Thursday, August 25, 2011

Melbourne Unveils Draft Plan to Strengthen Business Ties with India, IST

The Australian city of Melbourne has announced a draft plan to strengthen business ties with India, with a focus on building economic prosperity, facilitating learning and supporting community, cultural and civic links between the two countries. The city of Melbourne already has a strong working relationship with India and this engagement framework will ensure it continues to grow. Currently, India is Australia's fifth largest trading partner and through this engagement, the city of Melbourne now plans to focus on three key goals -- building economic prosperity, facilitating learning and supporting community, cultural and civic links between the countries

Gems, Jewellery Exports Grow 5.4% in July, PTI
Gems and jewellery exports grew at a slow pace of 5.4 per cent to USD 3.3 billion in July year-on-year. In the previous month, the exports had jumped by 17 per cent. The exports stood at USD 3.1 billion in July last fiscal. The US accounts for about 25 per cent of the country's total gems and jewellery exports, Europe contributes 20 per cent. demand from new markets like Russia, Latin America and Africa is increasing

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