Tag: India

• Thursday, October 20th 2011 - 07:05 UTC

  IBSA group plans 25bn trade and FTA with Mercosur and Sacu

  

  In an attempt to accelerate talks on a trilateral free trade agreement (FTA) , the India-Brazil-South Africa (IBSA) summit decided to hold an annual meeting of trade ministers from the three countries beginning from March next year.

• Saturday, September 17th 2011 - 02:54 UTC

  China loosing edge to Asian neighbours as world’s cheapest place to manufacture

  

  China is losing its edge as the world's cheapest place to manufacture goods, a new report suggests. Indonesia and Bangladesh are benefiting most as rising costs in China force firms to switch production, it says.

• Saturday, September 10th 2011 - 00:34 UTC

  India and Uruguay sign agreement to avoid double taxation

  

  India and Uruguay signed this week a Double Taxation Avoidance Agreement (DTAA) for avoidance of double taxation and prevention of fiscal evasion with respect to taxes on income and capital.

• Wednesday, June 8th 2011 - 23:16 UTC

  Brazil, India, Russia increased global proven oil reserves by 0.5% in 2010 says BP

  

  Global proven oil reserves rose by 0.5% in 2010, boosted by increases in Brazil, India and Russia, according to British Petroleum. Deposits advanced to 1.3832 trillion barrels at the end of last year from a revised 1.3766 trillion in 2009, BP said in its annual Statistical Review of World Energy.

• Monday, May 16th 2011 - 03:14 UTC

  Brazil, India current account deficits leads to ‘inevitable’ crisis warns China

  

  China will be able to avoid a financial crisis that is due to hit other developing countries over the next five to 10 years a central bank adviser was quoted as saying on Saturday.

• Friday, May 6th 2011 - 02:14 UTC

  Iron-ore price doubles in a year; Brazil Vale’s profits soar to 6.8bn in first

  

  Brazil’s Vale, the world’s largest iron ore producer, posted a record quarterly profit as mineral prices and sales of metals including copper and nickel surged. Net income increased to 6.83 billion USD from 1.6 billion, in the year-ago period, Vale announced Thursday in a regulatory filing.

• Friday, May 6th 2011 - 01:40 UTC

  Indian lab opens facility in Argentina to act as global hub for cancer drugs

  

  India’s Glenmark Pharmaceuticals on Thursday said it has opened its new facility in Argentina which would serve as a global hub for cancer treatment drugs.

• Wednesday, May 4th 2011 - 15:51 UTC

  Argentina promises to review ban on Indian imported pharmaceutical products

  

  Argentina has assured India of reviewing a ban on imported pharmaceutical products and announced the purchase of drugs worth 150-200 million US dollars from Indian firms, a statement said Wednesday.

• Thursday, April 28th 2011 - 02:38 UTC

  Indian minister visits Uruguay and Argentina to promote trade with Mercosur

  

  A top level Indian business delegation headed by Minister of state for Commerce and Industry Jyotiraditya Scindia is travelling to Argentina and Uruguay to boost ties with Mercosur, according to the Indo-Asian news agency.

• Saturday, April 16th 2011 - 00:09 UTC

  China’s trade with BRICS associates surged 45.8% in the first quarter

  

  China's top customs authority announced Friday that trade with the other four BRICS nations surged by 45.8% to reach 59.9 billion US dollars in the first quarter of this year.