Search Results for: Investment

Gold Imports to Rise, Premiums may Double Ahead of Diwali

After and during the Indian festive season, Indian gold premiums to the global benchmark are also expected to surge by ₹731 to ₹912 for 30 grams, from the current rate of ₹426 to ₹609 an ounce.

Sep 18, 2014

India and China sign 12 agreements including one on 5-years trade and economic co-operation pact

New Delhi, Sep 18 (ANI): India and China on Thursday signed 12 agreements, including one on five years economic and trade development plan. An agreement on audio visual co-production, two documents on railways, another document on work plan for drug administration and a MoU on culture were exchanged between the two countries. An MoU on peaceful use of outer space and a twinning agreement between Shanghai and Mumbai were also signed. Prime Minister Narendra Modi said that Chinese President Xi Jinping has assured that he will take concrete steps to correct the trade imbalance and give more market access and investment in China.

Sep 18, 2014

What Modi Told Jinping over Border Issues, Visa Policy [READ FULL TEXT]

Modi raked up the sensitive border issue, calling for clarification of the Line of Actual Control.

Sep 18, 2014

Modi Speaks Tough on Border Issue with Defiant China, Wins $20 billion Investments

What India will get - $20 billion, industrial parks, new route for Mansarovar pilgrimage, talks on civil nuclear cooperation

Sep 18, 2014

LIVE: Must Resolve Border Issue, says Modi; Signs 12 Key Agreements with China

China to invest $ 20 billion in India over five years

Sep 18, 2014

India cautiously optimistic ahead of Chinese President's maiden visit

New Delhi/ Chushul, Sep 16 (ANI): India is cautiously optimistic ahead of Chinese President Xi Jinping's visit that will seek to allay mutual suspicions and spur economic ties between the Asian giants, with hopes of high investment deals to narrow a yawning trade deficit. Xi Jinping will arrive in Gujarat on Wednesday when Prime Minister Narendra Modi will be marking his 64th birthday. New Delhi and Beijing have a complicated relationship marked by growing economic ties but also distrust, particularly over their unresolved territorial disputes. However, international relations experts like Srabani Roy Choudhury, say the bilateral growth cannot be driven by the two personalities alone as there is a significant trust deficit that needs to be overcome. Congress leader Shashi Tharoor, said the major business delegation accompanying Xi could pledge mega deals during the trip. However, another Congress leader Manish Tewari, questioned Beijing's intentions in the wake of recent reports of Chinese incursions on the disputed Himalyan border.

Sep 16, 2014

Dogecoins Climbs as First US Bitcoin Swap Gets Approval

Experts opine that this sudden boost is short-lived.

Sep 16, 2014

Observers eye on Chinese President's Visit to India

New Delhi, Sep 15 (ANI): Looking forward to Chinese President Xi Jinping's visit to India, observers on Monday opined that both nations will benefit from mutual economic cooperation, rather than indulging in border adventures. Jinping is scheduled to visit India between September 17 and 19.New Delhi's ties with Beijing have long been held back by distrust, mostly over their contested border. But many say that both countries would realise the importance of their relationship with each other, judging that both are two of the fastest growing economies in the world. Incursions by the Chinese troops into India have always left India reeling. Ahead of Jinping's visit, this issue has been on the back of most people's minds. Defence analyst, Alok Bansal, however, feels that such issues are hyped up ahead of important visits like these. Chinese investment will also help narrow a trade deficit with India that hit $31 billion in 2013.

Sep 15, 2014

Yellow Metal Loses Sheen: India's Gold Obsession may Finally be Over

Gold prices fall due to low demand and weak global trend. Investment in gold declined by 67% in June quarter

Sep 12, 2014

Time for Goodbye: HMT to Shut Down Following Continued Losses

The 'timekeeper of the nation' has been unable to generate sufficient revenue to pay remuneration to its employees.

Sep 11, 2014

Madhya Pradesh ideal destination for investments: Shivraj Singh Chouhan

New Delhi, Sept 10 (ANI): Madhya Pradesh, Chief Minister Shivraj Singh Chouhan said on Wednesday that the state being an ideal destination for investments is attracting investors after the good governance portrayed within 100 days of power by the new government. Addressing a news conference in New Delhi, Chouhan said that the investors are showing keen interest to invest after the good governance portrayed within 100 days of power by the new government. Chouhan said that initiatives by Prime Minister Narendra Modi and his government have build up investors' confidence. Meanwhile, Chouhan added that the state is set to welcome investors from India and abroad with a bank of 20,000 hectares of dispute-free land as it aims to become the country's investment hub. Chouhan also said that they will provide single window facility to investors in a state where there is no law and order problem.

Sep 10, 2014

Malaysian environment minister meets PM Modi to enhance ties

New Delhi, Sep 10 (ANI): Malaysian Minister for Natural Resources and Environment and President of the Malaysia Indian Congress, Datuk Seri G Palanivel, met Prime Minister Narendra Modi in a bid to enhance bilateral relationship in fields of trade and climate change. During the meeting, Palanivel also sought enhanced cooperation in the areas of investment, tourism, educational and cultural ties between the two countries. On behalf of the Prime Minister of Malaysia, Datuk Seri G Palanivel extended invitation to the Prime Minister Narendra Modi to visit Malaysia. Modi agreed to visit Malaysia at a mutually convenient time. Meanwhile, Modi also met Director General of United Nation's Food and Agriculture Organization (FAO), Dr Jose Graziano da Silva.

Sep 10, 2014