Since the discovery of large offshore oil and gas reserves in 2014, Senegal has set its hopes on fossil fuel export revenue to help fund its plans to become an emerging economy by 2035. Senegal is actively seeking investors to help develop its offshore oil and gas reserves – both …
Although India grows more than 10 per cent of the world's tobacco, our value share of the $11-billion global tobacco leaf export trade is only 5 per cent, according to a Tobacco Institute of India (TII) study. Explaining Indian tobacco's potential, the study said, “This is because exportable varieties (FCV …
Shillong, Sept. 2: Meghalaya, the abode of clouds, now dreams of becoming an abode of fishes in a span of five years. Chief minister Mukul Sangma today released the first draft of the Meghalaya state aquaculture mission prepared by the fisheries department. The mission will cover a period of five …
Arguing that indiscriminate exploitation of mineral resources was leading to alienation amongst local tribal populations and furthering the cause of Naxalite groups, Minister for Tribal Affairs V Kishore Chandra Deo has advocated a ban on export of raw materials like iron ore or bauxite. Mineral resources like iron ore should …
Tata Power, which is hoping to commission its 4,000-mw ultra mega power plant (UMPP) in Mundra early next year, has been dealt a blow by the Indonesian government, which has called for a sharp increase in the price of coal exported out of the country. At current prices of $110 …
Agricultural prices, along with the prices of primary commodities in general, have been both high and volatile over 2006-11. These developments impact the poor and other vulnerable non-farm households who devote a high proportion of their incomes to the purchase of food. This paper looks at international and national reserves …
The recent global economic crisis has reinforced significant concerns about the impact of financial and economic shocks on human development. The increasing frequency of such shocks raises important questions about their systemic character and the ability of developing countries to withstand the most damaging and lasting impacts of economic uncertainty. …
Bhubaneswar: Though Posco has agreed not to insist on the import clause in the lapsed MoU with the state government, it wants swapping of iron ore within the country, a state minister said here on Monday. Posco-India has given its consent to delete import clause from the lapsed MoU. However, …
Lax trade restrictions and high sugar prices should allow the United States to overtake Brazil in ethanol exports during the second half of 2011, the U.S. Energy Information Administration said on Wednesday. During the first five months of 2011 U.S. ethanol exports more than doubled from the same period last …
A House panel has called for lifting the ban on wheat and premium non-basmati rice exports at the earliest. This, the Parliamentary Standing Committee on Commerce said, is an immediate solution to the food grain glut in the country. However, while lifting the ban, the Government should also keep in …
Hero MotoCorp Ltd, the new avatar of Hero Honda Motors Ltd after the Hero group and Honda Motor Company called off their 26-year-long association, plans to set up two new plants – one in the South and the other in the West – and a parts distribution centre in Rajasthan. …
Ministry expects a demand for ban on iron ore exports following the SC ban on mining in Bellary Anticipating a demand for a ban on iron ore exports, the commerce department has said it will oppose any such suggestion that could sharply drive down domestic prices and pare export earnings. …
Despite having a low exposure to the toxic assets involved in the sub-prime crisis and a gradualist approach towards liberalization of the financial sector, certain parts of the Indian financial sector were significantly affected by the global financial crisis. Though Indian policymakers reacted in a proactive manner and introduced a …
This publication includes statistics on the adoption of single and multiple gene Bt cotton hybrids; adoption of Bt cotton by major states in India as well as number of farmers adopting Bt cotton hybrids from 2002 to 2010.
Despite continuing half-hearted attempts to “conclude” the decade-long Doha Round of trade talks under the World Trade Organisation, the round is effectively dead though no country wants to say so. There have been many guilty of refusing to work out a fair package for all countries, but none are more …
The government Saturday put on hold non-basmati rice export in the wake of litigation over the process adopted by the Commerce Ministry for implementation of an Empowered Group of Ministers (EGoM) decision allowing the export of 10 lakh tonnes of the same. “...operation and implementation of the allocation made in …
The exit of Karnataka Chief Minister B S Yeddyurappa is set to turn the heat on mining magnates, the Reddy brothers, two of whom are Cabinet Ministers in the state. The Lokayukta report indicts the Reddy brothers on three specific counts: forcing miners to enter into partnerships with their front …
