TAMLUK: The economy of East Midnapore district could be in trouble, since it is heavily dependent upon the cultivation of Bagda prawns, a product for which there is dwindling demand.

Getting right donor at right time remains a far cry here as superstitions, non-declaration of brain-dead patients make 1000s die for want of donors

New Delhi American firms woo Indian buyers with long-term contracts, discounts

The US is emerging as a new source of coal supply for India as traditional exporters like Indonesia and Australia jack up their coal prices. American firms are trying to woo Indian buyers with offers of long-term contracts and discounts on international prices. In what marks a new trend in international coal trade, US-based FJS Energy has signed a $7 billion deal to supply 9 million tonnes a year coal to India’s Abhijeet Group for 25 years.

Secondary makers have to invest more on technology and inputs, even as demand for their products is down, hitting their margins

The mandatory norms pertaining to steel product quality, to take effect next month in a central government order, will affect the profitability of semi-finished product makers. They’d have to make the changes at extra cost amid poor demand. The Steel and Steel Products (Quality Control) Second Order, 2012, issued in March, says long and flat steel makers need a Bureau of Indian Standards (BIS) licence from September 12. So do foreign suppliers of these goods.

Move to alter economic ties between the two countries
Pak demand

NEW DELHI: While lifting the ban on investment from Pakistan, the government has made it clear that fund inflow in defence, space and atomic energy would not be permitted.