• Sign Up
  • |
  • Sign In Sign Out
  • |
  • Make us your home
  • |
  • RSS
1 2
1 15
1 4
1 9
1 14
IPO
1 25
1 5018
B2B
1 5018
  • DOMESTIC FUNDS NET BUY RS.399.25 CR IN EQUITIES ON FEBRUARY 9 (PROVISIONAL)
  • FOREIGN FUNDS NET SELL RS.525.27 CR IN EQUITIES ON FEBRUARY 9 (PROVISIONAL)
  • MUTUAL FUNDS NET BUY RS.37.1 CR IN EQUITIES ON FEBRUARY 8
  • MCNALLY BHARAT BAGS ORDERS WORTH RS.56.64 CR FROM HINDALCO
  • FOREIGN FUNDS NET SELL RS.806.5 CR ($172.3 MN) IN EQUITIES ON FEB 8
  • Q1'10 REVENUE GUIDANCE UP 3.4% AT $935 MN (QOQ)
  • REVENUES UP 6% AT $902.7 MN, NET INCOME UP 5.4% AT $144 MN (QOQ)
  • TO IMPORT 1.2 MT/YR OF LNG FOR CAPTIVE USE AT THE POWER PLANT
  • DELHI HC REJECTS BAYER'S APPEAL AGAINST CIPLA'S SORANIB DRUG: NW
  • BANKS CAN ALLOW COS TO TWEAK ECB DRAWDOWN, REPAYMENT SCHEDULE: NW
  • TO SOON FINALISE PLANS FOR THE PROPOSED 1,200 MW DAHEJ POWER PLANT
  • CNX MIDCAP INDEX UP 0.88%, BSE SMALLCAP INDEX UP 0.44%
  • SENSEX CLOSES UP 106 POINTS, NIFTY UP 32 POINTS AT CLOSE
  • RIL HAS NOT STOPPED PETROL EXPORTS TO TEHRAN: NW
  • REVENUES FROM INDIA INCREASED TO 8% VS 2% NEARLY 2 YEARS AGO
  • CUTS ALUMINIUM PRODUCT PRICES BY RS.8000/TONNE
  • BANKS' LOAN GROWTH RATE SEEN AT 16-18% THIS FISCAL YEAR
  • CRR HIKE TO HAVE SOME IMPACT ON LIQUIDITY, NOT TO IMPACT LOAN RATES
  • TO REACH $1 BN REVENUE MARK THROUGH INORGANIC AND ORGANIC GROWTH
  • IPO PLANS HAVE BEEN REVIVED; LOOKING AT AN IPO SOON
  • OSE CONSORTIUM WINS 99 KM KARNATAKA HIGHWAY PROJECT WORTH RS.1700 CR
  • WILL ACHIEVE $500 MN IN REVENUES BY 2013
  • SOME STIMULUS MEASURES WILL BE ROLLED BACK BY APRIL
  • FY'10 EXPORTS LIKELY TO BE AROUND $165 BN-$170 BN
  • TO DIVEST 10% STAKE IN THE COMPANY VIA IPO: NW
  • MULLING TO RESERVE 1% OF SHARES IN IPO FOR STAFF: NW
  • MAHARASHTRA FACING A SHORTFALL OF 5,000 MEGAWATTS
  • EXPECT STABLE MARGINS IN THE AFFORDABLE HOUSING SEGMENT
  • EXPECT DOUBLE DIGIT GROWTH IN PROFITS NEXT YEAR
  • CONFIDENT THAT INDIA WOULD CONTINUE TO SEE INCREASING INFLOWS GOING AHEAD
Updated: 05/08/2008 | 06:27 PM IST
US to be blamed for failed WTO talks: Expert
Press Trust of India
Tuesday, August 05, 2008 (Mumbai)
Comments:
Read (0)

United States is to be solely blamed for the flopped WTO mini-Ministerial talks as it was not ready to "sew up a deal" in view of the impending presidential elections and it is unlikely that the Doha Development Round will conclude before 2011-12, a trade expert said on Tuesday.

"The US was not ready to sew up a deal because of a lame duck President who does not have a fast-track authority and I, therefore, expect the WTO talks to begin in full earnest in mid-2009 when there is a new US administration," trade expert Pradip S Mehta said.

"The flopped Geneva meeting has, however, removed the envelope. Thus, I feel that it did achieve some progress so that the glass is half full and not half empty," he said.

Expecting the Doha Development Talk to conclude sometime in 2011-12 Mehta said, "It was just not possible to finish it now."

The Doha Round is meant to deepen commitments already made in the Uruguay Round of negotiations and make the global trading system more development friendly.

"Thus, it needs much more time as it involves greater depth and many more concessions from rich countries like US and EU and advanced developing countries like India and China," he said.

"The collapse of WTO talks augurs well for India as it could not afford a deal at the moment because of ensuing elections," he said

A CUTS-FICCI event on August 12-13 in New Delhi, to be attended by WTO Director General Pascal Lamy, will look at assisting least developed countries to move up the economic ladder by improved international cooperation through aid-for-trade, Mehta said.

"Many poor countries are unable to take advantage of trade opportunities due to poor infrastructure or mal-governance. The conference will take stock of measures which need to be put in place to enable a better supply side infrastructure," he added.

One also expects India, through Commerce and Industries Minister Kamal Nath, to make known to the outside world its own policy on development cooperation, he said.

Comments:
Read (0)
Comments
 
Market Watch
         
Graphs
Stocks

                                Moremore
Stock Dashboard
Trading Calls
Simi Bhaumik
Simi Bhaumik
-0.39% status
Current: Rs 1172.65
Ashuu Kakkarr
Ashuu Kakkarr
0.29% status
Current: Rs 1571.15
Nikita Sureka
Nikita Sureka
-0.68% status
Current: Rs 359.9
Stock Recos
It looks that it won’t slide below the 200 level
Financial stocks are currently under-performing
Buy or Sell
Today's Analyst: Ashuu Kakkarr
Query : Umesh Chandra, from Bahadurpur, has 1000 shares of Fortis at Rs 99/share.
TV Schedule