India and Russia discuss ways to boost their economic ties

India and Russia have discussed ways to boost their economic ties to achieve the target of 30 billion dollar in bilateral trade in the next 10 years. External Affairs Minister Sushma Swaraj and Russia's Deputy Prime Minister Dmitry Rogozin chaired the 21st India-Russia Inter-Governmental Co...

India and Russia discuss ways to boost their economic ties

India and Russia have discussed ways to boost their economic ties to achieve the target of 30 billion dollar in bilateral trade in the next 10 years. External Affairs Minister Sushma Swaraj and Russia'sDeputy Prime Minister Dmitry Rogozin chaired the 21st India-Russia Inter-Governmental Con...

US asks China to bring transparency in yuan policy

US has called on China to make its currency policy more transparent and to communicate better with market players. In its semi-annual report on international economic and exchange rate policies, the Treasury Department gave a detailed analysis of China's decision to devalue the yuan in Augu...

Startup Capitals 2015: Prominent technopreneurs, investors to gather in India next week

Prominent technopreneurs and investors from across the Asia Pacific region will gather in India next week to brainstorm on the innovation hotspots and startup ecosystem. Startup Capitals 2015 will be held in New Delhi on the 27th October , followed by one in Bangalore on 29th.The conferences are a t...

APSEZ inks MoU with IPGA to handle pulses across its ports in country

Govt to further import 2000 tonnes of Arhar, 1000 tonnes of Urad dal

Government will import an additional quantity of 2000 tonnes of Arhar and 1000 tonnes of Urad dal. MMTC will float tender immediately. This was decided during a high level meeting on availability of pulses chaired by Cabinet Secretary P K Sinha in New Delhi today. Mr. Sinha also reviewed the imposit...

Walmart paid millions of dollars as bribe in India: WSJ report

A US government investigation is said to have found evidence of Wal-Mart Stores allegedly paying thousands of small bribes to local officials in India to get customs clearances and obtain real-estate permits.Wall Street Journal reported that vast majority of payments were below 200 dollars and some ...

RBI Governor slams IMF for applauding accommodative policies of developed nations

RBI Governor Raghuram Rajan has slammed International Monetary Fund (IMF) for applauding accommodative policies of developed nations which have affected the emerging markets.Addressing a function in Mumbai, Dr. Rajan said no central bank has a mandate for the world but if a central bank creates prob...

FM organizes two-day meet with FPIs, Domestic Financial Market Participants

Finance Ministry has organised a two-day interactive meetings with Foreign Portfolio Investors, FPIs and Domestic Financial Market participants to improve the ease of doing business.An official release said, representatives of RBI, SEBI and CBDT among others will attend the meeting, which will begin...

China's GDP falls to 6.9% in Q3, weakest since 2009

China's GDP growth posted 6.9 per cent in the third quarter of this year, the weakest in six years. This is the first time the quarterly growth rate had dropped under the government's target of seven per cent this year since the 2009 global financial crisis. The spokesperson of Chi...