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S&P rating: Govt says economy is on right track S&P rating: Govt says economy is on right track Expressing disappointment over S&P's rating action, the government Friday said its fiscal policies are on the right track and there is nothing to be worried about.
India may oppose EU threat to fine Air India, Jet Airways India may oppose EU threat to fine Air India, Jet Airways Only these two Indian carriers, which fly to Europe, are likely to be slapped a total fine of around Euros 30,000, while eight Chinese carriers could face fines totalling Euros 2.4 million euros, they said.
India-EU FTA talks fail to bridge gaps; ministerial meet unlikely India-EU FTA talks fail to bridge gaps; ministerial meet unlikely In a set back to talks for the long-pending India-EU FTA, the chief negotiators' meet on Friday failed to bridge "substantial gaps" on crucial issues, including insurance and data security status for IT sector, creating a bleak possibility of a ministerial meet next month.
India, China to be biggest investors by 2030: World Bank India, China to be biggest investors by 2030: World Bank India and China will be the biggest investors by 2030, accounting for 38 percent of the global gross investment and almost half of all the world manufacturing investment, says the World Bank.
India's investments in Sri Lanka topped $1 bn since 2003 India's investments in Sri Lanka topped $1 bn since 2003 Indian companies have invested nearly USD 1 billion in Sri Lanka since 2003 and this figure could rise above USD 2 billion in the next five years, Indian envoy to Colombo Ashok K Kantha has said.
India raises trade deficit concerns with Japan India raises trade deficit concerns with Japan The matter was raised by visiting Commerce and Industry Minister Anand Sharma with Japanese Foreign Minister Fumio Kishida.
S&P warns India of rating downgrade; Govt says nothing to worry S&P warns India of rating downgrade; Govt says nothing to worry While retaining India's sovereign rating at 'BBB-' with a negative outlook, S&P said there is at least a one-in-three likelihood of a downgrade within the next 12 months.
Govt serious about issues raised by trade unions: PM Govt serious about issues raised by trade unions: PM These include demands on which there could be no disagreement such as demands for concrete measures for containing inflation, for generation of employment opportunities, for strict implementation of labour laws were unexceptionable, he said.
India offers unlimited investment opportunities in infra: FM India offers unlimited investment opportunities in infra: FM Finance Minister P Chidambaram has said that India offers "unlimited" opportunities for investment in infrastructure sector as the country needs more roads, airports and seaports.
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