1.   

'Bilateral trade between Australia-India has doubled'

Bilateral trade between India and Australia has doubled over the past five years to USD 21 billion and investment is growing rapidly, a top official today said. India was in the front ranks of Australia's International partnerships, Lachlan Strahan, Acting Australian High commissioner to India, said. "Bilateral trade between the two countries has doubled over the past five years to touch USD 21 billion and investment is growing rapidly", he said.

2.   

Malaysia wants to boost trade with India to $15 billion by 2015

Malaysia is eyeing trade worth over $15 billion with India by 2015, up from the current $12.5 billion, Malaysian minister of international trade and industry, Datuk Seri Mustapa Mohamad said here on Saturday. The Malaysian minister, who was in the city as part of the Malaysian government's trade and investment mission to India, said that the country, which is at the heart of South-East Asia and has a population of close to 2 million people of Indian origin, can prove to be a strategic market for India.

3.   

‘Pak-India trade to reach $10bn in next couple of years’

Indian business community said that the trade volume between India and Pakistan will increase to $10 billion in the next couple of years, said an official on Thursday. “Presently, the formal and third country trade between the two countries is around $5 billion,” said Kiran Vohra, mission leader of the Confederation of Indian Industry (CII) business delegation, who visited the Karachi Chamber of Commerce and Industry (KCCI).

4.   

India's wheat exports likely to touch 6 mn tonnes: USDA

India's wheat export is expected to touch 6 million tonnes in the 2012-13 marketing year (MY) on the back of firm global prices, United States Department of Agriculture (USDA) said in a report. "With the current tight open market supplies of wheat, private wheat exports are likely to come down significantly in the coming months. Consequently, we continue to estimate MY 2012-13 exports at 6 million tonnes, which includes 3 million tonnes each of government and open-market wheat," USDA said.