Saudi Abdullah 4 Day Visit (January 26, 2006)
After a space of 51 years, Saudi Arabian King Abdullah bin Abdul-Aziz al Saud is visiting India for a 4-day visit. Defying protocols, the Prime Minister received him at the airport.<More>

ONGC Invests 250 m in Sudan (January 25, 2006)
ONGC Videsh Limited and Bharat Heavy Electricals Limited (BHEL) have teamed up to invest USD 350 million in a 500 megawatt (MW) project in Sudan.<More>

India, Saudi Strengthen Economic Ties (January 25, 2006)
Saudi Arabian King Abdullah bin Abdul-Aziz visited China and the two countries have signed a protocol on oil exploration, natural gas, and minerals.<More>

IFC Continue to Support Indian Infra Investments (January 21, 2006)
In a recent report, the International Finance Corporation (IFC), the private sector lending arm of the World Bank, has said that it will continue to support Indian investments in infrastructure.<More>

India, Saudi to Fight Terrorism (January 21, 2006)
India and Saudi Arabia will sign an agreement that will increase co-operation to fight crime and terrorism, avoid double taxation, and prevent tax evasion.<More>

Netherlands Praises India's Economic Progress (January 20, 2006)
Speaking at the Indian Institute of Science (IISc), the Netherlands Prime Minister Jan Peter Balkenende said that India is well on its way to becoming a global economic and political power. <More>

Govt Plans More Power Plants (January 18, 2006)
The Federal Power Ministry unveiled ambitious plans to create several ultra mega power plants that can generate 4000 mega watts (mw) at the cost of Rs.150 billion each.<More>

UK Plans FTA with India and EU (January 18, 2006)
To get a fair share of India's growing global trade engagement, Britain has mooted a plan to create a Free Trade Agreement between India and the European Union.<More>

TRAI to Resurrect Convergance (January 17, 2006)
The Telecom Regulatory Authority of India (TRAI) is planning to resurrect an old plan to converge telecom, Internet, and broadcasting sectors. <More>

KIOCL Stops Mining Western Ghats (January 17, 2006)
The Kudremukh Iron Ore Company Limited (KIOCL), a Federal Government-owned public sector company complied with Supreme Court orders and stopped mining ore in the environmentally sensitive Western Ghats.<More>

Corps Want Simple Taxation Structure  (January 16, 2006)
Several economists encouraged the Government to maintain corporate taxation structure but simplify it. <More>

Increased NRI Remittance Contains Deficit (January 16, 2006)
A 15% increased inward remittances from expatriates have contained current account to about 2.5% of the USD 800 billion Indian economy. <More>

India and Japan Expects to Sign CEPA (January 16, 2006)
Indian and Japan are expected to sign a Comprehensive Economic Partnership Agreement (CEPA) by the end of the year. <More>

India, China Sign Oil and Gas Framework (January 14, 2006)
Federal Petroleum Minister Mani Shankar Aiyar said that India and China signed a framework that would allow state-owned oil and gas companies can evolve and submit joint bids for acquisition of assets overseas. <More>

Indo-Saudi Agreements Announced (January 14, 2006)
Information and Broadcasting Minister Priyaranjan Munshi stated announced that the Indian and Saudi Governments are signing a bilateral agreement on investment and protection.<More>

FM to Simplify FBT (January 13, 2006)
Indian Finance Minister P. Chidambaram has said that the Government will simplify the controversial Fringe Benefit Tax (FBT) but not withdraw it. <More>

Myanmar Pipeline Setback (January 12, 2006)
In a major blow to Indian plans procure gas and transport them through trans-national pipelines, Myanmar has spurned an Indian offer in favor of China.<More>

Budget to have Rural Bias (January 11, 2006)
The Indian Finance Minister P. Chidambaram met with business leaders for a pre-budget consultations and hinted that the budget will have a strong rural bias and emphasis.<More>

Board of Trade Discuss Decline in Exports (January 11, 2006)
Federal Commerce & Industry Minister Kamal Nath has called for a Board of Trade meeting to discuss the alarming decline in exports in November 2005. <More>

SC Agrees to Hear FBT (January 10, 2006)
The Supreme Court has agreed to hear several cases filed in High Courts against the controversial Fringe Benefit Tax (FBT). <More>

Govt Approves New Oil Project  (January 10, 2006)
The Government authorized the creation of a strategic oil reserve project under the control of the federal Oil Industry Development Board (OIDB).<More>