India on Wednesday asked industralised countries not to put the onus on developing nations in bringing down greenhouse emission levels as it would affect their development.
Consumers can expect duty-free imports of a range of products like capital goods, some textiles, electronic goods and chemicals from next year after India successfully concluded negotiations on a Free Trade Agreement for goods with the 10-member Association of Southeast Asian Nations in Singapore on Thursday.
Liverpool supporters in Singapore had no hesitation in making a few financial sacrifices to see their team in action when the 18-times English champions arranged to play a friendly in the city-state Sunday.
The multi-nation exercises were slated to be held in January 2005, but were postponed because of the tsunami tragedy.
Muslim gymnast, Farah Ann Abdul Hadi, of Malaysia was criticised for wearing revealing leotard.
The plant at Magwe, near Yangon, will be funded by a line of credit from the Indian government and is expected to be operational by the last quarter of 2010-11, Tata Motors said.
Wen has postponed an official visit to the Philippines, which was originally scheduled for December 13-14, Foreign Ministry spokesman Qin Gang announced in Beijing on Sunday.
The announcement to admit Pakistan in ASEM was made at Helsinki on Monday following the sixth Summit of the organisation.
Opening the plenary on Tuesday morning, Singapore premier Lee Hsein Loong said the ASEAN leaders will strive to prevent the Myanmar issue "from obstructing efforts to deepen integration and build an ASEAN Community" after the grouping abruptly withdrew an invitation to UN envoy Ibrahim Gambari to address the summit following Yangaon's objection.
Lee Kuan Yew, Singapore's founding father and first prime minister, passed away on Monday at the age of 91.
Indian tourists are increasingly settling for other destinations such as Southeast Asian countries, Australia, and New Zealand.
An airlines industry body has sought reduction in customs and excise duties on aviation turbine fuel and allowing private firms to supply it to bring down prices.
India will not be signing the ambitious Free Trade Agreement with the 10-nation economic bloc, Association of Southeast Asian Nations, at the 4th East Asia summit to be held in Thailand on April 11 and 12. Commerce Minister Kamal Nath will be attending the summit, where the seventh India-Asean meeting is also scheduled at the same venue.
At least 35 per cent, or $400 billion worth of goods, that are sourced from China could shift to countries such as India, Thailand, Vietnam among others over the next 10 years, according to a study by US-based retail and supply chain solutions firm DCB and Company. India is expected to take the lion's share of volume shift compared to its counterparts in the region, the study says, due to its IT prowess, infrastructure and agents network.
Jet Airways chairman Naresh Goyal said his airlines, if given permission, would start off by flying to Southeast Asian countries.
China will honour its Free Trade Area agreements with its trading partners, levy negotiated tariffs on some Indian goods
The Association of Southeast Asian Nations is expected to sign a free trade agreement with India next week, Malaysian International Trade and Industry Minister Rafidah Aziz has said.
"The decision has nothing to do with warnings from the United States, Britain and Australia earlier this week that terrorists were planning to bomb the gathering."
'Manipur is critical to India's Look East policy.' 'It's a strategic state. In the Second World War, the Japanese entered Manipur through Burma.' 'China can use the same direction to approach India.'
A combination of one of the lowest labour costs and a large surplus workforce, which will continue to grow until 2031, is one of the key competitive edges that India is leveraging to challenge its rivals in Southeast Asia in the race for a China-Plus-One strategy. Apart from India, the countries in the race to woo global companies that manufacture in China, as well as the supply chains to their country include Thailand, Indonesia, Malaysia, the Philippines, and Vietnam. On the labour front, India is a clear winner.
Countries negotiating free trade agreements (FTAs) need to keep in mind eight "myths" which surround these pacts, like they lead to accelerated increase in exports and promote domestic manufacturing, according to a report by think-tank GTRI. The report by Global Trade Research Initiative (GTRI) claims to dispel these 'myths', including that FTAs weaken the WTO (World Trade Organisation), countries are rushing to do FTAs, and these pacts promote investment and lower prices. It is "erroneously" believed that most world trade happens through the FTA route, but in reality, it is less than 20 per cent, said the report titled 'FTAs: Fabulous, Futile, or Flawed?'.
Sotheby's auction will be followed on Thursday by Christie's.
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.
'Many countries believe that if they join BRICS, they will be seen as emerging countries and their stature will be enhanced.' 'G-20 still has common action plans while BRICS does not do that much.'
Vroom! Indonesia president a hit on social media after motorbike stunt
Close on the heels of proposing an 'open sky' agreement with 10 Southeast Asian countries, the government said on Wednesday that it is working on a similar move for other countries
Those in the soccer competition that started ahead of the main event beginning on Saturday have borne the brunt of the disruption.
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