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TitleIndia Germany bilateral trade to touch €20 billion in 2012
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Posted by aksmails Posted 12.07.2012 12:43 Categories: Economy  Tags: mcx-sx sebi ftil 
Market regulator Securities & Exchange Board of India (SEBI), granted permission to MCX stock Exchange (MCX-SX) to operate as a full-fledged stock exchange, a development that ends nearly 4 year long wait.
Posted by aksmails Posted 10.07.2012 09:30 Categories: Economy National  Tags: trai spectrum egom 
The union government appointed Home Minister P. Chidambaram chairman of the Empowered Group of Ministers (EGoM) on spectrum. He became the 3rd chairman of the EGoM, replacing Sharad Pawar, Who took the place of Pranab Mukherjee.
Posted by aksmails Posted 10.07.2012 09:27 Categories: Economy National  Tags: sail iisco mtpa crude steel greenfield steel 
Steel Authority of India Ltd. Plans to invest a sum of Rs 1.31 lakh crore to expand its production capacity to 45 million tones per annum (mtpa) by 2020
Posted by aksmails Posted 10.07.2012 09:23 Categories: National Economy  Tags: vedanta rajasthan mangla barmar gas 
The prospects of establishing a refinery in western Rajasthan has brightened up with the Vedanta Group, which owns the Mangla oilfields in Barmar, offering participation in the venture.
Posted by Posted 07.04.2012 12:44 Categories: International  Tags: urban population growth 
India will witness the largest increase in urban population in the next four decades followed by China, a United Nations report has said.

India and Germany have set a target of €20 billion bilateral trade turnover by the end of 2012 with major German companies planning investments across sectors in India.

At present, the trade between the two nations has gone past the € 15.5 billion mark in 2011.

Prime minister, Manmohan Singh and the German chancellor, Angela Merkel have already laid the path for strengthening of the Indo-German trade relations. Companies like chemical giant BASF, technological and power leader, Siemens, cutting edge technological leader for automotive and renewable energy, Bosch are upbeat about India’s growth and have already outlined plans for big investments in India during the next few years. Both the countries have also identified focus areas for cooperation including those relating to education, research and nuclear physics.

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