India needs to grow, we understand that: British minister

September 25th, 2009 PITTSBURGH - Prime Minister Manmohan Singh Friday predicted a 6.3 percent growth for India during the current fiscal even though he saw a dip in the economic expansion of developing countries as a whole to 1.5 percent. "Despite a drought, which will affect agricultural production, we expect to grow by around 6.3 percent in 2009-10," the prime minister told the plenary session of the G20 Summit here.

September 13th, 2009 LONDON - Britain's Trade, Investment and Business Minister Lord Mervyn Davies is to visit India for four days beginning Monday for talks to expand growing ties in defence technology and other cutting-edge sectors. High on his agenda is the city of Nagpur, which is being developed as India's new aerospace hub and, according to the UK-India Business Council, needs new infrastructure and engineering capability.

September 2nd, 2009 NEW DELHI - The India Semiconductor Association (ISA) and Britain's UK Trade and Investment (UKTI) Wednesday signed an agreement for promoting business ties and technology exchange in the semiconductor sector. The agreement will enable Indian and British firms to work together on business opportunity areas, combining complementary knowhow, technology, intellectual property and other capabilities, a UKTI statement said.

August 24th, 2009 Indo-ASIAN NEWS SERVICE NEW DELHI - Ruling out rivalry with Beijing, External Affairs Minister S.M. Krishna Monday said that there was "enough space for both India and China to grow", and stressed that outstanding issues should be resolved through dialogue.

August 19th, 2009 KOLKATA - Exports from Denmark to India are expected to grow by 25 percent by 2010, a senior Danish diplomat said here Wednesday. "The boost in exports will come from the healthcare, machinery and energy sectors," said Peter Sand, commercial counsellor at the embassy of Denmark, at an interactive session organised by the Confederation of Indian Industry (CII).

August 18th, 2009 NEW DELHI - The country' strong performance even amid the global economic slowdown shows that the new century belongs to India, Minister of State for Commerce and Industry Jyotiraditya Scindia said here Tuesday. "India has buffered itself quite well against the global economic tsunami and is now a force to reckon with, a nation whose voice is heard in every forum," Scindia said in his address at the Confederation of India Industry's (CII) annual marketing summit.

August 17th, 2009 KOLKATA - Bilateral trade between India and Thailand is expected to grow to $10 billion by 2010 from $6 billion last year, an official from Thailand said here Monday. "India has increasingly become an important economic partner for Thailand.

July 30th, 2009 THIRUVANANTHAPURAM - Kerala will host a seminar on Indo-British business partnership here Aug 6 to explore fresh business opportunities in the European country. According to a statement issued by the British Deputy High Commission, Chennai, a 10-member team representing the UK Trade and Investment (UKTI) will hold talks on discuss business opportunities with top officials of Kerala-based companies at the seminar.

May 12th, 2009 KULLU - Congress General Secretary Rahul Gandhi has again slammed the Bharatiya Janata Party's (BJP) last election campaign 'India Shining' whereas Gujarat Chief Minister Narendra Modi trained guns on Prime Minister Manmohan Singh's leadership. Gandhi and Modi were addressing separate rallies in Kullu region of Himachal Pradesh.

April 17th, 2009 CHANDIGARH - British Columbia will invest Rs.60 lakh in Chandigarh to set up an office of its in-market business investment and skills liaison representative, a senior official of the Canadian province said here. 'British Columbia Premier Gordon Campbell chose the Baisakhi parade in Vancouver city to announce that his province will further encourage trade and investment from northern India,' Crystal Sawyer, manager-India operations for the British Columbia regional innovation chair of the Canada-India Business and Economic Development Centre (BEDC), told IANS.

April 4th, 2009 KOLKATA - Despite the economic slowdown, the Indian economy is likely to grow 7-8 percent in 2009-10, ICICI Bank chief executive K.V. Kamath said here Saturday.

February 11th, 2009 NEW DELHI - The Indian economy will grow by 7 percent this fiscal even as recent projections by global agencies like the International Monetary Fund (IMF) say that advanced countries' economies would shrink by 2 percent, Minister for External Affairs Pranab Mukherjee said here Thursday. 'I am proud to say that in 2008-09 India will still grow by 7 percent,' said Mukherjee while addressing the 81st annual general meeting of the Federation of Indian Chambers of Commerce and Industry (FICCI).

February 3rd, 2009 RAIPUR - Chhattisgarh's industrial sector is expected to grow 9.41 percent this fiscal, Chief Minister Raman Singh said here Wednesday. Speaking in the state assembly, he said the agriculture and service sectors were estimated to grow 1.10 and 9.46 percent respectively.

January 30th, 2009 NEW DELHI - A 'disciplined' private sector and an 'aspiring' middle class are the engines of India's economic growth, and will help the country weather the tumultuous times, Commerce and Industry Minister Kamal Nath said Saturday. 'India's aspiring middle class has demonstrated surprising resilience in counterbalancing the global credit crisis and slump in the global export economy of which India is a key player,' the minister said at the World Economic Forum in Davos, Switzerland.

January 18th, 2009 NEW DELHI - India's demand for oil will grow at six percent, the same as last year, Petroleum Secretary R.S. Pandey said here Monday.