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Tag: India

22.10.2021
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Will hear India's concerns: WTO DG Ngozi Okonjo-Iweala
WTO chief Ngozi Okonjo-Iweala on Friday said India has a strong voice in the World Trade Organization and she is hopeful of a good outcome at the forthcoming ministerial conference at Geneva. Read full article
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Jhunjhunwalas re-enter Indiabulls Realty, add more of Federal Bank in Q2
Rakesh Jhunjhunwala owned 50,00,000 shares or 1.1 per cent stake in Indiabulls Real Estate as of September 30. Read full article
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Govt indulging in doublespeak over 'Made in India' slogan: Rahul Gandhi
Rahul Gandhi also tagged a media report that said the trade with China grew by 49 percent with Shringla red-flagging the deficit. Read full article
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Easy cargo movement, startup collaboration key for India-ASEAN relationship: CII
“A regional approach to energy security will help manage its supply and demand m crucial requirement of these high-growth economies,” CII said in its report titled “ASEAN-India: Identifying emerging opportunities together”. Read full article
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USD/INR Price News: Indian rupee adds to weekly gains below 75.00 on cautious optimism
USD/INR reverses the previous day’s corrective pullback from a fortnight low ahead of Friday’s European session. That said, the Indian rupee (INR) pai Read full article
2d ago
fxstreet.com
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USD/INR Price News: Indian Ruppe bulls stepping in as US yields and dollar firm
USD/INR is now recovering from the daily lows as the bulls step in on a stronger US dollar at the end of this week. The following illustrates the vari Read full article
21.10.2021
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India hopeful of early outcome on TRIPS waiver proposal at WTO
India and South Africa had last year proposed waiver of certain provisions of copyrights, industrial designs, patents and protection of undisclosed information in the Trade-Related aspects of Intellectual Property Rights (TRIPS) agreement for prevention, containment or treatment of Covid-19. It… Read full article
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India's strong external position to keep taper tantrum at bay
Foreign portfolio investors have put in a net of $273 million in the four trading sessions through a combination of instruments-equity, debt, voluntary retention route (VRR) as well as the hybrids, since the FOMC meeting on October 12, data from… Read full article
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Indian economy poised to grow by 10.5% or more in FY22: Rajiv Kumar, NITI Aayog
“The economy will achieve 10.5% growth if not more in FY’22,” NITI Aayog vice chairman Rajiv Kumar said. “The unevenness in economic recovery is no longer due to consumer deficiency but supply constraints-chips, ships and global TRIPS.” Read full article
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Converting Northeast as economic hotspot can energise ASEAN-India partnership
This was highlighted in the webinar on ASEAN-India: Harnessing Connectivity and Supply Chain Resilience, organized by ASEAN-India Centre (AIC) at Research and Information System for Developing Countries (RIS) run up to coming 18th ASEAN-India Summit. Read full article
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India, UK looking at interim trade agreement: Foreign Secretary Harsh Vardhan Shringla
The Foreign Secretary noted that his counterpart, Sir Philip Barton, Permanent Under-Secretary in the UK Foreign, Commonwealth and Development Office (FCDO), is expected in India soon to take the trade talks forward. With reference to the sectors of India-UK cooperation,… Read full article
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India pushes for rotation system to appoint officers in WTO bodies
The current practice of Developed Group alternating with the other regional groups should be done away with as this amounts to reverse special and differential treatment for developed countries, India has told the WTO. Read full article
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Modi govt subscribes to pluralism in world, supports majoritarianism in India
In November 2017, India, Japan, the US and Australia gave shape to the long-pending proposal of setting up the Quad to develop a new strategy to keep the critical sea routes in the Indo-Pacific free of any influence. Read full article
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India administers over one billion Covid vaccine doses
Government data showed around 30% of the eligible population is now fully inoculated against the disease in India. Read full article
2d ago
CNBC
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USD/INR Price News: Indian rupee stays defensive below 75.00 on downbeat USD
USD/INR fades bounce off a fortnight low, mildly bid around 74.87 heading into Thursday’s European session. The Indian rupee (INR) pair snaps two-day Read full article
3d ago
fxstreet.com
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Brokerages retain views on Nestle India
Most analysts retained their ratings on Nestle India after the company posted a 5.2% rise in net profit to Rs 617.4 crore for the quarter ended September. The maker of Maggi instant noodles and KitKat chocolates reported a 9.6% rise… Read full article
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Indian equities 'unattractive' with high valuations, slowing earnings: UBS
UBS AG said on Wednesday Indian equities are 'unattractive' citing expensive valuations following the record-setting rally in recent weeks. The brokerage, in its Asia Pacific strategy note, 'double upgraded' Chinese stocks to overweight. Read full article
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