The Indian bullion market gold prices are reaching record highs, due to global cues and a weak rupee. The high prices have hammered India's gold imports. The trend matched the bullrun at international markets as investors opt for gold in a worsening global economic outlook. Currently, gold is priced at Rs 15,555. ...

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The food processing sector will be the driving force of India's economy amid the economic downturn, heightening the importance of foreign investment within this sector said the Minister of State for Food Processing Industries Subodh Kant Sahai at a National Meat and Poultry Processing Board event covered by www.smetimes.tradeindia.com. Under the 11th Five Year Plan, 30 mega food ...

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The 18th International Engineering & Technology Fair (IETF) 2009 is underway in Bengaluru. This year the special focus is on small and medium enterprises (SMEs) who have been brought into the manufacturing section for product exhibition. South Africa is partnering the event for the second time in order to achieve a bilateral trade target of US $12 billion by 2010 from ...

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Though the vote on account extended the interest subvention scheme for six months, the vote disappointed exporters, according to A. Sakthivel, President of the Federation of Indian Export Organizations (FIEO) in an article published by www.smetimes.tradeindia.com "Looking at global slowdown and stimulus announced by other countries we were expecting exemption of fringe benefit tax, service tax, re-introduction of income ...

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Railway Minister Lalu Prasad Yadav left freight rates unchanged in the interim budget released on Friday in order to offset increases in traffic and road transportation resulting from cheaper diesel prices. He also mentioned the decrease in the growth rate of steel traffic, which has affected freight loading and earnings. ...

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