ข่าวเศรษฐกิจประจำวันที่ 26 ธันวาคม 2554
NEW DELHI, December 26 – THE HINDU – India on Friday held the first meeting of defence dialogue with Thailand and both sides exchanged views on the regional security issues and reviewed ongoing programmes including joint exercises, training of personnel, diplomatic sources said adding that work has begun on a possible Memorandum of Understanding in the area. The dialogue also assumes significance since India has invited Thailand Prime Minister Yingluck Shinawatra to be the chief guest at next year's Republic Day parade. Thailand Foreign Minister Surapong Tovichakchaikul is scheduled to visit New Delhi from December 26 to 28 for a meeting of the Joint Commission. Defence cooperation between India and Thailand comprises regular joint exercises/joint maritime patrols near the international maritime boundary to counter terrorism, piracy and smuggling; training of officers at each others' Armed Forces Training institutions and participation as observers in military exercises, staff talks and exchange of trainee visits at various levels. – BUSINESS STANDARD – Foreign Direct Investment (FDI) into India dipped by over 50 % to $1.16 billion in October for the second month in a row. The country had received $2.33 billion overseas investment in the same month last year. In September, the inflows were at $1.76 billion, down by 16.5 % year-on-year. Despite uncertainties in the global economy, FDI may touch $35 billion in 2011-12, against $19.4 billion in the last fiscal on account of major deals. According to experts, uncertain economic conditions in the US and Europe are one of the major reasons for the declining FDI in India. Mauritius, Singapore, the US, the UK, the Netherlands, Japan, Germany and the UAE are major sources of FDI for India. – BUSINESS STANDARD – According to the head of the International Monetary Fund (IMF), Christine Lagarde the world economy is in a dangerous situation. She also said that the IMF’s four per cent growth forecast for the world economy in 2012 could be revised downward. – FINANCIAL EXPRESS – It was a case of politics prevailing over policy reforms as far as India's booming retail sector was concerned in the year going by, although that did not deter companies from going ahead and expand their operations. The highlight of the year in the retail sector, estimated to be around USD 450 billion and growing at around 15 % was clearly the cabinet's decision to allow 51 % FDI in multi-brand retail and 100 % in single brand retail in November. The decision was welcomed by both domestic retail players, including Future Group, Reliance Retail, Shoppers Stop and Aditya Birla Retail, and foreign giants such as Walmart, Tesco and Carrefour. – ECONOMIC TIMES – India and Japan are set to push ahead with three major infrastructure projects on solar power, seawater desalination and gas-fired energy production during the upcoming visit of Prime Minister Yoshihiko Noda to New Delhi. The signing ceremony will possibly be held in January, when Japanese Economy, Trade and Industry Minister Yukio Edano will visit India.