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Scaling a new Summit

India inks DTAA with Ethiopia to check tax evasion

India has signed a Double Taxation Avoidance Agreement (DTAA) with Ethiopia to check tax evasion and facilitate exchange of banking information.

First Indian PM to visit Addis Ababa, Singh wins hearts

The first Prime Minister from India to visit Ethiopia ever, Manmohan Singh, won over the hearts of Ethiopian Parliamentarians, calling their country the cradle of humankind, a magnet for foreign investment, and one of the most stable and progressive states driving the engine of African growth.

India pledges $191 mn for Tanzania, to jointly combat piracy

By Manish Chand

Giving another push to India's diplomatic thrust in Africa, India Friday pledged $191 million in lines of credit and grants for a slew of development projects in Tanzania as the two countries vowed to combat the twin scourge of terrorism and piracy.

Africa, India agree to boost banking business

By Lucas Ajanaku

Indian and African leaders have agreed to cooperate in the banking sector and take measures to boost trade, aviation and energy sectors in the continent. At the end of their two day high-level talks, the two sides agreed to encourage the opening of branches of Indian banks in Africa and African banks in India to participate in the growing financial flows between Africa and India. The summit, attended by 15 African leaders and the Indian Prime Minister Manmohan Singh, also resolved that Africa and India reiterated the mutual desire to expand economic cooperation and trade and investment linkages between them.

Come and farm our virgin lands, Ethiopia tells India

We want to see more Indian companies in every field: Zenawi

IMF reform �not one-shot' process, says Manmohan

Declaring the struggle for reform at the International Monetary Fund to be a long-term one, Prime Minister Manmohan Singh said international relations were about �power relations� and that those who wielded power would always be reluctant to give it up.

French kiss at IMF the day PM mouths his displeasure

LAGARDE BIDS FOR TOP POST;INDIA WANTS EUROZONE HEGEMONY TO END

Investing in Africa an Act of Faith: Manmohan

Prime Minister Manmohan Singh has said that political instability in parts of Africa will not be allowed to come in the way of New Delhi's aggressive 'resource diplomacy' with the continent.

India, Africa call for global cooperation to combat price rise

Concerned over disturbing trends in global economy, India and Africa called for an increasing economic cooperation to combat the menace of rising food and energy prices, reports the Press Trust of India (PTI).

India asks UN to take lead in combating international piracy

India made a strong pitch to the UN to take the lead in evolving a comprehensive response to the threat of international piracy in the Red Sea and off the coast of Somalia to ensure unhindered maritime trade.