Finance And Trades

Finance And Trades

  • ANDRA PRADESH INKS PACT WITH US TRADE AGENCY

    ANDRA PRADESH INKS PACT WITH US TRADE AGENCY:  The Govt. of Andra Pradesh and the US Trade and Development Agency (USTDA) on Sunday signed a Memorandum of Understanding (MoU) for development of ‘smart’ cities in Andra Pradesh, particularly in Visakhapatnam. Under the MoU, the USTDA intends to contribute funding for feasibility studies/pilots, study hours workshops/trainings. It…

  • SWEDISH INDUSTRIAL GROUP TO INVEST IN INDIA

    SWEDISH INDUSTRIAL GROUP TO INVEST IN INDIA: Swedish industrial group Sandvik is planning to set up a world class manufacturing facility at Chakan near Pune. The company is expected to make phased investment, spread over 5 years, in the proposed plant. In the first tranche, the company will invest $ 45 million [Rs. 270 crores]…

  • SOFT BANK OF JAPAN TO INVEST IN INDIA’S INTERNET COMPANY

    SOFT BANK -JAPAN INVESTS IN SNAPDEAL INDIA: Soft Bank Chairman and CEO Masayoshi Son, Japan’s richest businessman, evinced interest in investing further in India, saying that the country was the top most priority for Soft Bank. Mr. Son had called on Prime Minister Modi and had his second meeting with him after an interaction in…

  • SOFT BANK OF JAPAN TO INVEST IN INDIA

    SOFT BANK OF JAPAN TO INVEST IN INDIA: Telecom giant Soft bank of Japan has pledged an investment of $ 10 billion [over Rs. 60,000 crores] in India’s IT and communications space. This is considered as one of the biggest investment commitments from a Japanese firm. Soft Bank- one of the major telecom and internet…

  • VISIT OF INDIAN PRIME MINISTER TO U.S.

    VISIT OF INDIAN PRIME MINISTER TO U.S: TRADE AND SECURITY AGENDAS: During the visit of Indian Prime Minister to U.S., announcements are expected on infrastructure, energy and education. Several MoUs are expected to be signed during the visit, as well as agreements on renewable energy technology, skills development and educational MoU on online interactive courses…

  • INDIA OFFERS HUGE POTENTIAL FOR INTERNATIONAL COMPANIES

    INDIA OFFERS HUGE POTENTIAL  FOR THE COMPUTER COMPANIES: According to World’s second largest computer chip maker AMD, India is the number-one market as for as strategic importance is concerned, as the company sees more opportunities for growth here, than even in a market like china. From purely revenue perspective, Indian market is among the top…

  • GOLD PRICES- ASPECTS OF INVESTMENTS

    INVESTMENT IN GOLD: Gold-price is going down very fast, in the recent years. So, one can feel that gold is a safe investment. This can’t be denied. It is a natural hedge against inflation. So, those who want investment growth to which that of inflation are well served with it. Investors need to realize that…

  • HIMACHAL PRADESH BECOMES THE WORLD HERITAGE SITE

    HIMACHAL PRADESH BECOMES THE WORLD HERITAGE SITE: On 23rd, June 2014, The Great Himalayan National Park (GHNP) in Kullu District of Himachal Pradesh was accorded the Unesco World Heritage Site status, under the criteria of “exceptional natural beauty and conservation of biological diversity”. This would help in boosting ecotourism in the hill-state. There is also…

  • BOOST FOR SUGAR INDUSTRIES

    BOOST FOR SUGAR INDUSTRIES: Initiatives such as the hike in import duty from 15%to 40%, hiking of ethanol (a by- product of sugar manufacturing) blending in petrol from 5% to 10% as also the extension of export incentives to September 2014 are expected to aid the beleaguered industry. The liquidity- starved sugar industry has welcomed…

  • INDIA TO PUT FORTH ITS POINTS FORCEFULLY IN GENEVA

    INDIA TO PUT FORTH ITS POINTS FORCEFULLY IN GENEVA: ^^ In the World Trade Organization (WTO) talks in Geneva, has deepened in  the United States, demanding that India and China be categorized as ‘emerging’ rather than ‘developing economies’ . India is resisting the move which, if it materializes will halve WTO caps applicable to India’s…