Trade
Saarc summit in limbo as India, 3 other members pull out
28 Sep 2016
A Saarc summit cannot be held if a single member decides to boycott it, and therefore, it is not necessary for every member country to declare whether it will attend or not
India to invest $2-bn in Sri Lanka in four years
28 Sep 2016
India loses appeal against WTO solar panel ruling
17 Sep 2016
The ruling comes at a time when India has dragged the US to the WTO over America’s domestic content requirements and subsidies provided by eight states in the renewable energy sector
China sets up agency to promote investments with India
17 Sep 2016
China is setting up a new trade body to promote and coordinate Chinese investments and businesses with India, a first such initiative taken by the government of the Communist country
India extends $750-mn line of credit for quake relief in Nepal
16 Sep 2016
India also agreed to extend additional line of credit for new projects such as Phase-2 of Terai project, roads, power transmission lines, substations and a polytechnic in Kaski
India set to sign $8.8-bn deal to buy 36 Rafale fighter jets
16 Sep 2016
The $8.84 billion deal that incorporates a 50 per cent offset clause, could fetch orders worth around $4 billion for Indian companies, generating thousands of jobs
India's trade deficit narrows as import slide outpaces export fall
15 Sep 2016
Trade deficit for April-August 2016-17 is estimated at $34.67 billion, which is 40.61 per cent lower than the deficit of $58.38 billion during April-August 2015-16
India pledges $1 billion in aid to Afghanistan
15 Sep 2016
Afghanistan, which survived the Soviet invasion of 1979 and a prolonged Taliban insurgency since then, however, needs to fend for itself as the United States scales back its military presence in the country
Rupee plummets to 67.07 a dollar on devaluation rumours
15 Sep 2016
India's merchandise exports fell 6.8 per cent year-on-year in July, which took month’s trade deficit to $7.8 billion, even as India appetite for global products remained unsatiated
India, Russia explore feasibility of gas pipeline
14 Sep 2016
An industry level working group led by Gazprom, biggest Russian gas company, and a consortium of Indian oil and gas companies is studying the feasibility of a gas pipelines for direct gas delivery from Russia to India