The World Meteorological Organization’s State of the Climate in Asia 2024 report warns that the region is warming nearly twice as fast as the global average, driving more extreme weather and posing serious threats to lives, ecosystems, and economies. In 2024, Asia experienced its warmest or second warmest year on …
It’s not just the US, France and Russia that have a problem with India’s nuclear liability law. The Indian nuclear industry has asked Department of Atomic Energy (DAE) to ensure the law’s provisions do not apply to their supplies for nuclear reactors, marking the first clear domestic opposition to the …
Lack of iron ore linkages impeding steel projects in Odisha The Union steel ministry is pursuing the case of revalidation of environment clearance for the Posco project with the ministry of environment & forests (MoEF) in a bid to help expedite construction work for the project. The delay in revalidation …
Developing Asian countries are strengthening their intellectual property rights regime as they themselves become producers of intellectual property. At the same time, developing Asia has attracted large amounts of foreign direct investment and this trend is expected to continue in light of the region’s strong growth prospects. In this paper, …
The WIR 2013 presents the latest trends in foreign direct investment (FDI) and contains in-depth analysis of policy developments, investment prospects, and key emerging issues related to investment -- including financial flows via offshore centres, and divestments.
Korean steelmaker says the original size of the plant will remain unchanged An expert panel has recommended renewal of environment clearance for Posco’s proposed steel project in Odisha, raising hopes that the Korean company will be able to start work on its much-delayed plant. Posco’s original $12-billion proposed plant at …
Says non-availability of land is major bottleneck for the growth of industrial sector in state Industry body Associated Chambers of Commerce (Assocham), said non-availability of land is a major bottleneck for the growth of the industrial sector in Karnataka. The chamber has suggested the new government in the State to …
Keen to take advantage of the decision of the United Progressive Alliance regime to allow foreign direct investment (FDI) in the housing sector, the state government plans to set up satellite townships in the public private partnership mode. The Urban Development Department and the Town and Country Planning Department have …
Central government will decide if South Korean steelmaker POSCO can have preferential access to an iron ore mine for its planned $12 billion steel plant, a top court said, providing a boost to the troubled project billed as the country's largest foreign direct investment (FDI). POSCO, the world's fourth-largest steel …
The practice is passing bills after discussion. Let’s see what can be worked out: Sandeep Dikshit The government on Thursday tabled the food guarantee bill in the Lok Sabha, amid ruckus created by the Opposition which has prevented the functioning of Parliament demanding the resignation of the prime minister. Food …
In a relief to the Centre, the Supreme Court on Wednesday upheld the government’s proposal to allow foreign direct investment (FDI) in multi-brand retail trade (MBRT) saying the move did not suffer from any unconstitutionality, illegality, arbitrariness or irrationality. A three-judge bench of Justices R.M. Lodha, Madan B. Lokur and …
Korean Steel major Posco has moved a step closer to start work on the much-delayed $12-billion steel project in Orissa with the Orissa Mining Corporation (OMC) likely to give it the assurance to supply full quantity of iron ore for the plant under a negotiated price if the Supreme Court …
BHUBANESWAR: The state government is planning to restart land acquisition work the mega Posco steel project in Jagatsinghpur district soon, official sources said on Monday. With the Budget session of the state assembly having ended last week, the Naveen Patnaik dispensation is making all arrangements to go all-out to give …
In line with its policy to encourage low-cost housing projects, the government is considering allowing foreign direct investment (FDI) in such projects, subject to a host of conditions, including a lock-in period and minimum capital requirements. Currently, FDI is prohibited in the real estate business but 100% FDI through the …
Following is the text of the Prime Minister, Dr Manmohan Singh's address at the CII National Conference and Annual General Meeting, in New Delhi on Wednesday: "I am delighted to be here today to inaugurate the CII annual meeting for 2013. I have always believed that both government and business …
Substantial increases in agricultural investments in developing countries are needed to combat poverty and realize food security and nutrition goals. There is evidence that agricultural investments can generate a wide range of developmental benefits, but these benefits cannot be expected to arise automatically and some forms of large-scale investment carry …
The rise of the South is radically reshaping the world of the 21st century, with developing nations driving economic growth, lifting hundreds of millions of people from poverty, and propelling billions more into a new global middle class, says this latest edition of UNDP's Human Development Report. This phenomenon goes …
BHUBANESWAR: The Odisha government on Sunday resumed land acquisition for the proposed Posco steel plant in Jagatsinghpur district, a day after three persons were killed in a bomb blast in the project area. Official sources said government representatives demolished three betel vines at Gobindapur village, restarting land takeover for Posco …
The Economic Survey has come down heavily on the government for holding on to grain stocks, which, it says, has resulted in ‘artificial shortages’, in turn, causing a spiral in prices. The survey called for investment in stock management and improving the marketing system of agricultural produce for increasing farmers’ …
BHUBANESWAR: Taking advantage of the budget session being in recess, the Odisha government has begun preparations to shortly resume land acquisition for the proposed Posco steel project in Jagatsinghpur district, official sources said on Wednesday. "We intend to restart land acquisition for Posco this week," a government source told TOI, …
Economic Survey 2013: Agriculture reforms must, says report. With agriculture growth rate falling short of the 4 per cent target in last five years, the sector needs urgent reforms to boost crop yields and private investment in infrastructure so as to motivate farmers and feed the growing population. The farm …
