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KMPG Reported Investment in Mining Exploration and Production in India
The massive infrastructure investment planned by India and China during 2009 could lead to a surge in iron ore prices again even as valuations have reduced as a result of falling prices which have had a knock-on effect on long-term iron ore contracts.
India invites foreign investment in mining
India’s Minister of State for Commerce and Industry Ashwini Kumar has invited global mining companies to invest in his country, while pointing out that a liberal policy had been formulated to facilitate the flow of overseas capital in the sector.
Addressing the chief executives of some of the largest mining companies of the world at the [...]
Canada and India expanding bilateral trade
For the first time, Canadian exports to India have crossed $1-billion while two-way trade approaches $3-billion. Trade includes not just Business Process Outsourcing (BPO), from call centres and tech support to the sophisticated financial services, auto parts, pharmacy, and information technology, but also cutting-edge R&D, especially in engineering. Non-conventional areas are also growing: oil and [...]
