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 …
The World Bank has agreed to provide US$ 99 million (equivalent to Rs. 8672.4million) grant and loan assistance to the Government of Nepal for the implementation of Nepal-India Regional Trade and Transport Project (NIRTTP). Madhu Kumar Marasini , joint secretary at the Ministry of Finance and Tahseen Sayed, Country Manager …
As many as 1.5 million freshwater fish of India belonging to 30 threatened species were exported from the country between 2005 and 2012. Of these, three endangered and vulnerable species, two of which are found in the Western Ghats, formed a significant portion of the exports, a recent research by …
The EU and China are moving towards a deal to defuse a conflict over alleged dumping of solar panels in Europe, people familiar with the matter said on Friday, aiming to agree a minimum price for Chinese importers above their production costs. “The architecture of the deal is there,” said …
GAIL (India) will be the first Indian company to import shale gas after receiving a waiver from the US department of energy (DoE), whose permission is needed for oil and gas exports to countries that don't have a free trade pact with the United States. The first-ever authorisation to export …
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.
European Union negotiators gathered on Monday for talks to finalise reforms of the bloc's 50 billion euro-a-year farm policy that could remove almost half of the subsidies now given to some of its largest grain and livestock producers. Many of the proposals are meant to make the 50-year-old common agricultural …
If you know that a sector has arrived when it makes for trade wars between countries, then solar energy clearly has. Last year, the US imposed anti-dumping duties on Chinese imports of solar panels; now the EU has proposed the same. The Chinese have in turn threatened that they will …
The North Delhi Municipal Corporation will not charge any conversion or parking fees from commercial areas that have been in existence prior to 1962. North DMC Mayor Azad Singh, Standing Committee Chairman Ram Kishan Singhal and Leader of the House Dr. Mahender Nagpal made the announcement during a press conference …
The global economy is transitioning into what is likely to be a smoother and less volatile period. Financial market conditions have improved significantly since June 2012, and high-income countries still face serious challenges, the likelihood of a major crisis has declined. Overall, high-income growth is expected to only gradually strengthen …
Instead of becoming the messenger of the new co-operative world, solar energy is getting embroiled in battles Last week Europe finally imposed stiff anti-dumping duties on solar panels imported from China. The Chinese have, in turn, threatened that they will take action against European exports of polysilicon, the raw material …
The United States, China and the European Union have had initial discussions on a possible "global" agreement to resolve solar energy disputes, a senior US official said on Thursday. "There have been some initial discussions with both the European market and China about how to deal with this on a …
The Parliamentary Standing Committee on Agriculture has invited public comments on Agriculture Biosecurity Bill, 2013 that provides for the establishment of an integrated national biosecurity system, covering plant, animal, marine and farm microorganisms to combat threats of bioterrorism from pests and weeds. An agriculture biosecurity authority is proposed to be …
Pashmina, popularly known as 'Cashmere' is well known for its fineness, warmth, softness, desirable aesthetic value, elegance and timelessness in fashion. It is most luxurious, softer and warmer than superfine merino wool. India produces abouut 40-50 tonnes of fibre annually.
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 …
By addressing the critical nexus between a green economy and international trade, this report responds to the calls made by world leaders at Rio+20 for supporting the transition to a green economy that contributes to poverty eradication and sustainable development. Acknowledging international trade as an engine for development and sustained …
In recent years, global trade in biofuels has grown dramatically, albeit against a background of highly distorted markets for agricultural goods and for energy, and in a context of weak global governance for environmental public goods. While the development of the biofuels sector has helped generate new economic opportunities, it …
Edited Proceedings of the 11th Petro India Conference organised by India Energy Forum and Observer Research Foundation. The creation of a new 'architecture' for regional cooperation in the area of energy in general and hydrocarbons in particular will be a critical step in the process of Asia's development. This would …
US had made similar complaint against India in February Two months after it was taken to the World Trade Organization by the US government on the renewable energy (RE) sector, the Indian government has done likewise. It has made a complaint to WTO’s dispute settlement body, alleging the US, both …
The 2013 Global Monitoring Report (GMR) marks the tenth edition of the GMR since the inception of the report in 2004. The GMR continues to provide an annual assessment of progress towards the Millennium Development Goals (MDGs). This assessment allows the World Bank and the IMF together with the larger …
