Vietnam President invites Indian businesses to invest in his country
The Dollar Business Bureau President of Vietnam, Tran Dai Quang extended invite to business communities in India to invest in Vietnam and said that his country offers conducive environment and sustainable development. “India continues to be among Vietnam’s top ten trading partners as the bilateral trade turnover has increased 16% per annum on average in the past decade,” the Vietnamese President said while addressing a business meeting jointly organised by ASSOCHAM, CII and FICCI in New Delhi on Saturday. “India has given priority to Vietnam in development cooperation and education and training, and paid attention to promoting bilateral cooperation in science and technology, information and communication, energy, oil and gas, agriculture and tourism,” he said. “India has actively supported Vietnam in training, capacity building, ...
There are huge opportunities across entire food value chain: President
The Dollar Business Bureau India’s food consumption is expected to reach $1 trillion by 2025 and the entire food value chain in the country offers immense opportunities for domestic as well as foreign investors, said President Ram Nath Kovind on Sunday. This is a sector having ‘huge business appetite’ and has potential for generating employment for the huge young population and women of India, the President said, while speaking at the World Food India 2017. He further said that by putting focus on food processing will not only help in cutting down ‘unacceptable level’ of wastage of food in the country but also help in doubling the income of farmers. “Food is culture but food is also commerce. ...
Ram Nath Kovind will be the new President of India, to take oath on July 25
The Dollar Business Bureau Former Governor of Bihar and National Democratic Alliance's (NDA's) Presidential nominee Ram Nath Kovind will become the 14th President of India. He will succeed the incumbent President Pranab Mukherjee, whose tenure is completing on July 25. Kovind obtained 65.65% of votes from the Electoral College, while his opponent, joint Opposition nominee Meira Kumar got just 34.35%. “Kovind secured 2930 votes with a value of 7,02,044. Meira Kumar got 1,844 votes with the value of 3,67,314, and 77 votes were invalid,” informed Anoop Mishra, the returning officer for Presidential Election 2017. Prime Minister Narendra Modi congratulated Kovind for his win. “Gladdened by the extensive support for Ram Nath Kovind Ji among MPs and across various states,” Modi said. Kovind got votes of 522 ...
Nepal-India to strengthen cooperation in trade, security, energy
The Dollar Business Bureau India and its neighbour Nepal will further strengthen cooperation in some key areas such as investments, trade, security and energy, the Ministry of External Affairs of India said. The two countries had discussions on various issues during the Nepalese President Bidya Devi Bhandari ongoing visit to India. The Nepalese President is on a visit from April 17-21 to India and held meetings with Indian President Pranab Mukherjee, Vice President Hamid Ansari, External Affairs Minister Sushma Swaraj, Home Minister Rajnath Singh and Finance and Defence Minister Arun Jaitley. The two sides noted that India-Nepal ties derive their strength from their shared history, common ethos of culture, and long intense and close people-to-people contact supported by the open borders, MEA said in ...
Combined GDP of India, Africa would be $35 tn by 2050: President
Aamir H Kaki President Pranab Mukherjee on Thursday said that a new spirit of awakening and cooperation could describe the partnership between India and Africa. It is projected that by 2050, the combined GDP of the two regions would reach $35 trillion and the combined population would surpass 4 billion. "The India-Africa century has begun and let us accelerate this process,” he said while inaugurating the 12th CII-EXIM Bank Conclave on India Africa Project Partnership, in New Delhi. India’s connection with Africa is not new. The relations between the two regions have deepened over the years. We are committed to creating genuine partnerships that generate jobs and opportunities for the people of both the regions, he said. Mukherjee said that India has strongly ...
President inaugurates 36th edition of IITF
Sourced from PIB The President of India, Pranab Mukherjee inaugurated the 36th edition of the India International Trade Fair 2016 today (November 14, 2016) in New Delhi. Speaking on the occasion, the President said that the India International Trade Fair is a mega projection of the new India that is fast taking shape. It showcases the vision of a glorious tomorrow, a spirit of excellence and achievement and unparalleled investment opportunity through the prism of the ‘Make in India’ and ‘Digital India’ initiatives taken by the Prime Minister, Narendra Modi. The fair symbolises India’s commitment towards bringing the benefits of economic reform to its people from all walks of society, especially the under-privileged. The President complimented ITPO for the theme of ‘Digital India’, this year. He said ...
Nepal eager to develop water connectivity with India
The Dollar Business Bureau Nepal on Wednesday expressed its eagerness to develop water connectivity with India through the rivers Ganga and Kosi that will link the Himalayan nation with the ports in West Bengal. The matter was raised by Vice President of Nepal, Nanda Bahadur Pun, during his meet with President of India, Pranab Mukherjee. Earlier, Mukherjee also held a meeting with the President of Nepal, Bidya Devi Bhandari. Mukherjee is on a three-day visit to Nepal, the first visit in 18 years by an Indian President. “All aspects of connectivity were discussed but one interesting thing that came up during this time and this was raised by the Vice President and that was connectivity by water. He was talking about connectivity from Kolkata ...
India to help Namibia on its economic objectives
The Dollar Business Bureau India would provide every assistance that Namibia may require to improve its socio-economic objectives, President Pranab Mukherjee said on Thursday. He appreciated the vision of President (Hage) Geingob in introducing the 'Harambee Prosperity Plan'. India stands ready to extend any assistance that Namibia may require for achieving the 'Harambee Prosperity Plan's socio-economic objectives, Mukherjee said. The Indian President underlined that the relationship between India and Namibia has been built on the firm foundation of mutual trust and understanding. India would be happy to partner with Namibia in implementation of 'Vision 2030' through inclusive development and capacity building. India also respects the Namibian Parliament’s contribution in promoting developmental agenda and political dialogue, he said. India has agreed to extend all ...