Pakistan on Thursday expressed concern over a report by an Indian business lobby group that considers options like launching surgical strikes on the country, saying
such views would not help foster peace in the region.
India`s services exports including IT software fell, like the merchandise trade, in the first six months of 2009 under the impact of the global downturn, though the decline was not as steep as in goods, a study has shown.
Business chamber FICCI on Wednesday said high level of investment as projected by Prime Minister`s Economic Advisory Council is critical for economic growth, but the government must offers sops to industry to encourage investment.
Corporate India`s confidence on
the state of economy is on an upswing with a majority of the
companies surveyed by industry body FICCI agreeing that the
government stimulus has spurred economic activities.
Indian exporters are facing non-
tariff barriers like visa and consular issues in the lucrative
European Union market in spite of growing bilateral trade with
the 27-member economic bloc, a survey has said.
Despite high interest cost and falling exports, India`s manufacturing sector will recover in the second quarter this fiscal, says a report by the Federation of Indian Chambers of Commerce and Industry (FICCI).