Iran and India broadening Trading opportunities
In tune of the changing business environment of the world, Iran is exploring the new trading avenues in the world's 5th largest economy i.e, India. During the seminar hosted by the Confederation of Indian Industry(CII), delegation of the Iranian..... more...
The first quarter of the year 2008 has brought lots of cheers for the Indian coffee industry as an upward trend has been notified in terms of the quantity, unit value realization as against of the same....
Seen as the 'needed' relaxation to some key areas facing the ripple effects of the international monetary crisis, the government has make a declaration of providing some sort of relief to....
With a motive of preempting dumping process from the China, the government has come up with a measure of slapping the restrictions on more specific steel imports, which is more widely used....
India and Tajikistan have written the new chapter of their relations when both nations have inked on the Double Taxation Avoidance Agreement (DTAA). With an aim of bolstering the flow of technology....
The monetary crunch has erupted in a wider manner on the wall street of the USA, which in turns resulted into the triumphalism in the Indian territory. The Indian industrial sector has witnessed the....
In the present scenario of 'Nuclear Deal', India and Australia have come closer for embarking a truly significant growth in the trading arena. Both countries are being bound to come closer with a....
Following the recently concluded 'famous' civil nuclear agreement between the India and the USA, the joint task force brushed out their 5th meeting on commercial nuclear cooperation in....
The India's Union Minister of Commerce and Industry, Mr. Kamal Nath has reiterated the importance of trading relations with Brazil during his bilateral meeting with the Brazilian Minister for Development ....
In tune of the changing business environment of the world, Iran is exploring the new trading avenues in the world's 5th largest economy i.e, India. During the seminar hosted by the....
India has been placed among the group of top fifty countries on the World Economic Forum's(WEF) Financial Development Index. Inspite of their monetary structure is ravaging their economic structure....
Its a cheers time for the Indian tea industry as it is on a comeback stage with an increase in its production and export during the first 8 months of 2008. Moreover output between January-August, 2008 have....
India's insurance sector is zooming to show an unprecedented progressive growth of more than 200% by the period of 2009-09. The Associated Chambers of Commerce and Industry....
The Asian Development Bank(ADB) has stepped ahead for helping India in boosting the infrastructure projects with the motive of attracting investment from the private sector with the modality of the public ....
With an attempt of bailing out the aviation sector for maintaining its part of the bargaining, the United Progressive Alliance (UPA), has waived out the 5 per cent basic custom duty on....
Deviating from its earlier directions, the UPA government has allowed shipping of 25,000 tonnes rice from the 2 units of the Pondicherry and Andhra Pradesh. In the notification issued by the....
India and the United Nations Industrial Development Organization (UNIDO) has entered into $42 million Country Programme 2008-2012 for fostering the....
India is targeted to achieve $660 billion merchandise exports in next 7 years at 23 per cent of the annual growth rate. The growth optimism is strengthened by the ....
With a figure of around 110.01 million connections, Indian telecom industry is characterized as the 5th largest and fastest growing sector of the world. The Indian mobile sector has ....
With a rein to foster the growth rate in the leather industry, the UPA government has approved more than Rs 912 crore for the progress and development of the industry under the ....
The finance ministry has decided to allow central excise duty abolition on ultra mega power projects (UMPPs) for procurement of goods. Such waiver is granted for settlement ....
India has witnessed an unforeseen increase in its tobacco exports, which has escalated by 55% to reach at $169 million in first quarter of 2008/09. The shortfall at the international level has forced ....
The UPA government has decided to levy anti dumping duty across the various categories of the colored picture tubes(CPTs), imported by the manufacturers. The move is likely to be taken with a motive of ....
The Telecom Regulatory Authority of India (TRAI) has make out the pathway for the ‘mobile virtual network operators (MVNOs) in the Indian telecom market and has suggested the introduction of ....
The UPA government is firm on their decision for not slashing down the ban on non basmati rice export for next 3 months. The empowered group of ministers(EGOM) here in their meeting make out the statement for not lifting the ....
