India is growing with great pace of development and the national leadership is concentrating to put the sectors such as agriculture and power on the line of development now. The next target for India is to achieve 10 percent growth rate. Now, a new report says that Indian economy is all set to overt[...]
Posts Tagged ‘United States’
April 17th, 2012 - 9:21 am § in News Of Economy
India to overtake Japan in PPP by 2025: Japan’s Central Bank governor
April 14th, 2012 - 9:01 am § in News Of Economy
China agrees to improve food safety regulations
After receiving severe criticism for tainted food and counterfeit drugs export, China has decided to harsh on its food and drug safety regulations. State Council, the country’s highest administrative body announced to introduce new nationwide inspections for its exported stuff and moving quick[...]
April 7th, 2012 - 6:37 am § in News Of Economy
China plans to remove tax rebates on exports
Chinese government has announced to eliminate the tax rebates for more than 2,800 export items from July 1 – in an effort to slow the growth of its huge trade surplus amid rising threats of disciplinary action by U.S. lawmakers. The affected items account for 37 percent of all export products. Exp[...]
April 6th, 2012 - 5:57 am § in News Of Economy
China’s trade surplus mounts to a record high
China’s trade surplus surged 85.5 percent in June, to a monthly record of $26.91 billion, potentially heightening tensions with the United States and Europe on Yuan’s market value. Exports for June jumped to $103.27 billion, whereas imports were $76.36 billion. For the first six month of[...]