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Economy and Business

Sri Lanka's largest business chamber has signed a deal with an organization representing Brazil, Russia, India, China and South Africa (BRICS) to increase trade ties, a statement said here Thursday.

 

India has in-principle agreed to allow foreign direct investment (FDI) from Pakistan, a move expected to enhance commercial engagement and boost trade between the two countries, Commerce and Industry Minister Anand Sharma said Wednesday.

 

In a crucial step, India is likely to invite Pakistan for a regional conference of investors on Afghanistan here next month that is aimed at creating regional support for economic stability of the violence-torn country.

 

India has in-principle agreed to allow foreign direct investment (FDI) from Pakistan, a move expected to enhance commercial engagement and boost trade between the two countries, Commerce and Industry Minister Anand Sharma said Wednesday.

 

Pakistan will grant India most favoured nation (MFN) status by the end of this year, the country's commerce minister has said.

 

I was a Fulbright Scholar back in 1984—a time when the Soviet Union was still intact; the Internet had not yet been invented; the word “globalisation” was not part of the English lexicon; China had barely begun its development process; and India was still far behind.

 

India’s weakening macro-economic fundamentals have been the focus of attention in recent weeks, and the spurt in current account deficit (CAD) has caused predictable concern writes Parthasarathy Chaganty

 

The World Bank will open an office in Myanmar in June, a bank official said Thursday. "In early June, we will be opening an office in Myanmar, which will be led by a new country manager," said Pamela Cox, World Bank vice president for East Asia and Pacific Region, Xinhua reported.

 

India, Bangladesh and other countries in the region should strengthen existing rail, road and water linkages for their prosperity since "if Bangladesh grows, northeast India would also develop", said Bangladesh's envoy and other experts said in Agartala.

 

Myanmar will buy back 100 megawatts of electricity from China, a major investor in the country's hydro-power projects and receives bulk of the power generated from these plants.

 


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Review
 
 
 
 
spotlight image Indonesia’s President Joko Widodo has confirmed his presence for the occasion. In an exclusive interview with INDIA REVIEW & ANALYSIS, Indonesia’s Ambassador to India, Sidharto R.Suryodipuro, reminded Nilova Roy Chaudhury that the first Chief Guest for India’s Republic Day celebrations, in 1950, w
 
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The words of Ho Chi Minh  “Nothing is more precious than independence and liberty” rang true for the people of the erstwhile East Pakistan when, with increasing brutality, the West Pakistani oppression spread across the land, writes Anwar A Khan from Dhaka
 
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In a significant boost to New Delhi's Act East Policy, India and Japan set up the Act East Forum on Tuesday as agreed during Japanese Prime Minister Shinzo Abe's visit to India this year for the annual bilateral meeting that would help to focus and catalyse development in India's Northeast.
 
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  United States Secretary of State Rex Tillerson reiterated on Friday Washington's warning that “all options are on the table” to meet North Korea's nuclear threat while offering to keep the lines of communication with Pyongyang open.
 
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What is commonly referred to as the “border dispute” between India and China manifests itself in two distinct and separate areas of contention. One is Aksai Chin, a virtually uninhabited high-altitude desert expanse of about 37,000 square kilometres. The other is what is now the Indian state of Arunachal Pradesh,
 
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The first thing that one sees when a flight approaches New Delhi is thick smog that envelopes the city and its lack of greenery.  In almost all other major cities of India lack of greenery is the most obvious sight that one sees when approaching it by air.
 
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Pakistan has agreed to allow the rupee to depreciate after holding talks with the International Mone­tary Fund (IMF) on the country's economy.

 
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Two major global changes in the past year; the ‘Brexit’ referendum and the advent of Donald Trump, writes Sandeep Kaur Bhatia

 
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It is also imperative for India to explore other regions for markets. Its trade deficit with Latin America has been narrowing. Also, its trade with Mexico, Colombia and Guatemala has increased, ...

 
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Over the last 25 years, India's explosive economic growth has vaulted it into the ranks of the world's emerging major powers. Long plagued by endemic poverty, until the 1990s the Indian economy was also hamstrung by a burdensome regulat...

 
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Title: A Ticket to Syria; Author: Shirish Thorat; Publisher: Bloomsbury India: Pages: 254; Price: Rs 399

 
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Gorichen, a majestic peak in the Eastern Himalayas at an altitude of 22,500 feet, is the highest in Arunachal Pradesh. Beautiful to look at and providing a fantastic view from the top, it is extremely tough climb for mountaineers.

 
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It is often conjectured if the reason for long-standing conflicts and insurgencies, in the developing world, especially South Asia, is not only other powers fishing in troubled waters but also the keenness of arms industries, mostly Western, to...

 
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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