The report forecasts global economic growth to 2.6% in 2024, barely above the 2.5% threshold commonly associated with a recessionary phase. The report says the prevailing focus on inflation overshadows urgent issues like trade disruptions, climate change and rising inequalities. It advocates for structural reforms and coordinated global efforts, proposing …
Move is in stark contrast to India's stated position on the matter; such a pact would allow Japan to outsource its emission reduction efforts to India Ministry of Environment & Forests (MoEF) officials have agreed in-principle to a bilateral carbon-trading climate change deal with Japan without a formal approval from …
Indonesia has followed Argentina in complaining to the World Trade Organisation that anti-dumping duties imposed by the European Union on biodiesel imports since May last year are in breach of global trading rules. The WTO said on Wednesday Indonesia had asked for formal consultations with the EU on the issue, …
Developing countries are headed for a third consecutive year of disappointing growth below 5 percent, as first quarter weakness in 2014 has delayed an expected pick-up in economic activity, says the World Bank’s latest Global Economic Prospects report, issued on June 10, 2014. In contrast, recovery in high-income countries is …
In August 2012, the Seidu family had to cope with the bad harvest. Like many farming families in northern Ghana, they had to adopt the ‘one-zero-one’ strategy for the children and the ‘zero-zero-one’ strategy for themselves. ‘One’ represents a meal, ‘zero’ is no meal. So during the lean season, their …
This report describes the progress African countries are making on strengthening the quality of policies and institutions that underpin development. It presents Country Policy and Institutional Assessment (CPIA) scores for the 39 African countries that are eligible for support from the International Development Association (IDA). This year's report expands coverage …
Minerals are indispensable in modern industrial activities; infrastructure and manufacturing sectors, as indeed all sectors of economy. However, non-fuel materials (minerals and metals) have so far not received the same attention as have oil and natural gas. Non-fuel minerals even while directly contributing to less than 2% of GDP (in …
The Central Marine Fisheries Research Centre (CMFRI) and Marine Products Export Development Authority (MPEDA) could jointly draw green certification guidelines for marine ornamental fish breeding and reduce dependence on wild collection from coral reef habitations, CMFRI Director A. Gopalakrishnan has said. On the sidelines of a training programme at the …
This paper explores the nature, significance and policy implications of spillovers in international corporate taxation—the effects of one country’s rules and practices on others. It complements current initiatives focused on tax avoidance by multinationals, notably the G20-OECD project on Base Erosion and Profit shifting (BEPS). The paper draws on the …
Weather conditions in various countries and political tensions in the Black Sea region have made food markets more volatile, FAO reports in the new Food Outlook. In its first major forecast for 2014, FAO puts cereal production at 2 458 million tonnes (including milled rice), down some 2.4 percent from …
The Indian Solar Manufacturers’ Association (ISMA), representing 25 domestic solar manufacturers, has said thin-film and silicon PV cells and modules imported into India are being sold at ridiculously low prices, bleeding the local industry and violating international fair trade regulations. The Indian industry that supplies glass to domestic solar module …
This report prepared by consultancy firm Accenture on behalf of the Department of Industrial Policy and Promotion showcases the Gujarat model of land acquisition as the best practice, which can be emulated by other states with some modifications, to improve the business environment. It also talks about best practices in …
India has rejected US’ request for a dispute settlement panel at the World Trade Organisation (WTO) over mandatory domestic sourcing norms in solar projects on the ground that more discussions were required. If the US makes a second request to the Dispute Settlement Body of the WTO for a panel, …
Environmental groups urged the United States on Wednesday to drop a challenge to India's massive solar program and said the World Trade Organization case would only hurt the growth of renewable energy resources. The United States is taking action at the WTO over the domestic content requirements in India's program, …
Controlling inflation , reviving growth by boosting manufacturing, infrastructure and farm productivity are the primary areas of concern The finance ministry is preparing an outline for the next phase of economic reforms that can be presented to the new government to bolster manufacturing, infrastructure development and farm productivity. Top officials …
Cashew is often regarded as 'poor man's crop and rich man's food' and is an important cash crop and highly valued nut in the global market. The area under cashew cultivation is the highest in India. However, it is not so in the case of productivity, processing and quality. In …
This publication titled “Energy Statistics” is brought out every year by Central Statistics Office (CSO) and the present one is the 21st in the series. The publication contains the latest data on reserves, installed capacity, potential for generation, production, consumption, import, export and wholesale price of different energy commodities. The …
Odisha Byabasayee Mahasangh, the organisation of traders in the State alleged that the norms of Food Safety and Standards Act if implemented would lead to drastic affect on livelihood of small traders. Leaders of the traders’ Mahasangh such as its general secretary Sudhakar Panda and its working president C. Rabindranath, …
Hyderabad: The National Biodiversity Authority has demanded a five percent cut in the sales of red sanders carried out by the state government as per the access benefit sharing clause of the Biodiversity Act. The DG of foreign trade has allowed the state to export the 8,584 tonnes of red …
The increased production of genetically modified crops around the globe has led to a higher number of incidents of low levels of GMOs being detected in traded food and feed. The incidents have led to trade disruptions between countries with shipments of grain, cereal and other crops being blocked by …
As shale gas exploration and extraction ramps up in many parts of the world, its contribution to global climate change and effect on international trade are becoming increasingly complicated and indeterminate. Undoubtedly, shale gas is transforming energy prices, industrial competitiveness, and geopolitics in a number of countries. Further investigation and …
