Search Result for : Economic Ties

India-UAE to ink 16 pacts

Agreements ranging from sectors like nuclear energy, oil, IT, aerospace and railways will facilitate billions of dollars of investment by UAE in India Source: PTI A major focus of the three-day visit by the influential UAE leader, which comes around six months after Prime Minister Narendra Modi’s trip to UAE, will be on stepping up economic ties.   At least 16 pacts in a wide range of sectors like nuclear energy, oil, IT, aerospace and railways, facilitating billions of dollars of investment by UAE in India, are likely to be inked during Crown Prince of Abu Dhabi Sheikh Mohamed bin Zayad Al Nahayan's visit to New Delhi beginning Wednesday. Ways to contain radicalism, stepping up counter-terrorism cooperation and dealing with the ...

Texas Governor to lead trade delegation to India next year

Source: PTI With an economy of $1.6 trillion, Texas tops among all the American states in terms of exports   Texas Governor Greg Abbott plans to take a trade delegation to India next year as part of his effort to increase the economic ties with the country and attract foreign direct investment from Indian businesses. Abbott made the announcement in this regard during the first ever Diwali celebrations he hosted for members of the Indian-American community at the Governor s Mansion last week. “This would be the first ever delegation of a Texas Governor to India. The Governor told us that before going to India he wants to make sure that his proposed trip to India would yield tangible results,” said ...

India top destination for innovation, R&D: African leaders

The Dollar Business Bureau India can play a critical role in building an innovation led entrepreneurial culture in Africa and fuel economic growth in the region, African leaders said. “India has great inspiring entrepreneurs like Tatas, Ambanis, and the Adanis. As a result, India is today seen as a top destination for innovation, R&D and technology development,” said Ghana’s Minister of Trade and Industry Ekwow Spio-Garbrah. The minister was addressing the India Africa Business Forum on ‘Empowering Entrepreneurial Ecosystem in Africa by leveraging Indian Innovation, Science and Technology’ in New Delhi on Thursday. The event was held on the sidelines of the four-day India-Africa Forum Summit. Describing India as “a top destination for innovation, R&D and technology development”, leaders at the forum ...

Modi, Merkel talk ways to boost trade, 18 MoUs inked

Source: PTI India and Germany on Monday agreed to enhance ties in key areas of defence manufacturing, trade, intelligence and clean energy during wide-ranging talks between Prime Minister Narendra Modi and German Chancellor Angela Merkel in New Delhi after which 18 MoUs were inked. Describing the talks as “very good”, both the leaders expressed hope that their discussions will pave the way for more robust partnership between the two countries in strategic areas. “We see Germany as a natural partner in achieving our vision of India's economic transformation. German strengths and India's priorities are aligned. “Our focus tends to be on economic ties. But, I believe that in a world of seamless challenges and opportunities, India and Germany can also be strong partners ...

US woos Punjab, Haryana firms to make investments

Source: PTI The US wants Punjab and Haryana-based firms especially in life science, textile and auto parts sectors to invest there to further strengthen trade and economic ties between the two nations. “There is a strong life science component in Punjab area here. So this is the one sector which we see a lot of growth opportunities and another is auto parts,” Embassy of USA, Commercial Officer, Paul Frost said while addressing media in Chandigarh on Tuesday. However, he said the US was also looking at other sectors including textile, IT services, pharmaceuticals from India to make investments in America. The US Department of Commerce's Select USA Programme is going to hold its first ever India road show starting October 13 ...

Indian exporters concerned over talks on lifting sanctions on Iran

Himanshu Vatsa | The Dollar Business  As the US and other developed countries are mulling over lifting trade restrictions on Iran, Indian exporters say the move will have diversified impact on the existing bilateral economic ties. Since 2002, Iran has been facing sanctions imposed by the United Nations (UN), European Union (EU) and several individual countries to prevent the Islamic republic from developing military nuclear capability. Now, the UN Security Council members (the US, UK, France, Russia, China), also known as P5, plus Germany are holding discussions in Vienna to reach an agreement on Iran’s nuclear programme and removal of trade restrictions on the country in a phased manner. Experts say that Iran and P5+1 group are likely to finalise a deal ...