Since the discovery of large offshore oil and gas reserves in 2014, Senegal has set its hopes on fossil fuel export revenue to help fund its plans to become an emerging economy by 2035. Senegal is actively seeking investors to help develop its offshore oil and gas reserves – both …
Urges govts to shore up programs to protect their most vulnerable populations World food prices jumped 10 percent in July as drought parched crop lands in the United States and Eastern Europe, the World Bank said in a statement urging governments to shore up programs that protect their most vulnerable …
Madhya Pradesh is all set to export close to 2 lakh MT tonne of wheat to Iran. The Food Corporation of India has twice tested the samples of wheat from the state at its laboratory in Karnal and has given the go-ahead. The samples had been sent to Karnal after …
Seeking a probe into illegalities in mining and export, the Supreme Court Thursday censured the Karnataka government for failure to check illegal export of iron ore from Belekeri port. A bench led by Justice Aftab Alam also indicated that it may direct a CBI probe into the illegal export of …
The Supreme Court on Thursday pulled up the Karnataka government for its failure to check large-scale illegal export of iron ore from Belekeri port in Karwar district. A three-judge Bench headed by Justice Aftab Alam also indicated that it may direct CBI probe into the illegal export of 35 lakh …
China’s solar panel manufacturers, who dominate global sales with a two-thirds market share, are confronting growing trade and financial problems, a Chinese industry official acknowledged Tuesday, shortly before one of the industry’s largest companies, Trina Solar, announced weak results for the second quarter. The Chinese manufacturers “face challenges of decreasing …
Even as initial data for the first quarter of this fiscal shows a pick-up of sorts in exports from India’s SEZs (special economic zones), coming in the wake of lacklustre performances in the previous two financial years, the government is betting on a slew of booster doses slated to be …
Over a third of operating mines in Goa are set to be closed due to a recent decision by the state government to levy a 15 per cent upfront stamp duty on the royalty paid by them. There are only 97 mines currently in operation out of 337 registered with …
TAMLUK: The economy of East Midnapore district could be in trouble, since it is heavily dependent upon the cultivation of Bagda prawns, a product for which there is dwindling demand. In the last month, at least five struggling Bagda prawn growers who had taken out loans they could not repay …
New Delhi American firms woo Indian buyers with long-term contracts, discounts The US is emerging as a new source of coal supply for India as traditional exporters like Indonesia and Australia jack up their coal prices. American firms are trying to woo Indian buyers with offers of long-term contracts and …
Plagued with rampant illegal mining, the Goa government has decided to implement an information technology-based system to prevent its valuable resource being exported illegally and evading royalty. The draft mining policy, tabled on the floor of the House during the recently concluded state Assembly session, has assured a 'Mines Management …
The European Union Council Regulation on illegal, unreported and unregulated fishing states that, exports of fish and fishery products from those countries which do not comply with its articles would be rejected by the EU from 1 January 2010 onwards. Since the EU is the major seafood market for developing …
PANJIM: The Public Accounts Committee (PAC) report on mining, which was not accepted by former Speaker Pratapsing Rane of the previous Goa Assembly, has been quoted in the new draft State Mining Policy 2012, which states that the delay in the policy has resulted in haphazard mining, resulting in a …
The global demand for bauxite, from which the aluminium smelter feedstock alumina is derived, is likely to rise at an annual rate of 6.9 per cent from 220 million tonnes (mt) in 2011 to 750 mt in 2030. The world is richly endowed with bauxite mineral, distributed across all continents. …
The World Trade Organisation's Doha round of negotiations has been at an impasse since December 2008. Several academics and opinion-makers have recently argued that the Doha round is "dead". This article discusses the US narrative on the reasons for the impasse and the way forward. It contrasts this narrative with …
India's manufacturing activities expanded last month at the slowest pace in eight months, shows the HSBC Purchasing Managers’ Index (PMI). The index fell sharply to 52.9 points in July against 55 points in June. Before that, PMI was lower in November 2011, when it was at 51 points. A reading …
The federation representing merchant miners in the country claims stocks at mine heads reveal that there is no real shortage of iron ore, a key steelmaking ingredient. In a letter to the finance ministry, the Federation of Indian Mineral Industries, or FIMI, has accused the government, both at the state …
PANJIM: Chief Minister Manohar Parrikar said he would refer cases of fraudulent granting of Environmental Clearances (ECs) by the Ministry of Environment and Forests to the state police crime branch for action against concerned officials and vehemently denied that there is any ‘illegal mining’ currently taking place in the state. …
Leases with SC panel-nod yet to get legal approvals from Indian Bureau of Mines operations unlikely to start before October Steel mills in and around Karnataka that are dependent on iron ore from state mines might have to wait for some more time to get fresh supplies, as the resumption …
PANJIM: In a categorical statement, Chief Minister Manohar Parrikar declared that no additional or new forest land would be diverted for mining also indicating that new rules are in the offing for regulating extraction of minor minerals, including sand extraction. Leaving it to the administrative machinery to work out the …
India appears set to export two million tonnes of wheat at subsidised prices as part of a plan to offload surplus grain, sparking concern among anti-poverty activists and raising questions for some of the country's trading partners.
