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.
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.
China is far from normalizing soy-oil purchases in Argentina since it has not placed new orders according to the Argentina Cooking Oil Industry Chamber, CIARA. However the industry has managed to diversify markets.
International health journal Lancet on Friday accused the Indian government of being in denial over the issue of presence of drug-resistant bacteria NDM-1 in the public water system of Delhi and argued that the debate over the naming of the bug should not detract one from the health implications of the findings.
India's population has grown by 181 million people over the past decade to 1.21bn, according to the 2011 census. More people now live in India than in the United States, Indonesia, Brazil, Pakistan and Bangladesh combined.
India replaced China as the world’s top weapons importer, according to a study by the Stockholm International Peace Research Institute, SIPRI, as it aims to modernize its armed forces and project power through the region.
Global construction will outpace GDP growth over the next 10 years, with China and India accounting for 38% of the 4.8 trillion US dollars increase in output by 2020, PricewaterhouseCoopers (PwC) said this week.
Rapid growth of emerging economies like China, India and Brazil is boosting the American exports, US Treasury Secretary Timothy Geithner has said.
India is reaching out to emerging markets and Latin America, and more precisely Mercosur is a strategic priority, said India’s Minister for Commerce and Industry Jyotiraditya Scindia addressing the Confederation of Indian Industry (CII) India-Uruguay business conference that hosted a large Uruguayan business delegation led by the country’s Vice-President, Danilo Astori.
India pledged on Thursday greater economic cooperation with Uruguay in sectors such as agriculture, pharmaceuticals, textiles, automobiles, machineries and IT. In 2009-10, bilateral trade stood at 64.3 million US dollars.