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 …
Information and communication technology (ict) determines growth. This includes cell phone, Internet and broadband service that aids rapid communication and trade ict boosts productivity and efficiency in business. For example, Thailand had a 10 per cent rise in employees using computers which brought in 3.5 per cent higher productivity. Higher …
A GROUP of ministers (GoM) is scheduled to meet here on April 2 for considering measures to check spiralling food prices. These include duty cuts on soybean oil, reviewing the efficacy of the minimum export price imposed on premium nonbasmati rice and, for the first time, basmati varieties as well. …
On the heels of fixing a higher minimum export price (MEP) on basmati and non-basmati rice on March 5, 2008, the Government on Thursday night hiked the MEP on basmati rice further to $1,100 per tonne (Rs 44,000) and to $1,000 per tonne (Rs 40,000) on non-basmati rice. A notification …
IN times when the world is debating the extent to which the developed countries should be made to limit their farm subsidies running into billions of dollars, a question on the temporary export subsidies being given by India to its sugar industry raised at the World Trade Organisation (WTO) by …
The government is considering exporting potatoes to Bangladesh and selling them to Assam, Bihar, Jharkhand, Orissa and Karnataka to deal with the bumper production this year. Agriculture marketing minister Murtaza Hossain said the government had written to the Centre for permission to export potatoes to Bangladesh. "We are awaiting a …
Residue levels of drugs, pesticides and heavy metals in food commodities, is becoming a major concern for food regulators all over the world. Since the residue levels cannot be changed drastically through various production techniques and because it is necessary to provide safe food to the consumers, it is essential …
The fifth (2005) round of the World Bank's International Comparison Program, which produces estimates of the gross domestic product at purchasing power parity prices, has been the most extensive and carefully monitored project so far. The preliminary estimates were noticeable for the large downward revisions of GDP estimates of China …
Barely a week after the Venezuelan president Hugo Chavez threatened to halt oil shipments to the us, the socialist leader has sent a placatory message, saying the country is not preparing to cut off oil supply to the us. "We don't have plans to stop sending oil to the us,' …
In order to minimise procedural costs, India has said presence of inspectors from the US Department of Agriculture (USDA) is not required to certify irradiation of mango export consignments. Presently, India bears the cost of USDA inspectors, who visit the country to oversee the irradiation process. Last year, inspectors from …
Northeastern states have exported bamboo products worth Rs 24.85 Crore in 2006-07, which was Rs 17.28 crore in 2005-06 and Rs 14.18 Crore in 2004-05, newly appointed Industry and Commerce Minister of sixth Left Front Government in Tripura Jitendra Choudhury yesterday said. He said bamboo and cane products of North-east …
The problems relating to mounting solid waste are fast acquiring gigantic proportions in the developing countries of Asia. Most of the countries, nevertheless, continue to primarily focus on achieving high economic growth and pay scant attention to waste management. This article takes a detailed look at the inadequacies of waste …
This study examines the utilization of iron ore in India. It takes into account the significant reserves of iron ore in India and allays fears that the country's steel industry will run out of iron ore resources if exports continue at the current level. On the contrary,it says that exports …
The masked official in white protective gear and bright blue gloves grabbed a squawking hen by its legs, held it upside down and twisted its neck in one swift motion. The bird expelled a mass of possibly contaminated faeces that sprayed the man's mask and faces of unprotected village boys …
Bird flu has hit hard India's Rs 36,000-crore poultry industry, already smarting under a steep rise in essential feed prices. Although the flu is restricted to West Bengal, crashing wholesale prices and ban on exports, internal and external, are affecting the industry across the country. The losses are still being …
Malaysia has dropped a controversial plan to capture and export monkeys from urban areas after it found that a majority of them were infected with deadly diseases and are unfit for export. The decision came after wildlife officials found that 80 per cent of the 250,000 urban monkeys were sick …
Exports from SEZs touch Rs 40,000 cr in 9 months Close on the heels of Goa government, buckling under political pressure, seeking scrapping of all SEZs in the state, the Export Promotion Council (EPC) and SEZ developers have underlined the need for "stability and continuity' of SEZ policy to multiply …
In a memorandum submitted to UPA chairperson Sonia Gandhi, the Seafood Exporters Association of India (SEAI) has expressed serious concern over the plight of the marine exports industry in the country. In the memorandum, the association has said that the fisheries sector is facing the biggest ever crisis in its …
The magnitude of the national jute policy introduced three years ago is beyond debate as it has recommended steps to strengthen the farm sector, modernise mills and give a new direction to domestic and global marketing. But unfortunately, as have been the case with earlier government-sponsored packages for the jute …
Say imported materials invading protected domains even as they fail to enter new markets. The domestic jute industry has been unable to shake off its lean patch with slide in all aspects of trade. The industry has struggled in production and despatch, and in exports as well. FLAGGING FORTUNES # …