Imports

Strategy paper on coal import substitution: Inter-ministerial committee report

The “Strategy paper on Coal Import Substitution” has been prepared as a report of the IMC (Inter-Ministerial Committee). The paper focusses on the present energy mix of the country, domestic coal production, trends and projections, import trends (sector-wise), coal import substitution measures already taken by the Government and most importantly, …

Govt fights inflation with duty reliefs

Cabinet Committee on Prices holds emergency meet late in the evening at PM's residence BS Reporters / New Delhi April 01, 2008 Scraps import duties on edible oil; pulses exports ban stays. Taken by surprise over the recent spike in wholesale price inflation, the government today scrapped import duties on …

India headed for food shortages?

Output Not Growing Any More, Per Capita Production Down To 70s Levels. Surging foodgrain prices and worsening global supplies are now bringing the domestic food crisis to the boil. The crisis has been building up for some time

South Korea breaks GMO embargo

South Korea has purchased the first shipment of genetically modified (gm) corn for use in food industries. By the first week of March, the Korean Corn Processing Industry Association bought more than 768,000 tonnes of gm corn, most of them from the us. The association, accounting for 90 per cent …

PFC, RITES ink pact on coal import

POWER sector financing company Power Finance Corporation (PFC) and Railways technical advisory wing RITES, on Thursday, signed an MoU to jointly import coal from countries, including Africa, to ease scarcity of the fuel in view of rising demand by electricity generators. An SPV may be formed later in partnership with …

State imports 45 mt fish daily

The State has a demand of about 545 metric tonnes of fish, on an average, per day. The State produces around 500 mt of fish and it imports around 45 mt of fish every day, on an average. Fisheries Minister Nurjamal Sarkar disclosed this in reply to a question of …

No plans to import wheat for now, says Pawar

The government has no immediate plan to import wheat as it is confident of procuring enough quantity for the buffer stock, agriculture and food minister Sharad Pawar said here on Monday. "We have no immediate plan for wheat import. The condition of the wheat crop is good and the risk …

The 2005 global report on purchasing power parity estimates: A preliminary review

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 …

In Short

>> South Australian authorities have found a cane toad in the capital city, Adelaide. They say the toad is a stray case and not an indication that cane toads have migrated to the state. They are carrying out intensive night-time surveillance and trapping programme to determine if other cane toads …

EU loses banana war at WTO

The World Trade Organization has ruled against the eu's import tariffs on bananas. It backed the us, which argued that eu import duties of

Manufacturing a WTO agreement

There is fresh trouble in the Doha round with an attempt to broker a deal at all costs

Jute industry seeks ban on imports from Bangladesh

The jute industry has urged the ministry of textiles (MoT) to impose a ban on the imports of A.Twill and B.Twill jute bags from Bangladesh as part of its qualitative restriction. It has also requested the ministry for quantitative restrictions, whereby imports from Bangladesh will be limited giving a breather …

Rising food prices worry Chidambaram

Expressing concern over rising food prices, finance minister P Chidambaram said he had not forgotten the corporate sector and defended the Rs 60,000 crore farm loan waiver on the ground that the money would flow to a distressed segment of the productive sector where the output was either stagnant or …

Pesticide in China dumplings

About 300 people in Japan's Hyogo and Chiba prefectures sought medical treatment, with one girl in serious condition, in the last week of January after consuming frozen meat dumplings produced by a Chinese factory. Japanese health officials suspected that the dumpling packages were tainted with a pesticide, methamidophos, and ordered …

South Asia

baglihar inspection: Pakistan has said that it will inspect the Baglihar dam before it becomes operational. Spokesperson of Pakistan's foreign office, Mohammad Sadiq, said on January 30 that the Indus Basin Treaty Commissioner for Pakistan has contacted his Indian counterpart for this purpose and will see if India has complied …

India may import 2 m tonne of wheat: USDA

Low carry-over stock coupled with likely fall in wheat output may compell India to import about 2 million tonne of the grain during 2008-09 marketing year, a report published by the US department of agriculture said. The country's buffer stock is expected to be below 4 million tonne. Wheat production …

State lifts ban on poultry imports

The State Government has lifted the ban on the import of poultry and poultry products from the rest of the country, barring West Bengal. The Animal Husbandry and Veterinary Commissioner and Secretary Shyam Lal Mewara signed the order to this effect yesterday. The State Government imposed the ban on the …

More imports to meet LPG shortage: Deora

Petroleum and Natural Gas Minister Mulri Deora has said a pro-active approach had been adopted to address the shortage of liquefied petroleum gas (LPG). In a letter to Chief Ministers on LPG shortage in certain parts of the country, Mr. Deora said as an urgent measure, an additional 52,000 metric …

CIL may spend Rs 1,800 cr on coal imports in 11th plan

Coal India (CIL) will have to spend around Rs 1,800 crore for importing over 200 million tonnes (mt) of coal valued at current international prices to meet domestic demand during the 11th Five-Year Plan period, according to the public sector behemoth's latest estimates. The imports are necessitated due to a …

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