US President Barack Obama has said that his summit meeting with his Chinese counterpart Xi Jinping later this month will be “useful” and generate “a lot of outcomes”. Responding to questions after addressing members of the Business Roundtable on Wednesday, Obama said these outcomes would be “around things like energy and climate change, around improvements […]
The festive season beginning with the onset of Ganesh Chaturathi (September 17) may not give a desired boost to real estate sector that is facing slow down for the last two years. Residential real estate is reeling under weak sales due to a liquidity crunch, unaffordable prices, high interest rates and large scale delivery defaults […]
Climate change would be in focus at the India-Africa Forum Summit here this October with India proposing that the 54 African countries join a Solar Group of nations to tap the sunÂ’s rays for energy while forming another grouping with the coastal countries to harness ocean wave energy. As the October 26-30 mega diplomatic event […]
A rapid expansion in the manufacturing accelerated India’s factory output growth to 4.2 percent in July against a marginal rise of 0.9 percent in the like month of last year, official data showed on Friday. According to the Central Statistics Office (CSO), which released the data on the Index of Industrial Production (IIP), the revised […]
Ford Motor Company on Thursday said it would expand its operations in Tamil Nadu but did not disclose the quantum of investment. In a statement issued here, Ford said the new investment will be for expansion of capacity at its car plant near here and for setting up of a new global engineering and technology […]
Indo-Canadian relations are poised for a leap growth in the coming years, says the Indo-Canada Chamber of Commerce (ICCC). The premier trade and business body between the two countries says the visit of Prime Minister Narendra Modi here in April has put the growing bilateral ties on a fast track. “Canada was not willing much […]
UIA delivers another successful Friendship Fair The UIA executive committee worked tirelessly to put together another successful event for the community and their efforts were rewarded with rain staying away despite all weather reports predicting a washout. The executive committee pondered calling off the event and postponing the Fair but the major sponsor Waugh Global […]
Minister responsible for Fair Trading Victor Dominello is again urging NSW consumers with Samsung top loader washing machines subject to a government recall to contact Samsung on 1800 239 655. Mr Dominello and Fair Trading Commissioner Rod Stowe welcomed a statement today from the Australian Competition and Consumer Commission advising affected consumers of their […]
A defence arm of the Anil Ambani-led Reliance Group has been picked for another project by the Russian government — this time for a Rs.6,000-crore ($925 million) potential deal to make 197 helicopters for the Indian Army and the Indian Air Force, informed sources said on Friday. Touted as among the largest deals under the […]
Increasing bilateral investments, a greater role for India in regional security and stability and fighting terrorism are among the key issues that are likely to come up for discussion during External Affairs Minister Sushma Swaraj’s visit to Egypt early next week. “The visit of the Indian external affairs minister next week is a continuation of […]