India, Japan plan an alternative to OBOR
The Dollar Business Bureau China’s 2 day unveiling of the One Belt One Road initiative, saw 29 heads of state coming together to partake in the $900 bn investment initiative aimed at developing land and sea trade routes from China to Europe; there were two conspicuous absent nations from the meet, Japan and India. India in its statement reply to China’s invitation to the initiative said, “We are of firm belief that connectivity initiatives must be based on universally recognized international norms, good governance, rule of law, openness, transparency and equality... Connectivity projects must be pursued in a manner that respects sovereignty and territorial integrity. India’s reluctance is plain and open. The CPEC route threatens to violate India’s sovereignty as the project passes ...
Ban on large diesel vehicles a transient phase: Jaitley
PTI Finance minister Arun Jaitley, who is in Japan, has played down the ban on new large diesel vehicles in Delhi, saying it is a “transient” phase and India is a market large enough not to adversely affect auto companies. Jaitley, who arrived in Tokyo on Sunday for a six-day tour to woo investors, is to meet Suzuki Motor chairman Osamu Suzuki on Tuesday. In Delhi, the heavy industries ministry on Monday requested the national green tribunal not to extend the diesel vehicle ban to other cities, news agency ANI reported. Reports said the country’s only green court was looking at broadening the bar to 11 more cities, worrying auto makers. A week ago, the NGT ordered light and heavy diesel vehicles older than ...
"India to drive world growth for next 10 yrs"
PTI Amid concerns of a slowing global growth, India is a beacon of hope and has the potential to drive the world economy for the next 10 years, former Singapore prime minister Goh Chok Tong said today. "India is a hope for us. India is at a stage China was 10 years ago to amend slack in the economy," he said speaking at the Future of Asia Conference organised by Nikkei here. Finance Minister Arun Jaitley, who arrived here yesterday on a 6-day tour to help mobilise investment, attended the conference, but did not make any statement. He is scheduled to speak at the conference tomorrow. The former Singapore prime minister felt that India should take advantage as ...
Jaitley to meet key investors in Japan soon
The Dollar Business Bureau Finance Minister Arun Jaitley has plans to visit the Soft Bank CEO and the head of Suzuki Motor Corp head Osamu Suzuki as well as several other investors during his six-day trip to Japan. An official statement informed that Jaitley will leave for Japan, Saturday evening. Upon his arrival in Tokyo, he will meet the Chief Executive officer of Soft Bank Masayoshi Son to discuss the investment opportunities that India will present to the them. After that, on Day 2 he would meet the Japanese Prime minister Shinzo Abe and attend the 22nd International Conference on “The future Asia”, which is being organized by Nikkei Inc. The meeting with Suzuki head has been planned for May 31st after his participation ...
