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…
As India’s stock markets hit two-year highs this week, Chinese stocks are losing money — and how
This year Bombay Stock Exchange’s Sensex is up almost 3% through the end of Wednesday, while China’s benchmark Shanghai Composite Index is down 25%, putting India ahead by a whopping 28 percentage points. So, why this stark differentiation between the stock markets of the world’s two largest emerging countries? (more…)
Philanthropy: Sunil Mittal building 550 schools to educate 1 lakh children
Gurbheg Singh, a teacher at the Sathya Bharti School in Khanpur village in Punjab, remembers Harpreet Kaur as a shy little girl. She spent the early minutes of her first day at school in 2007, fiercely determined not to come out of hiding from behind her father’s legs. Singh had…
To avoid chaos, IGI Terminal 3 operations to be shifted in one go
New Delhi: The inauguration of Terminal 3 from next month will make life easier for flyers. Unlike last year when domestic airlines started migrating to new departure terminal 1D in phases in mid-July, this year all the designated airlines will shift operations to T3 not in a phase-wise manner…
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…
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,…
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…
India’s economy to grow by 8% in 2010-11: President
NEW DELHI: The government on Monday said providing relief to ‘aam admi’ from higher food prices will remain its top priority and expressed confidence the economy would grow by 7.5% in 2009-10 and at an even higher pace of 8% in the coming fiscal. (more…)
The Thailand Trade Representative Office (TTR) plans to support the expansion of small and medium-sized enterprises in overseas markets such as Bahrain, India and other Asian countries.
TTR president Kiat Sittheeamorn said that apart from the focus on Bahrain and India, potential existed in other markets in the Middle East, particularly in residential construction. The TTR has held negotiations with five property development and building associations, whose members are seeking government support to expand abroad. The talks…
India Import and Export – Part I – India & ASEAN Trade Relations
Mutual trade between the two countries clocked US$4.11 billion in 2007-08 as opposed to US$ 3.18 billion in 2006-07. In between April-December 2008-09 India exported goods worth US$ 1.44 billion to Thailand. The sectors in India that have seen Thai investment in the areas of hotel & tourism, food processing,…