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The Dollar Business Bureau A large delegation of businessmen and traders from India is participating in the yearly China's South Asia Expo which was inaugurated on Sunday in China’s southwest Kunming city. At the expo, the Federation of Indian Export Organisations (FIEO) and Indian Chamber of Commerce (ICC) set up special pavilions, which were inaugurated by Y K Sailas Thangal, the Indian Consulate General in Guangzhou. The expo which is into its fourth year attracts businessmen from China, and countries from South and South East Asia. The event provides a good platform to the traders to showcase and sell their products as well as strike business deals. Besides being an expo, the event is also a fair where handicrafts, ...

 The Dollar Business Bureau The Indian Chamber of Commerce (ICC) on Thursday signed an MoU with the Chamber of Commerce of Grand Duchy of Luxembourg to jointly promote and develop trade and economic relations between the two trade partners. This agreement is envisaged to facilitate further co-operation between the members of Luxembourg Chamber and India for discussing concerns and opportunities of mutual interest. As part of the agreement, the two trade bodies will exchange information on the legislation and regulatory procedures required to carry out businesses with each other. On Wednesday, ICC’s Member-Executive Committee Rajat Dalmia and Luxembourg Chamber of Commerce Vice President Robert Dennewald inked the deal in New Delhi. The latest initiative is also significant from the point of ...

Source: PIB, Government of India Source: PIB, Government of India   The Union Minister of Steel & Mines Narendra Singh Tomar will be the Chief Guest at the “4th India Minerals & Metals Forum 2015- Ferrous & Non Ferrous” on Wednesday June 24, 2015 to be held at Hotel Le Meridien, New Delhi. The resurgence in domestic economic growth will increase the metal consumption. The formation of new stable government at the Centre has reassured the corporate and consumer sentiment significantly. Moreover, adoption of various structural and pro-business reforms is likely to put the economic growth back on track in a phased manner. Expected improvement in domestic gross domestic product (GDP) growth is likely to improve both domestic demand for the various ...

The Dollar Business Bureau As a way to boost the country’s coal production, the Coal India Limited (CIL) on Friday unveiled its roadmap of strategies to be adopted in order to attain the 1 Billion Tonne (BT) coal production mark by 2019-20. While the country’s projections towards coal production stands at around 1,200 MTs by 2019-20 at an envisaged growth rate of 7%, CIL is set to reach 1 BT target of which, 908 MTs is the expected contribution from the identified projects. The announcement to this effect was made by Bhattacharya, CMD , Coal India Ltd, at a media briefing on Friday. He further said that the identification of projects for this purpose is also underway, adding that the ...

Sai Nikesh | The Dollar Business India’s state-owned Coal India in January ramped up coal production from domestic mines, which resulted in decrease of imports in the month. According to reports from online traders on Monday, decrease in shipments impacted the coal imports that has fallen by 21% in January, over the previous month. The shipments remained low in the month due to a decreased demand from the domestic steel makers, added the report. However, India’s largest online trader ‘mjunction data’, in its report says that the coal imports in January, 2015 recorded 3 % year-on-year increase. While the coal imports in January, 2015 remained 15.73 Million Tons (MT), it was only 15.37 MT in January, 2014. Going by the ...