cis_banner_final_en.png

India, US first strategic & commercial dialogue on September 22
NEW DELHI: Aiming to boost bilateral trade five-fold to $500 billion, India and the US will hold the first composite 'strategic & commercial dialogue' next month focused on defence and energy as well as infrastructure and investments.

Yuan devaluation to have temporary impact on Indian rupee: CEA Arvind Subramanian
The Finance Ministry today said the devaluation of Chinese currency will only have a temporary impact on the rupee as India has adequate foreign exchange reserves.

Xiaomi ties up with Taiwan's Foxconn to assemble smartphones in India
China's Xiaomi Inc [XTC.UL] has joined forces with Taiwan-based tech giant Foxconn to start assembling phones in India, seeking to cut costs and grab a bigger slice of the world's third-largest smartphone market.

Tourism gala to attract Indian tourists to Vietnam
NDO/VNA - The first Vietnam tourism gala themed “Charming Vietnam - Destination for Indian Tourists” took place in Chandigarh, the capital city of the three northern Indian states of Punjab, Haryana and Humachal Pradesh, on August 10.

Foxconn to Invest 5 Billion Dollars in Maharashtra Projects
MUMBAI: Taiwanese global electronics contract manufacturer Foxconn Technology will invest $5 billion in Maharashtra over the next three years in manufacturing, research and development facilities, creating 50,000 new jobs, it was announced here on Saturday.

'India could be topmost gainer with lifting of sanctions in Iran'
Connectivity was the central theme of the bilateral meeting between Prime Minister Narendra Modi and Iranian President Hassan Rouhani when they met on the sidelines of the BRICS and SCO summits last month in Ufa, Russia.

Exim Bank increases line of credit to east Asian neighbours
As India tries to increase its influence in the East Asian region, Exim Bank has increased its line of credit to the countries as part of the government’s "Act East" policy.

Exim Bank to set up subsidiary to push investments in CLMV nations
New Delhi: The commerce ministry has decided to set up a project development company under Global Procurement Consultants Ltd (GPCL), a consulting firm promoted by Exim Bank, to kick-start investments in Cambodia, Laos, Myanmar and Vietnam, or CLMV countries.

India-Russia trade target of 30 billion dollars is achievable: CII
The President of Confederation of Indian Industry (CII), Sumit Mazumder, said the body is convinced that India and Russia can achieve 30 billion dollars in the bilateral trade by 2025 as targeted.

Indo-US Strategic and Commercial Dialogue to Be Held in September
WASHINGTON: The first India-US Strategic and Commercial Dialogue would be held here in September, a top American diplomat announced while highlighting that it would give the two countries a new platform to build on past results and work towards future progress.