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India to be global growth leader in 2019-20: IMF.

Jan 22, 2019

The International Monetary Fund's (IMF) World Economic Outlook Update released by chief economist Gita Gopinath on Monday said that India's economy is expected to grow by 7.5 per cent in the 2019-20 fiscal year, keeping an upward trajectory as the rest of the world slumps.
 
India will continue to be the world's fastest growing major economy, the report said.
    
Source: Business Standard



India should be an APEC member: Australian Shadow Trade Minister.

Jan 22, 2019

With trade becoming fundamental for global peace and stability and preventing the US-China kind of trade wars, it is vital to push for an Indo-Pacific free trade zone like the Asia-Pacific Economic Cooperation (APEC) that should include India, a leading Australian politician has said.
 
APEC is a free trade agreement among 21 Pacific Rim member economies to which India has been seeking admission. 
    
Source: Business Standard



India, Mauritius discuss strengthening bilateral ties.

Jan 22, 2019

India and Mauritius on Monday discussed strengthening their bilateral relationship when External Affairs Minister Sushma Swaraj called on visiting Mauritian Prime Minister Pravind Jugnauth here.
 
Exchanged views on a range of issues including strengthening bilateral cooperation, External Affairs Ministry spokesperson Raveesh Kumar tweeted after the meeting.
    
Source: Business Standard



Integrate, Industrialise and Globalise: India’s mantra for a greater corporation with Africa.

Jan 22, 2019

Since the 1990s, development science is centred around a single word viz. globalisation. It has been a single pill prescribed by every economist worth his/her name save a few with Marxist orientation. An integrated world was supposed to open up wide development avenues for the human beings.
 
Asian and South American Countries have treaded cautiously in aligning their respective economies to the emerging global order, only after suffering the brunt of fast track globalisation. 
    
Source: Financial Express



Agri sector reforms need of the hour to boost economic growth of India.

Jan 22, 2019

Continuous reforms in the agriculture sector to improve farm productivity and income levels and increased disposable incomes of the middle class vis-a-vis rationalisation of the direct taxes would give a further boost to the overall economic growth of the country.
 
This was stated by Rajeev Talwar, president, PHD Chamber of Commerce and Industry, while releasing a press statement on expectations from the interim Budget, which will be presented by finance minister Arun Jaitley on February 1, 2019.
    
Source: www.Fnbnews.com



India, China sign protocol for export of Indian tobacco to Chinese market.

Jan 22, 2019

India and China on Monday signed a protocol to export Indian tobacco leaves to China, which is the largest consumer and producer of the tobacco with over 350 million smokers – the world’s highest.
 
The protocol was signed by India’s Commerce Secretary Anup Wadhawan and Zhang Jiwen, Vice Minister of General Administration of China Customs (GACC) which is responsible for examining market access and quarantine issues for India’s agriculture and allied products, the Indian Embassy here said in a statement.
    
Source: Indian Express



India signs 11 MoUs worth $9.5 million with Afghanistan.

Jan 22, 2019

Notwithstanding the recent terror attack targeting Indian nationals in Kabul and US efforts to cut a deal with Taliban, India has signed 11Mo-Us worth $ 9.5 million with the Afghan government this week. 
 
The MoUs were for infrastructureNSE -0.62 %, public services such as health clinics and governance-related projects. 
    
Source: Economic Times



India, China to hold talks over RCEP on Tuesday.

Jan 22, 2019

India and China on Tuesday will hold talks on the Beijing-led Regional Comprehensive Economic Partnership (RCEP) about which New Delhi has doubts and concerns.
 
India's Commerce Secretary Anup Wadhawan, who is in Beijing, will meet China's Vice Minister of Commerce Wang Shouwen to discuss the progress made under RCEP negotiations and efforts to strengthen bilateral trade, according to the Indian embassy in Beijing.
    
Source: Business Standard



Farmers urged to think globally.

Jan 22, 2019

Farmers should be encouraged to think globally and to employ the best practices to successfully engage in the international spices market, Governor P. Sathasivam said on Monday.
 
He was speaking after inaugurating the fourth session of the Codex Committee on Spices and Culinary Herbs (CCSCH) hosted by the Spices Board in Kovalam. If our people lag behind in reaching global markets, one of the reasons could be the non-adherence to global standards, he said.
    
Source: thehindu.com



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