1.   

India, ASEAN to lead global economy out of crisis: Khurshid

India and ASEAN member countries are expected to lead the global economy out of the ongoing economic crisis, said the Minister for External Affairs, Salman Khurshid in New Delhi on Tuesday. "The economic crisis of 2008-09 continues to persist. Our hitherto resilient economies are getting compounded by the Eurozone crisis.Our rates of growth have depressed but are still healthy and respectable.

2.   

Indo-British friendship aiming for the skies

Everything Indian is everything golden these days, especially for the recession-hit developed world. A 1.2 billion people market, after all, is a lucrative one for industries, especially the ones into export. Thats why the agenda of David Camerons three-day visit to India was the removal of regulations and red-tapism to encourage more UK firms to tap into the market.

3.   

Myanmar, India bilateral relations continue to be enhanced

Relations and cooperation between Myanmar and India continued to be enhanced following a recent visit to Myanmar of an Indian parliamentary delegation, led by Lok Sabha Speaker Smt.Meira Kumar. During the visit near the weekend, Myanmar President U Thein Sein met with Kumar. During the visit near the weekend, Myanmar President U Thein Sein met with Kumar. The two sides vowed to speed up implementation of some construction projects including Kaladan project, sooner completion of India-Myanmar-Thai highway construction, gearing up of repair work of Moreh-Tamu-Kalay-Kalewa-

4.   

Food processing sector for cut in taxes, duties on products, equipment

In the current economic environment of falling gross domestic product (GDP) and recession in many parts of the world, the forthcoming Union Budget is being looked at with anticipation of tax reliefs, duty cuts and strong measures to arrest trends like rising diesel prices and spiralling food inflation. F&B News gets details on what the apex food processing body All India Food Processors Association (AIFPA), and other industry organisations like ASSOCHAM, FICCI, and CII are expecting from finance minister P Chidambaram.