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latest economy reports

Chabahar port construction will not be affected by politics: Iran

Tehran: Recent political developments will not affect the cooperation between India and Iran over the 150-million dollar deal for the construction of two container piers at Chabahar Port in sou..Read More

SAFTA: A First Step towards South Asian Economic Union?

Free trade areas (FTAs) are often compared to flying geese that make cooperative efforts to reach a desirable destination. Yet, a FTA is the basic step towards a greater economic interaction and integ..Read More

Indo-ASEAN Free Trade Agreement (FTA) to be signed next month

New Delhi: After free trade agreements with SAARC, Singapore and Thailand, India is likely to enter into an Free Trade Agreement (FTA) with ASEAN next month, Prime Minister Manmohan Singh said ..Read More

Afghanistan pushing for land link with India

Dhaka: After becoming a SAARC state, Afghanistan will try to negotiate a land route to India via Pakistan and a seaport facility in Pakistan, but Pakistan is already putting objections.While as..Read More

India to push SAFTA at SAARC Summit in Dhaka

New Delhi: Calling for boosting the process for intra-regional trade among the South Asian countries, Prime Minister Manmohan Singh today felt that South Asian Free Trade Area (SAFTA) agreement..Read More

Kashmir, India and Pakistan: From Massive Calamity To A New Opportunity?

The 8 October 2005 earthquake measuring 7.6 on the Richter scale had its epicentre 100 km north of Islamabad. The worst affected areas are in PoK, where the death toll has crossed 50,000 as on 21 Octo..Read More

Brazil Regrets its China Affair

S A couple of years later, the romance is on the rocks because of a massive tide of cheap Chinese imports flooding Brazil. Meanwhile, Mr. da Silva is facing criticism at home for having moved too quic..Read More

India a better market than China: Time Warner

The Chief Executive of Time Warner Inc., the world's largest media company, said today that India is a better market than China for immediate growth for his firm because the country offers strong..Read More

E.U. Plans for Alternative Energy

On September 12, a group of European deputies announced the creation of a broad platform designed to find the quickest way to a European hydrogen-based economy, thus ending the E.U. countries' de..Read More

India's foreign exchange reserves surge by 42 mn USD

The Reserve Bank of India's weekly statistical supplement on Foreign Exchange reserves has revealed that country's foreign reserves have registered an increase of 42 million US dollar duri..Read More

India on the growth bandwagon

The Global Competitiveness Report 2005-06 published last week by the World Economic Forum had some surprises. While China slipped up by 3 spots, India climbed 5 places in the ladder. The Economi..Read More

India, Russia to set up panel for economic accord

Giving a significant thrust to their bilateral relationship, India and Russia will set up a joint study group to explore the possibilities of a Comprehensive Economic Cooperation Agreement."Politicall..Read More

India-Israel to ink bilateral economic agreement

Chandigarh, Aug 11 (PTI) Israel today said it would sign a bilateral economic agreement with India by the end of this year to further scientific and technical relations. "The potential of Israel depen..Read More

China to buy 42 Boeing 787s for $5.04 billion

Beijing, Aug 8 (DPA) Four Chinese airlines have placed an order with US air plane manufacturer Boeing for 42 new generation 787 Dreamliners in a deal worth $5.04 billion. The contract was signed here ..Read More

Bangladesh blocks superhighway project

5 August 2005: The Asian superhighway project has hit a roadblock, because China has convinced Bangladesh that its trade interests would be better served by linking Chittagong with Kunming, but plans ..Read More

America reacting to the Chinese threat

China has been selling its relatively cheap but lower quality products with ease both to US and EU. With US, China is running a trade deficit of about $100 billion a year. A similar trade deficit exis..Read More

India, China account for only 1.6 % of jobs from US firms

Washington, July. 29 (PTI): India and China account for only 1.6 per cent of the total employment of US multinationals by way of outsourcing, the Government's figures have revealed, dispelling no..Read More

India-Myanmar Gas Pipeline: With or Without Bangladesh?

The growing energy needs of India have prompted it to explore newer sources of supply. In this quest of India, Myanmar has now emerged as an important partner. Huge reserves of oil and gas has been fo..Read More

China revalues the yuan (Chinese currency)

China has revalued its currency, the yuan, for the first time in a decade - a move welcomed by the US, a long-time critic of its exchange-rate policy.The reform is being seen as the first step towards..Read More

Pak opposes India buying gas directly from Iran

New Delhi, July 19 (PTI) Pakistan has opposed India's plan to buy gas through the proposed 7.4 billion US dollar Iran-Pakistan-India pipeline at Rajasthan border directly from Iran, saying Tehran..Read More

Indo-Iran pipeline fraught with risks: PM

Washington, July 21 (PTI) Observing that the proposed multi-billion dollar Indo-Iran gas pipeline via Pakistan is fraught with risks, Prime Minister Manmohan Singh has said he did not know if any inte..Read More