The Expert Committee to Revise and Strengthen the Monetary Policy Framework Submits its Report
On September 12, 2013, Dr. Raghuram G Rajan, Governor had appointed an Expert Committee to revise and strengthen the monetary policy framework. The Committee submitted its report to the Governor today. Ajit Prasad Assistant General Manager Press Release : 2013-2014/1459 Report attached for download. Report of the Expert Committee to Revise and Strengthen the Monetary… Read More
Tags: Central bank, China, Committee, Federal Reserve System, finance, Monetary policy, Money supply, United States
The State Capitalism
By: Om Prakash Dani, Member Executive Committee, Sri Aurobindo Society, Puducherry & Vice Chairman, Sri Aurobindo Foundation for Integral Management, Past President, The Institute of Company Secretaries of India and M. S. Srinivasan, Research Associate, Sri Aurobindo Society, Puducherry A new Avatar of capitalism has emerged in the horizon. Recently, the well-known British magazine, Economist, brought… Read More
Tags: China, Dharma, India, Institute of Company Secretaries of India, Puducherry, Sri Aurobindo, State capitalism, United States
Heads of Competition Authorities of BRICS sign “Delhi Accord” at the 3rd BRICS International Competition Conference
The Heads of the Competition Authorities of the Federative Republic of Brazil, the Russian Federation, the Republic of India, the People™s Republic of China and the Republic of South Africa signed a Joint Accord namely ˜DELHI ACCORD™ on November 22, 2013 during the ongoing 3rd BRICS International Competition Conference (ICC) at New Delhi. BRICS Competition… Read More
Tags: BRIC, BRICS Competition Authorities, China, India, India's Competition Commission, New Delhi, Russia, South Africa
MoU with China to Address Trade Deficit
India and China have signed MoUs /Agreements to promote Indian exports to China during the visit of Premier Mr. Li Keqiang to India in May 2013. Details are given below: (i) MoU for the Export of Buffalo Meat from India to China entered into between the Agricultural and Processed Food Products Export Development Authority (APEDA) and the General Administration of Quality Supervision, Inspection and… Read More
Tags: April-June, Balance of trade, China, Import and Export, India, Marine Products Export Development Authority, May 2013, United States Department of Commerce
First Quarter Review of Monetary Policy 2013-14
By Dr. D. Subbarao Governor Introduction Since early May when the Reserve Bank issued its Monetary Policy Statement for 2013-14, global growth has been uneven and slower than initially expected. The tail risks to global recovery had eased in the early part of the year, but that improvement was overtaken by the turmoil in financial… Read More
Tags: BRICS, Central bank, China, Inflation, June, May, Monetary policy, Reserve Bank
Engineering Sector Seeks greater Share in Africa Markets
Concerned over a sharp year-on-year fall of 9.25 per cent drop in engineering exports in June despite rupee depreciation by about same ratio in the last two months, the EEPC India (Formerly known as Engineering Exports Promotion Council) with support of the Commerce & External Affairs Ministries is seeking new markets in the African continent… Read More
Tags: Africa, Bilateral trade, Business and Economy, China, India, June, Maruti Suzuki, Mumbai
Internationalisation and Integration of Asian Capital Markets
Internationalisation and Integration of Asian Capital Markets: Expanded Role for Asian Currencies, including the Renminbi - Comments by Shri G. Padmanabhan. ED, RBI at Singapore on July 12, 2013 I am indeed indebted to the organizers, Lee Kuan Yew School of Public Policy, National University of Singapore for providing me this opportunity to share my thoughts… Read More
Tags: Asia, China, India, Indian rupee, Lee Kuan Yew School of Public Policy, National University of Singapore, People's Bank of China, Renminbi
DGFT Prohibits import of milk and milk products from China
To be Published in the Gazette of India Extraordinary Part-II, Section - 3, Sub-Section (ii) Government of India Ministry of Commerce & Industry Department of Commerce Udyog Bhawan Notification No. 23 (RE 2013)/2009-2014 New Delhi, Dated the 18th June, 2013 Subject: - Prohibition on import of milk and milk products from China. S.O. (E): In exercise… Read More
Tags: China, Dairy product, Gazette of India, Government of India, India, Milk, New Delhi, Prohibition
RBI™s Project Research Study on Indo-China Policies
Restructuring of India™s Domestic and External Policies needed for Effective Partnership between India and China: RBI™s Project Research Study The Reserve Bank India today released a Project Research Study titled India China Bilateral Trade Relationship on its website. This Project Research Study was entrusted to Prof. S. K Mohanty, Research and Information System for Developing Countries… Read More
Tags: Asia, China, East Asia, India, Research, Reserve Bank, Reserve Bank of India, Revealed Comparative Advantage
Corrigendum to Notification no. 51/2012-Customs(ADD), dated 3rd December, 2012 – Changes made against Mistakes in entries
[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (i)] GOVERNMENT OF INDIA MINISTRY OF FINANCE (DEPARTMENT OF REVENUE) CORRIGENDUM New Delhi, the 30th April, 2013 G.S.R. (E). In the notification of the Government of India in the Ministry of Finance (Department of Revenue), No. 51/2012-Customs(ADD), dated the 3rd December, 2012 published… Read More
Tags: China, Gazette of India, Government, Government of India, India, ministry of finance, New Delhi, Section 3
Growth of the Indian Telecom Sector
The Indian telecom sector has registered a phenomenal growth during the past few years and has become second largest telephone network in the world, only after China. A series of reform measures by the Government, the wireless technology and active participation by private sector played an important role in the exponential growth of telecom sector in… Read More
Tags: China, Communications in India, December 2012, GSM, March 2004, NTP-2012, Percentage, Wireless
FM Speak :: Inflation Showing Downward Trend While Foreign Inflows Are Copious
Issue of Quantitative Easing in USA, China and Japan has no Relevance at all To the Situation in India; Inflation Showing Downward Trend While Foreign Inflows Are Copious; No Need for any kind of Nervousness; Oil Subsidy Bill for this year not to Exceed Rs.80,000 Crore: FM The Union Finance Minister Shri P.Chidambaram said that… Read More
Tags: Ben Bernanke, China, Finance Minister, India, Japan, P. Chidambaram, Quantitative easing, United States
India, China Sign MoUs to Address Concerns on Trade Deficit
India and China today here signed three Memorandum of Understandings (MoUs) on buffalo meat, fisheries and pharmaceuticals; and one agreement on feed and feed ingredients. These MoUs will address the growing trade deficit between the two countries. The trade deficit has increased from USD 1.08 billion in 2001-02 to USD 40.77 billion in 2012-13. The… Read More
Tags: China, General Administration of Quality Supervision Inspection and Quarantine, India, Li Keqiang, Marine Products Export Development Authority, Memorandum of understanding, Pharmaceutical Export Promotion Council, Premier of the People's Republic of China