CII India Business Forum launched in China

October 13th, 2009 BEIJING - Contracts worth $3.5 billion have been signed at a Russian-Chinese business forum here, Russia's deputy prime minister said Tuesday. The bilateral business forum coincided with a visit to China by Russian Prime Minister Vladimir Putin.

September 8th, 2009 GENEVA - Switzerland Tuesday replaced the US in the top place in the World Economic Forum (WEF) ranking of most competitive countries for doing business. "The United States falls one place to second position, with weakening in its financial markets and macroeconomic stability," the Geneva-based foundation said.

July 31st, 2009 WASHINGTON - Trust in business is recovering significantly in some of the world's largest markets with India and China most positive about business and the US rebounding from 10-year lows, according to a new survey. The Edelman Trust Barometer found that at 75 percent, India recorded the highest level of trust in business of any of the six countries surveyed.

June 21st, 2009 NEW DELHI - Bilateral trade between India and Britain, which crossed $12 billion last fiscal, has the potential to touch $40 billion by 2015, according to an industry lobby report. The report by the Confederation of Indian Industry (CII) said: "CII proposes a target for merchandise trade at $40 billion by 2015 with special emphasis on expanding services trade to $12 billion and exploring other business avenues." The industry will launch CII India Business Forum-UK to promote bilateral trade between the two countries.

June 16th, 2009 YEKATERINBURG - Prime Minister Dr. Manmohan Singh today said that BRIC (Brazil-Russia-India-China (BRIC) summit) should consider the establishment of a Joint Business Forum which can identify areas for cooperation such as science and technology, energy, agriculture, aviation, pharmaceuticals and services.

June 16th, 2009 WASHINGTON - Ahead of a meeting with Commerce and Industry Minister Anand Sharma, the US has declared its commitment to enhancing dialogue with India on key trade policy issues, including a bilateral investment treaty. US Trade Representative Ron Kirk will discuss these issues with Sharma during a roundtable at the US-India Business Council's Synergies Summit here Wednesday.

June 12th, 2009 MACAU - Competition between India and China for global markets is not adversarial and there is overarching consensus across India's political spectrum that a well-balanced relationship with China is vital to India, said Indian Ambassador Nirupama Rao. Rao was delivering the keynote address at the Global Business Forum here, organised as part of the International Indian Film Academy (IIFA) weekend which sees the glamour of Bollywood combine with the business of entertainment.

April 17th, 2009 China's premier sees positive changes in economyBOAO, China — China's Premier Wen Jiabao says the country's stimulus package is starting to pay off and positive changes have taken place in the economy. Speaking at a business forum, Wen said the economy is "better than expected" but warned that global economic recovery will be a "long and tortuous process." Wen spoke Saturday at the Boao Forum, an annual gathering of government and business leaders on the southern island province of Hainan.

April 2nd, 2009 NEW HAVEN - Ivy League business school Yale School of Management will Friday organise a seminar on emerging business opportunities in India during the current economic crisis. The seminar will focus on the impact of the global financial crisis on the Indian economy and discuss the opportunities and challenges faced by foreign investors in India.

March 31st, 2009 BEIJING - China declared Tuesday that it desired mutually beneficial cooperation with India and it posed no threat to New Delhi. 'The leaders of China and India have already reached consensus that the two countries will not pose a threat to each other,' Xinhua quoted foreign ministry spokesman Qin Gang as telling reporters here.

March 29th, 2009 MUMBAI/COIMBATORE - A Muslim forum has demanded representation in Parliament proportional to their community's population. The All India Ulema Association called upon the Congress party to nominate atleast 12 per cent candidates from the Muslim community in the upcoming general elections.

March 14th, 2009 PHILADELPHIA - The student leadership committee of the Wharton India Economic Forum (WIEF) today announced that the 13th Wharton India Economic Forum would be held in Philadelphia on March 21. The committee invites the public to gain insights from some of the world's top business leaders including keynote speakers: Jim Rogers (billionaire Investor in the Asian Markets and Co-Founder of the Quantum Fund); Dominic Barton (named the next Global Managing Director, McKinsey and Co.); Chanda Kochhar (named the next CEO and Managing Director, ICICI Bank, India's largest private financial institution); Dr.

February 15th, 2009 LUCKNOW - Doctors, engineers, teachers, journalists, chartered accountants and businessmen in the Uttar Pradesh capital have constituted a forum for launching a nationwide e-campaign to sensitise people to their voting rights. 'Through our campaign we primarily want to target the educated and elite class to diligently exercise their voting right,' P.K.

January 21st, 2009 INDORE - A Madhya Pradesh consumer forum has asked Air India to pay a compensation of Rs.25,000 to a passenger for not informing her about the precautions before using dry ice to kill a pain during a flight. The District Consumer Dispute Redressal Forum has also asked the airlines to pay additional Rs.1,000 as cost of the complaint.

January 13th, 2009 NEW DELHI - Czech carmaker Skoda's sales in India went up by 31.9 percent in 2008, the company said in a statement Wednesday. Skoda's global sales went up 7.1 percent to 674,530 units, out of which 16,051 were sold in India and 59,284 in China.