For promoting the century old traditional textile industry of the Jammu & Kashmir, the Khadi & Village Industry Board (KVIB) is coming up with its programmes and policies for rural and remote areas of the state. The KVIB has formulated its plans for ....
Dotting the importance of regional groupings after the collapsible of the WTO talks, India, Pakistan, Sri Lanka with 5 other south nations has pledged to curtail the trade restrictions for spurring the growth rate in the ....
After the budget announcement of writing off
loans in agriculture, the UPA government is all set ready to give
new gift package to the agricultural sector by decreasing the price
of some of the fertilizers varieties by an average of ....
Keeping the ahead monsoon season into
consideration, India has lifted the ban on cement export but has
allowed permitted shipments only through gujarat ports. In the
monsoon season local demand of cement as construction material comes
down, which automatically escalates ....
For boosting the domestic stocks, the UPA
government here slashed down the custom duty on the import of the
raw cotton and withdraw the export incentives of 1% on the raw
cotton export. The rationale behind the government move is to
increase the ....
India's spice sector is zooming at great pace.
During the time period of April-June 2008, the export of various
spices and spice products have shown a remarkable increase of 23%
both in terms of their quantity and value. India is producing more
than 4 million tonnes of ....
The world's 11th largest economy, Brazil has
been strongly consolidated its status as the leading agro food
producer and supplier in international arena. With an aim of
boosting the agricultural sector, the Brazilian government has come
up ....
The step considering towards boasting the
India's coffee trade in international arena, the UPA government has
showed positive remarks towards signing and ratifying the
International Coffee Agreement (ICA), 2007. The ICA is established
as the United Nations pact for formation of the ....
Micro Imaging Technology (MIT) has ventured out
a Material Transfer Agreement with the Agricultural Research
services (ARS) for identifying and evaluating the MIT 1000 system
for rapidly classifying and identifying the bacterial pathogens. At
present ....
June 11, 2008 has been registered as the
memorable day in the 47 years old history of India's largest pharma
company, Ranbaxy Laboratories. The $9.62 billion, No.3 company of
the Japan, Daiichi Sankyo has acquired 51% stake in the ....
India has signed the revised Double Taxation
Avoidance Agreement (DTAA) with the Syrian Arab Republic during the
visit of Mr. H.E. Bashar Al Asad, Syria's president to India. The
move has been taken for preventing arise of any fiscal evasion in
respect of taxes on income. The agreement was signed by the ....
There is somehow linkage existed between the
agriculture and your daily grocery bill. When crude oil prices are
skyrocketed in the international arena, it becomes difficult to keep
....
Incepted in 1980, NASSCOM is registered under
the Indian Societies Act, 1860 for easing down trading activities in
various fields of software and services and for boosting the
research advancement in software technology. The apex trade body,
NASSCOM is considered as the ....
The surge of food prices in global arena was
mooted as a hot bound question during the formal meetings of the
International Monetary Fund and the World Bank on 12th -13th April
2008. These spring meetings were scheduled for discussing role of
the World Bank and International Monetary Fund in curtailing down
poverty rate in global economy, especially in Africa by ....
Indian economy has reached to a landmark of 9%
GDP in 2007-08. Robust agricultural sector has pushed the GDP to 9%
even when the manufacturing sector fails to live up the expectations
of higher growth. The economy has boomed at ....
Taking a quick action on the reports concerning
to misusing of tax concessions, available on importing of vehicles
by hospitality and tourism sector, the government has further
tightened the norms for import of high cars and sports vehicles used
by travel agents, hotels and tour operators. According to the
Directorate General of Foreign Trade (DGFT), vehicles which are
being using for ....
India is a country which is endowed with high
quality natural stones like marble, sandstone, granite etc. The
nation is characterized as the home to inexhaustible resources of
various types of dimensional stones which are dissipated in
throughout the country. India has more than 11% export share in ....
