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Indo-Thai trade to touch $1 bn in 2011

Bangalore: The bilateral trade between Thailand and India would touch $1 billion in 2011, said Chanchai Charanvatnakit, Thai Council general in India.Last year the bilateral trade between the two countries stood at $ 850 million with a majority of transactions coming from the sectors like pharmaceutical, plastic, construction materials and textiles. He said both the […]

Thai Indian entrepreneur’s wealth soars by 252%

The ongoing political turmoil in Thailand has apparently not prevented the kingdom”s richest people from getting richer.The biggest gainer in percentage terms is longtime Thai Indian resident Aloke Lohia. His wealth soared by 252 percent when he took his integrated polyester company, Indorama Ventures, public earlier this year. This son of an Indian entrepreneur is […]

India will need 1,150 planes worth $130 bn: Boeing

Major aircraft manufacturer Boeing revised upwards its market outlook for India saying the country would require 1,150 planes worth $130 bn over the next two decades. The company, which had earlier estimated that 1,000 planes worth about $100 bn would be required in the country in the same period, revised its outlook on the basis […]

India targets double digit growth in 2012

India has set an ambitious target of making 2012 the year of double digit growth even as it grapples with the twin problems of mounting deficit and rising inflation. “India is back on a high growth trajectory,” finance minister Pranab Mukherjee said in a presentation here Monday to the Institute of International Finance, a global […]

More South Asia FTAs eyed

Deputy Commerce Minister Alongkorn Ponlaboot yesterday began a four-day visit to India to discuss ways to expand free trade with countries in the Bay of Bengal region.The government hopes to revive free trade talks that have been stalled since June last year, said Mr Alongkorn, who will visit New Delhi, Chennai and Mumbai along with […]

Trinamool, DMK ask for rollback; FM adamant

Not just the Opposition, ally Mamata Banerjee is upset as well. The Trinamool Congress chief has stormed off to Kolkata where her party will protest against the fuel hike Saturday afternoon. Mamata, has joined hands with the Opposition against the increase in petrol prices. She is said to be miffed with Finance Minister Pranab Mukherjee […]


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