Business

February 6, 2014 4:46 PM

Aus keen to sign Comprehensive Economic Cooperation Agreement with India

Australia today said it was keen to sign the Comprehensive Economic Cooperation Agreement with India to bring trade and investment ties to the forefront. Australian Trade Minister Andrew Robb said his country would push for the agreement after the general election in India. The Minister was speaking...

February 6, 2014 1:45 PM

India offers buyer's credit of $ 100mn to Namibia for infra projects

India has offered to provide buyer's credit of 100 million dollars to Namibia for infrastructure projects. The offer was made by Commerce and Industry Minister Anand Sharma during his recent visit to the country. Our correspondent reports, the buyer's credit is in addition to the 1...

February 6, 2014 9:46 AM

Work on widening Panama canal stops after cost dispute

The Panama Canal Authority says, work on the project to widen the important shipping route has been suspended because of the dispute over the rising costs.The head of the Spanish firm leading the consortium, said, the company is willing to continue negotiations.Just over a month ago, the building co...

February 6, 2014 9:45 AM

Rs 17,630cr projects for port capacity augmentation gets CCEA nod

The Cabinet Committee on Economic Affairs, CCEA has approved five projects worth 17,630 crore rupees to augment the capacity of major ports in the country.An official release said, of the five projects approved, four are container terminals and one is a multipurpose cargo berth project in Mumbai por...

February 6, 2014 9:17 AM

CCEA nod for projects worth over Rs 17,630cr for port capacity augmentation

The Cabinet Committee on Economic Affairs, CCEA has approved five projects worth 17,630 crore rupees to augment the capacity of major ports in the country.An official release said, of the five projects approved, four are container terminals and one is a multipurpose cargo berth project in Mumbai por...

February 6, 2014 8:58 AM

Govt receives Rs 50,000cr bids on 3rd day of spectrum auction

The government has received cumulative bids worth 50,000 crore rupees at the end of the third day of the 2G spectrum auction yesterday. Telecom Secretary MF Farooqui said, the government expects bidding to move in a very robust way. A total of 21 rounds of bidding were completed yesterday. Eight mob...

February 6, 2014 8:47 AM

Work on widening Panama canal stops after dispute on rising costs

The Panama Canal Authority says, work on the project to widen the important shipping route has been suspended because of the dispute over the rising costs.The head of the Spanish firm leading the consortium, said, the company is willing to continue negotiations.Just over a month ago, the building co...

February 6, 2014 8:30 AM

India and Germany sign 2 pacts for financial and tech co-operation

India and Germany have signed two umbrella agreements for financial and technical co-operation, under a bilateral development cooperation framework. The pacts were signed by Finance Minister P. Chidambaram and German Federal Minister for Economic Cooperation and Development Gerd Mueller during their...

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