In the Budget 2008-09 speech, finance minister
Mr. P. Chidambaram has thrown light on the present status of small
and medium enterprise. He said that there has been considerable rise
in the number of registered units, unregistered units, production,
export and employment. As per an estimate small scale industries
produce more than ....
The government has revised norms and regulations
for merging & acquisition (M&A) between telecommunication
companies within a same circle. Declaring the guidelines and
regulations, the Department of Telecommunication (DoT) said that
prior approval for ....
One of the most eminent trade fair, 'Indiamart
Umex 2008' bid its final adieu to its visitors on 24 May, 2008. This
3 days event was overlooked as one of the pivotal hub in sourcing
used machinery and allied products. The event has transited itself
into country's leading trade fair of its kind. The Indiamart Umex
2008 event unveiled the global avenues for ....
Crude oil is one of the most necessitated
worldwide required commodity. Any slightest fluctuation in crude oil
prices can have both direct and indirect influence on the economy of
the countries. The volatility of crude oil prices drove many
companies away. Therefore, prices have been regularly and closely
monitored by economists. Now a days prices have shoot up to record
levels of USD 125 per bbl. This is an increase of nearly ....
With the dawn of globalization, the Indian
hospitality industry has set new benchmarks of development and
progress. The Indian industry is on a roll as both leisure and
business travelers are taking keen interest in becoming part of
India's soaring hospitality sector, which in turns ....
The International Organization for
Standardization, popularly termed as ISO, is the world's largest
quality standards developer since 1947. ISO standards offer enormous
opportunities by making international trading procedures more safer
and easier. ISO standards are generic quality ....
Scam arising out of the internet can be put
under different heads. It can be of various types, from
misappropriate use of credit cards to fake investment and even a
commercial transaction with a company....
To tame the surging inflation, the Indian
government has completely slashed down the import duty on several
varieties of rice to nil. To curb down the rising pricing of rice in
international market, the UPA government would allow duty free
import....
After a long engagement of conflict with the
steel makers, the UPA government decided to mull 15 per cent export
duty on different steel products in a bit to slash down the rising
prices of alloy. But various steel items or/and products like bars,
rods, pig iron....
The Union Budget 2008-09 was announced in the
parliament on 29th February 2008 by finance minister Mr. P
Chidambaram. This year budget evokes mixed response in industrial
arena. Where it is welcome by automobile sector and pharma industry,
it slightly falls below the....
The internet has made the process of finding
suppliers easier and more dynamic with B2B websites which are
offering supplier company profiles, and also online catalogs and
other necessary details. But finding the right supplier is a
question, beyond physical boundaries. Given below are some ...
An informed buyer is a happy buyer. Suppliers
should always keep briefing about the queries of a buyer, either
online buyer or a physical one. Take some extra time and let your
buyers know about the product, manufacturing duration, mode of
payment...
Protecting card details is the primary security
risk with electronic transactions. Both, the software as well as the
hardware companies have invested a great deal to completely protect
online data and build up customer confidence. In today's online
climate...
Samples play a vital role in overseas trading.
It is a single product sent to a buyer from a seller representing
the size, look, quality and other product related details in order
to receive a large order from the customers ...
There are many ways in which an importer can pay
to the exporter. But the four basic mode of payments, which takes
various shapes of payments, are Payment in Advance, Open Account
Payment, Documentary Collections...
India, an expanding middle class, a higher
disposable incomes and proactive Government policies have underlined
the explosive growth of the Indian industries. Over the last decade
(since 1991), the market has opened up to global majors and today...
Shipment inspections are independent assessments
carried out before or after shipment. It is known as either
pre-shipment or post-shipment and offers invaluable tool to protect
importers from the risks of International trade...
IndiaMART Amtex 2008- Opened a global
pathway to intercept Machine Tool Industry
One of the asia's biggest trade fair on Machine Tool Industry,
IndiaMART Amtex 2008, was the 5th edition of the huge successful
AMTEX (Asian Machine Tool Exhibition) series of events...
