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 bankChinaCommitteeFederal Reserve SystemfinanceMonetary policyMoney supplyUnited 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: ChinaDharmaIndiaInstitute of Company Secretaries of IndiaPuducherrySri AurobindoState capitalismUnited 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: BRICBRICS Competition AuthoritiesChinaIndiaIndia's Competition CommissionNew DelhiRussiaSouth 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-JuneBalance of tradeChinaImport and ExportIndiaMarine Products Export Development AuthorityMay 2013United 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: BRICSCentral bankChinaInflationJuneMayMonetary policyReserve 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: AfricaBilateral tradeBusiness and EconomyChinaIndiaJuneMaruti SuzukiMumbai

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: AsiaChinaIndiaIndian rupeeLee Kuan Yew School of Public PolicyNational University of SingaporePeople's Bank of ChinaRenminbi

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: ChinaDairy productGazette of IndiaGovernment of IndiaIndiaMilkNew DelhiProhibition

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: AsiaChinaEast AsiaIndiaResearchReserve BankReserve Bank of IndiaRevealed 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: ChinaGazette of IndiaGovernmentGovernment of IndiaIndiaministry of financeNew DelhiSection 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: ChinaCommunications in IndiaDecember 2012GSMMarch 2004NTP-2012PercentageWireless

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 BernankeChinaFinance MinisterIndiaJapanP. ChidambaramQuantitative easingUnited 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: ChinaGeneral Administration of Quality Supervision Inspection and QuarantineIndiaLi KeqiangMarine Products Export Development AuthorityMemorandum of understandingPharmaceutical Export Promotion CouncilPremier of the People's Republic of China

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