Trade
US designates India as major defence partner
09 Dec 2016
India’s 'Major Defence Partner’ status has also been made a part of the India Amendment in the National Defence Authorisation Act, 2017, which makes it obligatory for successive governments to adhere to these commitments
India looks to swap Russian gas for Myanmar's with China
08 Dec 2016
The cost of transporting gas over the proposed Russia-India pipeline would be around $4 per mmBtu, against $2 on the Turkmenistan-Afghanistan-Pakistan-India pipeline and $1 on the Iran-Pakistan-India (IPI) pipeline
India’s share of world merchandise trade declined to 1.6% in 2015: WTO
29 Nov 2016
The country’s share in global export of services increased from 3.2 per cent in 2011 to 3.3 per cent in 2015, WTO data showed
India, Israel to expand defence, security ties
16 Nov 2016
Visiting Israeli President Reuven Rivlin will sign agreements on education, including exchange of students and faculty, reflecting the growing cooperation in education between the two countries
Trade war looms as Trump leaves his election rhetoric unrepaired
15 Nov 2016
US President-elect Donald Trump's campaign vow to revisit trade policies that he said leave America at an unfair disadvantage is expected to trigger trade war with China
Israel President Reuven Rivlin lands in Mumbai for six-day India visit
14 Nov 2016
Indian and Israeli universities are expected to sign around 15 MoUs in the field of research besides promoting exchange of faculty between the two countries during President Reuven Rivlin’s visit
India, Japan finally sign civil nuclear agreement
11 Nov 2016
Japan is in competition with its bigger neighbour, China, to clinch bullet train deals with India after it lost out to China on a similar deal with Indonesia last year, and is set for a face-off again over a proposed Singapore-Kuala Lumpur link
India and UK agree on IPRS, ease of doing business and extradition
08 Nov 2016
The one tangible outcome of Theresa May’s three-day India visit could be an early extradition of industrialist Vijay Mallya from the UK to face probe in the money laundering case against him
Theresa May rejects calls to relax UK visa rules
07 Nov 2016
While Britain’s priority is to encourage businesses set up shop in the UK, Indians on work visas will be allowed to join the Registered Travellers Scheme to get through UK border controls more quickly
China trying to stall exports from India: report
04 Nov 2016
China has built up its huge trade surplus with India at the cost of several small-time Indian exporters by erecting non-tariff barriers to foil attempts to export manufactured goods to China
Modi’s Japan visit seen clinching civil nuclear deal
04 Nov 2016
While a civil nuclear cooperation deal with Japan would open up the Indian market for Japanese nuclear plant makers, there is political and moral resistance to Japan signing a nuclear deal with India, particularly after the Fukushima disaster in 2011
India, Iran set February deadline for Farzad-B gas field deal
26 Oct 2016
The Farzad-B gas field, which will be developed by a consortium led by ONGC Videsh, is estimated to have in-place reserves of 18.75 trillion cubic feet of gas