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Inflation-indexed food subsidy best to calculate local subsidies - govt source
Published on Friday, August 1, 2014 6:29 PM

NEW DELHI - Inflation-indexed food subsidy calculation is the best way to calculate domestic subsidies, an Indian trade ministry official said on Friday.

India's demands for concessions on agricultural stockpiling blocked on Thursday a global deal to standardise customs rules, which would have been the fi ...

Inflation-indexed food subsidy best to calculate local subsidies - govt source
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India expects deal on trade facilitation, food security in Sept - source
Published on Friday, August 1, 2014 6:15 PM

NEW DELHI  - India is prepared to engage with members of the World Trade Organisation (WTO) to sign a deal on trade facilitation and food security in September, a senior trade ministry official said on Friday.

India's demands for concessions on agricultural stockpiling blocked on Thursday a global de ...

India expects deal on trade facilitation, food security in Sept - source
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India's forex reserves rise to $320.56 billion as of July 25 - RBI
Published on Friday, August 1, 2014 5:55 PM

MUMBAI  - India's foreign exchange reserves rose to $320.56 billion as of July 25, compared with $317.85 billion in the week earlier, the Reserve Bank of India said on Friday.

Changes in foreign currency assets, expressed in dollar terms, include the effect of appreciation or depreciation of other cu ...

India's forex reserves rise to $320.56 billion as of July 25 - RBI
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India plans $1.5 bln cellphone air waves auction in February - memo
Published on Friday, August 1, 2014 5:46 PM

MUMBAI  - India plans to hold an auction of airwaves for mobile phone network operators in February next year and aims to raise an initial $1.5 billion, according to a draft government plan seen by Reuters.

The Department of Telecommunications plans to sell radio wave frequencies in the 800, 900 and 1800 ...

India plans $1.5 bln cellphone air waves auction in February - memo
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Hero MotoCorp July sales up 9 percent y/y
Published on Friday, August 1, 2014 3:07 PM

NEW DELHI - Hero MotoCorp Ltd , India's largest maker of motorcycles and scooters, said on Friday its July sales rose 9 percent from a year earlier to 529,862 units.

The company had sold 487,545 units in July 2013.

Since its 2011 split from Japan's Honda Motor Co , Hero has been inves ...

Hero MotoCorp July sales up 9 percent y/y
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U.S. says India refusal on WTO deal a wrong signal
Published on Friday, August 1, 2014 2:19 PM

By David Brunnstrom and Matt Siegel

NEW DELHI/SYDNEY  - U.S. Secretary of State John Kerry told Prime Minister Narendra Modi on Friday that India's refusal to sign a global trade deal sent the wrong signal, and he urged New Delhi to work to resolve the row as soon as possible.

A Worl ...

U.S. says India refusal on WTO deal a wrong signal
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Nine reasons why India's WTO veto shocked the world
Published on Friday, August 1, 2014 2:05 PM

By Tom Miles

GENEVA  - India's tough diplomacy blocked a landmark world trade treaty late on Thursday, despite last-ditch talks to rescue what would have been the first global trade reform since the creation of the World Trade Organization 19 years ago.

Trade diplomats in Geneva have ...

Nine reasons why India's WTO veto shocked the world
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Infosys' new CEO Sikka says to improve business with new growth avenues
Published on Friday, August 1, 2014 2:02 PM

  Infosys Ltd  will improve its business by looking for new growth avenues and will return to historical performance levels in two years, top executives said on Friday.

Vishal Sikka, the 47-year-old former executive board member of German software company SAP AG , took charge of India's second-biggest IT service ...

Infosys' new CEO Sikka says to improve business with new growth avenues
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Kerry tells India refusal to sign WTO deal sends wrong signal
Published on Friday, August 1, 2014 1:06 PM

NEW DELHI  - U.S. Secretary of State John Kerry told Prime Minister Narendra Modi on Friday that India's refusal to sign a global trade deal had sent the wrong signal, and urged New Delhi to work to resolve the row as soon as possible.

A World Trade Organisation pact to ease trade collapsed on Thursd ...

Kerry tells India refusal to sign WTO deal sends wrong signal
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