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WTO sets up panel to resolve steel dispute with India, Japan
The WTO’s dispute settlement today set up a panel to resolve the dispute between Japan and India over imposition of safeguard import duty on iron and steel products.

India stocks close at 2-year high as investors bullish on Modi
MUMBAI — Indian stocks reached a new high Monday, powered by foreign funds optimistic the country’s prime minister, Narendra Modi, will use his growing popularity to accelerate the pace of change and keep Asia’s third-largest economy expanding as much of the world struggles with slowdowns and uncertainty about how President Donald Trump’s policies will affect trade.

Xiaomi sets up second manufacturing unit in Andhra Pradesh
Reaffirming its commitment to 'Make in India' after logging $1 billion in revenue in the country last year, Chinese smartphone-maker Xiaomi on Monday announced its second manufacturing unit in partnership with Taiwanese electronics major Foxconn in Andhra Pradesh.

India becomes net exporter of power
NEW DELHI: India became net exporter of electricity in the current financial year, reinforcing the turnaround story in the country's power sector but also underlining the demand slack in the changing narrative.

Foreign investors may take a refreshed stance on India investments after election results
MUMBAI: Many foreign investors that were sitting on the fences may soon take a relook at their India investment strategy following the recent election results where the ruling BJP government dominated the outcome, say industry trackers.

Government to plan selling 51 per cent stake in Air India
Government is planning to sell a majority stake in Air India, the country’s national carrier, to a strategic partner in a bid to turn around the loss-making airline, people with knowledge of the matter said.

India growing fastest in e-commerce, says study
With $681 billion in online retail sales in 2016, China is the largest market for e-commerce globally, followed by the US, and the fastest growing one is India.

Vietnam-India economic cooperation grows strongly
New Delhi (VNA) – Vietnam and India witnessed remarkable strides in their relations in 2016, especially in economics, Vietnamese Ambassador to India Ton Sinh Thanh has said.

For MNCs, India still an R&D hub and it's growing
BENGALURU: US President Donald Trump may not like this. The number of R&D centres being established by MNCs in India continues to rise - a vast majority is from the US and their headcount growth is particularly strong.

Ho Chi Minh City promotes tourism potential in India
New Delhi (VNA) – Vietnam’s southern largest economic hub of Ho Chi Minh City introduced its tourism potential and products to Indian visitors at workshop in New Delhi on February 24.