Posts Tagged ‘country’

Trade minister rejects EU social clauses

India will not agree on social or environmental targets as part of an EU trade agreement, and does not support EU plans to help flood ravaged Pakistan with export concessions, the country’s trade minister said.

China raises bank reserves 3rd time in a month

BEIJING (Reuters) – China’s central bank on Friday raised the amount of money the country’s lenders must keep on reserve for the third time in a month, following a spate of robust data that strengthened the case for policy tightening.

India to widen telco probe as Ratan Tata backs govt

India on Thursday widened a probe into the country’s biggest corruption case to include decisions made during the main opposition party’s rule, a move that may take steam out of a campaign against the government.

PM leaves on visit to Belgium, Germany

Prime Minister Manmohan Singh on Thursday left for Belgium to attend the 11th India-EU Summit aimed at furthering the country`s strategic partnership with the European Union.

Container traffic to grow at 11% CAGR over next 5 years: Angel

Angel Broking believes that sustained growth in the Indian economy with GDP growth expected at 8.5% over the next few years, as well as emergence of India as a global outsourcing hub will facilitate the country`s container trade. In the current decade, container traffic registered 12% CAGR compared to the 9% CAGR posted by the total traffic at the major ports.

Police go after exminister A Raja in telecoms row

Officials of the Central Bureau Investigation (CBI) found what they said were “incriminating documents” in raids on homes and offices of a former telecoms minister on Wednesday in connection with the country’s biggest corruption scandal.

CBI goes after former telecom minister A Raja

The Central Bureau of Investigation (CBI) on Wednesday began searching the home and offices of a former telecoms minister in connection with an alleged corruption case, which has sparked a political deadlock in the country.

China’s tech dreams may see more IP buys

Chinese companies are poised to acquire smaller, intellectual propertyrich (IP) technology firms overseas, fuelled by the country’s ambitious drive to converge its television, telephone and Internet networks.

Ireland budget: FM says BoP to record small surplus in 2011

Irish Finance Minister Brian Lenihan has said that the country’s balance of payments will have a small surplus in 2011.

China`s first gold fund eyes global ETFs

China’s Lion Fund Management Co, which is launching the country’s first gold fund worth up to USD 500 million, is examining a dozen goldbacked exchangetraded funds (ETFs) on the global market as potential targets, including SPDR Gold Trust, a senior executive said on Tuesday.

Talwalkars launches health club in Jaipur

Talwalkars Better Value Fitness , the country`s largest chain of health clubs with over 76 gyms across 39 cities, has now launched its second health club in Jaipur, Rajasthan. Over the last year, Talwalkars has been aggressively undergoing an expansion drive that is spreading fitness to new cities such as Rajahmundry & Rajkot, along with other cities in the North and East. Speaking on the occasion,

China’s GDP is ‘manmade’, unreliable: Leader

China’s GDP figures are “manmade” and therefore unreliable, the man who is expected to be the country’s next head of government said in 2007, according to US diplomatic cables released by WikiLeaks.

Supreme Court questions govt over CVC chief Thomas

The Supreme Court on Monday questioned the appointment of the country’s top anticorruption official, local media and a lawyer said, in a victory for the opposition and another blow for an embattled government that has become mired in corruption charges.

India, France unveil deals worth upto $20 bn

France’s President Nicolas Sarkozy on Monday unveiled upto USD 20 billion worth of defence, atomic energy and civil aviation deals with emerging market giant India during a fourday trip to the country.