The United Progressive Alliance government will continue tax reforms, Finance Minister P Chidambaram said on Wednesday.
"We hope to reach a solution by July 2007," the minister said after the ASEAN-India economic minister's meeting held in Cebu, Philippines.
The Centre said on Wednesday it had made a good offer for the proposed Free Trade Agreement with the Association of South East Asian Nation and is awaiting ASEAN's reactions to it.
The Union government's budget proposals next month would see a "substantial reduction" in customs duties, commerce secretary S N Menon said on Tuesday.
Sterling Group-controlled coffee chain Barista Coffee Company Ltd on Wednesday announced plans to open 60-70 outlets across the country in the next 10-12 months, as part of its expansion plans.
TVS Motor Company would roll out its bikes from Indonesia plant this month eyeing a first year sales of up to 90,000 units in that market amidst plans to spread its wings in the South East Asian region.
This is the same level as the peak rate of the Association of South East Asian Nations.
India has offered further pruning of its negative list of 560 items for Association of South East Asian Nations on which there will be no duty cuts
'We watched the film many times but each time, we would cry.' 'During the editing and sound mixing, my whole team would cry.' 'When we reached the music composing stage, it happened again.' 'Our producer said it is too much to be crying so many times.' 'But we never thought the film would be such a big hit.'
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.
Asserting that India and Pakistan can unite through a common market, Defence Minister Pranab Mukherjee on Friday invited Islamabad to work jointly for developing a trade and economic block, "which could even be a matter of envy for blocks like Europe
India and ASEAN are working on a list of items on which the two sides will bring down tariffs faster and implement it by January next year.
Essar Power, which had recently bid for setting up a coal-fired power plant in Indonesia, said on Tuesday it is eyeing more coal and gas-based plants in the south east Asian country.
By hosting the 10 ASEAN leaders on Republic Day, India amply demonstrated that ASEAN is a central pillar of its Act East policy. But is India 'central' for ASEAN, asks Dr Rahul Mishra.
United States President Joe Biden on Monday hosted a Diwali celebration at the White House that was attended by more than 600 eminent Indian Americans, including Congressmen, officials, and corporate executives, from across the country.
Tourism Malaysia is close to tying up with Indian Airlines and SriLankan Airlines to offer competitively priced tour packages to travellers from India.
The Indian ace easily beat Indonesia's Prima Simpatiaji in the final.
The government on Monday allowed privately-owned Jet Airways and Air Sahara to fly to the Association of South East Asian Nations and raised the seat capacity of Indian Airlines and Air-India to these destinations.\n\n
'For weeks, months and years, it would continue to be debated if India should have pushed the early advantage and decapacitated Pakistan militarily.' 'India refused to bite the provocatively proverbial bullet and escalate it into a full-fledged war,' notes N Sathiya Moorthy.
The Chinese research vessel returned to China a few days ago after being under constant watch of Indian Navy vessels, the sources said.
Air-India is to launch a new subsidiary airline with 25 per cent lower fares with leased Boeing 737-800 aircraft from April next year.
The Mahanagar Telephone Nigam Ltd on Friday announced up to 25 per cent reduction in ISD (international subscriber dialling) rates for calls made to destinations like the United States, the Untied Kingdom and South East Asian countries.
The government on Monday said the South East Asian nations will be allowed to operate daily services to four metros and an unlimited number of flights to 18 tourist destinations in the country, but this cannot be construed as an 'open sky policy'.
The government on Monday said that two-way trade between India and Association of South East Asian Nations had the potential to more than double to $30 billion in next three years but it was necessary to put in place a low tariff regime.
Bharti's private fixed line service provider Touchtel announced on Monday a rate cut of up to 50 per cent in international long distance calls for its customers in Delhi.
RBI Deputy Governor Rakesh Mohan said drastic reduction in subsidies on power, railways and water supply in urban areas is needed to maintain a steady 8 to 8.50 per cent growth.
Singapore Prime Minister Goh Chok Tong said on Tuesday that the deadly flu-like disease Severe Acute Respiratory Syndrome (SARS) could cut growth in China, Hong Kong and Singapore.
