 2010 to facilitate greater trade in the region. As a result, reduction of duties on several products might get delayed.
A 'framework agreement' as a precursor to a free trade arrangement will be signed when the prime minister is in Indonesia next week.
Changing political situation in America and European countries have forced rich Islamic investors from the Gulf countries to look for investment opportunities in South East Asian countries, including India.
The agreement that provides for both India and ASEAN reducing tariff on agreed goods has come into force with all but Cambodia and Philippines.
ASEAN's dialogue partners are -- Australia, China, the EU, Japan, New Zealand, South Korea, Russia and the US.
India-ASEAN Summit, scheduled for December 17 in Thailand, has been postponed as crisis-ridden South-East Asian country is unable to host the meet.
Abdullah Badawi's remarks come after a ruling by this Muslim-majority country's National Fatwa Council that yoga was haram (forbidden) as it involved chanting of mantras which was against Islamic teachings and that people could deviate from Islam if they performed yoga which has its roots in Hinduism
Formula One's governing body would carry out a full safety assessment before agreeing to any night-time race.
Not less than 10,000 people, mostly children, are trafficked into the Northeast with a good number smuggled in from Bangladesh, Nepal and other South East Asian countries, surveys by NGOs have revealed.
The FTA will provide Indian trade and industry with access to a large and vibrant market in a region that is increasingly prosperous. This market is bound to expand further as the Asean trading bloc is already in talks with countries like China, Japan, South Korea, Australia and New Zealand for free or preferential trade pacts.
The rich and diverse culture of India's North East was on display in all its splendor as curtains went up on the 12th South Asian Games in a colorful opening ceremony with Prime Minister Narendra Modi and a host of other dignitaries in attendance.
Panacea Biotec is planning to launch its organ transplantation drugs to Latin American and South East Asian markets.
The World Health Organisation has given $ 2 million to a Pune based vaccine making firm to develop and manufacture swine flu vaccine.
A gold-encrusted dagger belonging to Mughal emperor Shah Jahan is expected to fetch 500,000 pounds when auctioned at Bonhams on Thursday.The dagger is part of the collection of Islamic and Indian art and artefacts of the late textile businessman Jacques Desenfans.The inscriptions in nasta'liq script on the blade include Shah Jahan's official titles, date and place of birth, and the honourific parasol.
Australian Prime Minister John Howard will visit India sometime early next year. \n\n
Amid the dispute between India and China over exploration in South China Sea, the United States on Tuesday said the laws of the seas should apply and issues should be addressed through dialogue.
Differences among the Association of South-East Asian Nations came to the fore on Tuesday night when 10 heads of governments aborted a briefing by United Nations Special Envoy Ibrahim Gambari on the Myanmar situation after Prime Minister Gen Thein Sein strongly opposed the move.
Despite no real change in the economics governing their industry, coinciding with the lean season, low fares on domestic sectors -- as promised by the airlines -- are suddenly back. The drop in fares, in many instances, is quite significant.
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.
Not just Vietnam, but other countries in the region like Philippines, Malaysia and Thailand, have also expressed an interest in acquiring the BrahMos cruise missile. Debalina Ghoshal explains the significance of the move.
Thai carrier Nok Airlines on Tuesday said it was looking to expand its reach in India to cash in on the growing interest of consumers from the country to go shopping in the south-east Asian nation.
Indonesia's foreign ministry could lodge a formal protest over the incident, Transport Minister Hatta Rajasa reportedly said.
Singapore Airlines and Jet Airways announce that normal flight operations in and out of Mumbai would resume from Thursday.
Emu happens to be the second largest bird in the world and is an Australian version of Ostrich. It belongs to the ratite group and have high economic value for their meat, eggs, oil, skin and feathers. Emu farming began in a small Emu farm in Kharanga (Gode) village in neighbouring Wardha district and it has spread its wings across Vidarbha.
Outbound travel from India to the south east Asian destination of Malaysia is expected to see a dip of 20 to 40 per cent with the Malaysian government cancelling the visa-on- arrival facility for Indian travellers, effective August 1.
India is considering making concessions on the five-year standstill period for duty cuts on crude and refined palm oil
"Greater connectivity is also central to the idea of regional economic integration," the prime minister said in his speech at the fifth India-ASEAN summit in Cebu, Philippines.
This will hit the Indian plantation sector as it is not competitive, cost wise, and will be wiped out from the domestic market as well as from the export market, according to D P Maheshwari, president, United Planters' Association of Southern India.
India, who beat Syria 1-0 in the final of the tournament in 2007, are placed in Group A along with Lebanon and Palestine, who replaced Thailand after the South East Asian country refused to send their national 'A' team. Syria, Kyrgyzstan and Sri Lanka make up Group B.
'China-India relations are now in the best shape in history. Bilateral ties have entered a new stage of comprehensive development and neither side views the other as a threat.'
India's largest auto maker Tata Motors on Tuesday said it will set up in Myanmar a heavy truck manufacturing facility with a capacity of 1,500 units per annum.
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
Klaus Steilmann, one of the largest German apparel firms, on Wednesday said it would set up a manufacturing unit in India by 2005 with an investment of about Rs 28 crore.
Malaysia has said that about 2,000 foreign workers are expected to be laid off over the next two months and repatriated as the global recession slowly made its presence felt in this south east Asian nation.
Steven Dias and Sunil Chetri scored a brace and N P Pradeep and skipper Bhaichung Bhutia chipped in with a goal each as India started their Nehru Cup campaign with a bang.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances