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Economy and Business

Afghanistan's economy deserves to occupy the top of the agenda of the international community. Afghanistan along with the security and military transition that is in the offing also needs an economic transition

 

Partition, wars and dark days of terrorism, Punjab has seen it all. The relative peace over the past decade and a half, and the new Integrated Check Post at Attari raised fresh hopes of trade flourishing with Pakistan. A limit on the items of import via the land route by the neighbour has, however, dampened spirits in the state

 

India on Friday said it had decided “in principle” to allow foreign direct investment (FDI) from Pakistan as part of the roadmap to expand economic ties between the two nations.

 

US Commerce Secretary John Bryson, who recently led his first trade mission to India, wants America to "deepen and broaden its commercial engagement with India where the win-win potential is vast." "The only way we will accomplish that is through a foundation of strong person-to-person relationships," he said in an address at the Centre for Strategic & International Studies, a Washington think tank.

 

Amb. Shyam Saran's keynote address at the India Habitat Centre on the occasion of the Subbu Memorial lecture on Geopolitical Consequences of the Global Financial and Economic Crisis: Back to the Drawing Board on 7 April 2012

 

A high-level CII delegation led by Mr B Muthuraman, President, CII, and Vice Chairman, Tata Steel Ltd. is slated to call on H E Dr Ram Baran Yadav, President of Nepal, and H E Dr Baburam Bhattarai, Prime Minister of Nepal, in Kathmandu on 6th April. The CII delegation will also interact with Hon'ble Mr. Anil Kumar Jha, Industry Minister of Nepal during the 3-day visit.

 

The World Bank is at a turning point, and India has a major voice in deciding its future. The serious candidates (Finance Minister Dr. Ngozi Okonjo-Iweala of Nigeria and Dr. Jim Yong Kim of the United States) present the 180 countries who sit on the Board of the World Bank with a clear choice between visions of the World Bank.

 

Last month, Hindustan Lever subsidiary Unilever Nepal remained shut for two weeks after its workers put up demands related to pay hikes and more perks. The trade union, affiliated to the Maoists, had locked the factory gates to press for their demands. The management could reopen the factory only after an assurance from Nepal's prime minister Baburam Bhattarai to a delegation of Unilever representatives and other business leaders of the Federation of Nepalese Chamber of Commerce and Industries (FNCCI).

 

A difficult economic situation notwithstanding, India will be stepping up its assistance programme to its neighbouring countries in the coming fiscal.

 

True, Nepal is one of the richest in water resources — not necessarily the “second” after Brazil as some say, but rich indeed.

 


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Review
 
 
 
 
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Title: The People Next Door -The Curious History of India-Pakistan Relations; Author: T.C.A. Raghavan; Publisher: HarperCollins ; Pages: 361; Price: Rs 699

 
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Could the North Korean nuclear issue which is giving the world an anxious time due to presence of hotheads on each side, the invasion of Iraq and its toxic fallout, and above all, the arms race in the teeming but impoverished South Asian subcon...

 
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Title: A Bonsai Tree; Author: Narendra Luther; Publisher: Niyogi Books; Pages: 227 Many books have been written on India's partition but here is a firsthand account of the horror by a migrant from what is now Pakistan, who ...

 
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As talk of war and violence -- all that Mahatma Gandhi stood against -- gains prominence across the world, a Gandhian scholar has urged that the teachings of the apostle of non-violence be taken to the classroom.

 
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Interview with Hudson Institute’s Aparna Pande, whose book From Chanakya to Modi: Evolution of India’s Foreign Policy, was released on June 17.

 
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