10 percent GDP growth possible: PM Indian Prime Minister, Dr. Manmohan Singh, has announced that a growth rate of 8 percent for the GDP was not only sustainable but the country could also "realistically hope to target a growth rate of 10 percent per annum." 03 May 2006
32.
Kamal Nath urges greater economic cooperation with Asian nations In an effort to reduce India's trade and investment dependence on the West, Union Commerce and Industry Minister, Kamal Nath, has emphasized on the need for larger trade engagements with Asian countries like China, Japan, Thailand, Malaysia, Indonesia, Singapore and Korea. 28 Apr 2006
India's oil bill jumps 48 percent to $ 43 billion India's oil import bill has jumped 48 percent to $ 43 billion in 2005-06 owing to high global oil prices, Union Commerce Minister, Kamal Nath, has announced. 14 Apr 2006
36.
India Inc. welcomes new Foreign Trade Policy India Inc. has welcomed the Annual Supplement to the Foreign Trade Policy, terming it as a pragmatic approach that would boost exports. 13 Apr 2006
37.
India to grow as 'global hub,' promises Commerce Minister The annual supplement to the foreign trade policy 2004-09 has incorporated measures to develop India as a "global hub" for gems and jewellery and auto components and also to increase services exports. 12 Apr 2006
38.
Indian textile industry seeks Rs. 1,40,000 cr investment Ahmedabad - The Indian textile industry is seeking to invest Rs. 1,40,000 crore in order to target the share of the textile consumption in the world, which is around $ 85 billion, including export of $ 50 billion and rest $ 35 billion for consumption in the domestic market. 04 Apr 2006
