Trade between Russia and China rose by 55.8 percent to $4.75 billion in May, compared to the corresponding period last year, Chinese customs authorities said Thursday.
Industrial output of the country rose at a faster-than-expected 17.6 percent year on year in April, growing in double digits for the seventh straight month, on good showing by manufacturing, particularly capital and consumer goods.
The hosiery industry has urged the government to take steps to reduce the prices of cotton yarn and ensure domestic availability of the raw material by cutting down exports.
With an increasing number of Indian MSMEs embracing technology, the share of the sector to the nation's economy, exports and manufacturing set to surge in the coming years, according to a new report, which, however, has added that lack of credit availability still a concern for the sector.
Bangladesh's coalition government, led by the Awami League, Thursday unveiled a 19 billion dollar national budget that calls for higher spending on energy, infrastructure and agriculture to revive economic growth.
Finance Minister Pranab Mukherjee on Wednesday said India had recovered from the global financial meltdown and the economy was in far better shape than it was a year ago to clock high growth.
Energy company BP grappled with containing a massive oil leak on the floor of the Gulf of Mexico as officials prepared to open investigations Tuesday into the cause and long-term political affects of the spill.
Curbs on the import of telecom equipment are part of a broader policy decision and not directed against any country such as China, Commerce Minister Anand Sharma said Monday.
Indian personal care and ayurvedic medicines major, the $165- million Emami group, is making a big foray into Africa not just in their traditional lines of businesses but also in contract farming and power generation, a top official has said.
India Monday concluded 148 rounds of an auction to award spectrum for third generation (3G) telecom services in the country, with the government's provisional revenue from the sale of airwaves nearing the Rs.55,000 crore ($12.2 billion) mark and the nationwide licence price reaching Rs.13,473.55 crore ($3 billion).
An alliance of aircraft manufacturers in Brazil, the Brazilian Alliance for Aviation Biofuels (Abraba), will promote "development and certification of sustainable biofuel" for use in air transport.
European Union finance ministers have agreed on a bailout package of nearly USD 1 trillion (750 billion euro) for Greece, as part of their concentrated efforts to prevent the debt crisis contagion from spreading to other nations.
The Eurozone debt crisis may have some adverse short-term impact on Indian exports to the European Union, said Finance Secretary, Ashok Chawla on Monday.
Commerce and Industry Minister, Anand Sharma said on Monday that the country is maintaining a very "strong positive growth" in exports and expressed his hope to sustain it.
Speciality steel and wire rope manufacturer Usha Martin has planned to invest Rs.1,200 crore over the next three years to set up four different plants, a top company official said in Kolkata on Monday.
India's telecom watchdog TRAI (Telecom Regulatory Authority of India) Tuesday suggested a one-time levy on unused radio spectrum with service providers based on the price derived from the auction for 3G frequency that could bring Rs.35,000 crore ($7.7 billion) of additional revenue for the government.
The Reliance Anil Dhirubhai Ambani Group, India's third-largest industrial empire, will traverse greater heights in the years to come, chairman Anil Ambani told his employees, thanking them all for their dedication and resilience.
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