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 …
India’s High Commissioner in Ottawa Nirmal Verma hopes the issues will be addressed as part of the Comprehensive Economic Partnership Agreement Indira Kannan Issues relating to environmental clearances and work visas are the main factors deterring bilateral trade and Indian investment into Canada, according to India’s new High Commissioner in …
Ever since the ban on Iranian oil imports by European Union nations came into effect in February 2012, Indians oil companies have gradually reduced their dependence on oil from the West Asian country and put in place alternative arrangements. India aims to cut Iranian oil imports by around 15% every …
Is FDI in retail a "political gimmick"?, the Supreme Court today asked the Government while seeking its response on how it intends to safeguard the interest of small traders after opening up the retail sector to foreign direct investments (FDI). The apex court said that interest of small traders should …
Manmohan Singh presents lifetime achievement award to four DAE scientists Prime Minister Manmohan Singh on Tuesday reiterated that while the Centre went ahead with its nuclear energy programme to meet the growing energy needs of the country, it would continue to ensure that nuclear power remained totally safe. “The Fukushima …
Four years after the onset of the global financial crisis, the worst appears to be over. However, the global economy remains fragile, as high-income countries continue to suffer from volatility and slow growth, says the World Bank’s latest Global Economic Prospects. Despite slow growth in high-income countries, prospects for the …
Says Proposals On Services, IT & Environmental Goods Against Its Interest New Delhi: India has decided to opt out of negotiations for agreements between select WTO member countries for liberalizing foreign direct investment and visa regimes in service sectors and for lowering import duty on 357 information technology products and …
PANJIM: In a decision that has set the alarm bells ringing, the Department of Mines and Geology has issued an NOC to a trading company, Prime Minerals, effectively owned by Timblo–run Fomento group to transport and export ore through Goa, officials said, opening up a debate on whether this circumvents …
Comparing the state-sponsored Global Trade Show 2013 which began on Tuesday as 'Kumbh Mela' of development, Gujarat chief minister Narendra Modi said that six-day mega-trade fare would benefit the future generation of entrepreneurs. The trade show, which is part of the Vibrant Gujarat Global Investor Summit (VGGIS) 2013, is spread …
As Gujarat readies itself to hold an event to showcase its business-friendly environment, there is some good news for the state. A report released today shows it replaced Tamil Nadu in terms of freest state in 2011. The report, co-published by the Cato Institute, Academic Foundation, Indicus Analytics and the …
The recent debate on the acceptability of foreign direct investment in the retail sector in India has been mostly political. It is necessary to look into the pros and cons of FDI in retail from a purely economic point of view. This article identifi es the safeguards that should be …
PANJIM: In a fresh salvo fired at the government by the green lobby, environmentalist Ramesh Gawas has charged that the government’s process of revalidating licences of ore traders is illegal and should be scrapped since the giving of trading licences itself by State government is ultra virus. The Mines Department, …
World Economic Situation and Prospects 2013: presents a post-crisis world economy still struggling with continued weakening growth of 2.2 per cent in 2012; projects disappointing global growth of 2.4 per cent in 2013 and 3.2 per cent in 2014 in the face of major uncertainties and downside risks; foresees a …
The recent commodity boom has seriously affected South Asia, particularly due to higher food prices and their impact on the welfare of poor and vulnerable populations. This paper describes the food crisis and its effect on the region and then goes on to outline policies that countries in the region …
This paper begins by outlining the views of economists on food management and contemporary food policy issues in the backdrop of largely unchanging dynamics of slow growth of the farm sector in India. First it deal with the manner in which the changing situation is dealt with in terms of …
This paper examines the emergence of specific commodity complexes and transactional forms in eight interior districts in Tamil Nadu focusing on gherkins, marigold, broiler, cotton and papaya. Their growing importance is a response to the structural changes in the larger economy and the contextual constraints on agriculture in the region. …
The gradual withdrawal of the state from agricultural markets and the emphasis on the role of the private sector has meant the entry of corporate and multinational agencies through the opening up of procurement, wholesale trade and retailing. This paper examines the new corporate interface with primary producers in a …
The Forward Contracts (Regulation) Amendment Bill, 2010 is critical to commodity futures markets and the farm sector in India for three reasons. One, it is risky for an agrarian country to liberalise internal trade in commodities without a powerful regulator in place. Two, lending institutions do not consider commodities as …
KARWAR: Karnataka Chief Minister Jagdish Shettar on Wednesday remained noncommittal on demands to resume the sand trade from Kali River to Goa, stating that he had to discuss the issue with senior officials. Addressing a large gathering at Tagore Beach, here, after inaugurating the new bus stand and laying the …
KARWAR: While the sand mining and transport lobby is keen to get the Karnataka government to resume the extraction and transportation of sand to Goa, there is resentment from some quarters in Karwar over the resumption of the sand trade to Goa. Addressing a press conference at the Government Rest …
Calls conclusion of negotiations on FTA a milestone After tying up the loose ends of a comprehensive Free Trade Agreement (FTA) just before the start of the first-ever India-ASEAN (Association of Southeast Asian Nations) summit on Indian soil on Thursday, New Delhi sought a deeper engagement with the 10-country bloc …
