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 …
Absence of export duty and relatively low capital requirement make it an attractive option Iron ore miners in Karnataka, facing uncertainty over possibility of exports in the near future, are increasingly looking at new opportunities to earn higher profits. A large number of miners is exploring the possibility of diversifying …
NEW DELHI, 24 JUNE: India is planning to export two million tons of wheat from the government stock involving a subsidy of Rs 1,000 crore, and a decision in this regard is expected soon. The proposal is to be taken up by the Cabinet Committee on Economic Affairs (CCEA) shortly …
New Delhi has to fully factor in its regional strategic and energy needs in its relationship with the US The US recently took the Iran-sanctions monkey off India’s back: it granted India — but not China and Singapore — an exemption from Iran-related financial sanctions in exchange for significant cuts …
Now, consumers can make ‘informed choice’ on buying packaged food products Consumers in India can now make “informed choice” on whether they want to buy packaged food products that are genetically modified or contain genetically modified ingredients. The Ministry of Consumer Affairs, in an extraordinary gazette notification, has made an …
India may soon be allowed to export rice to China. The assurance from Beijing came when Indian Prime Minister Manmohan Singh met here with his Chinese counterpart Wen Jiabao Wednesday on the margins of the Rio+20 Summit. "There were some regulatory issues earlier. Our commerce ministry had been working on …
The commerce ministry has decided to seek consultations with the US under the Dispute Settlement Understanding of the WTO on the countervailing duty (CVD) measures imposed by the Obama administration on India’s export of carbon steel flat products. The US Department of Commerce had contended that India is extending subsidy …
NEW DELHI, 11 JUNE: The government today withdrew the ban on exports of skimmed milk powder (SMP) to improve finances of dairy firms and help milk producers. Earlier this month, the government had decided to lift export ban on SMP amid surplus availability of milk. “Classifications of export and import …
New Delhi The food ministry will seek approval of the Cabinet Committee on Economic Affairs (CCEA) for offering subsidy on wheat exports to ease storage in choked warehouses, and approach the empowered group of ministers (EGoM) to allocate additional grains through ration shops. “It was felt that since offering subsidy …
New Delhi India has offered key incentives to exporters to tap the growing demand for clean energy equipment and non-polluting electric vehicles in overseas market, which would help it overcome the rising trade deficit. The commerce ministry has identified a total of 16 green products including solar power equipment for …
Since May 25, windmills have contributed 31 to 34 per cent of the total power consumed in the State every day. Tamil Nadu has nearly 7,000 MW of installed wind energy capacity and peak generation from these windmills has remained above 3,200 MW for the last 12 days. According to …
The showpiece POSCO iron and steel project in Orissa is set to take off by October this year with the state government and the South Korean company moving ahead to remove two major irritants that have been at the centre of the opposition to the project. While re-negotiating their 2005 …
Sandur, a region once known for its pristine hills and its lush green forests, today, is stripped of not only its beauty but its character too; all for the murky ore, needed to build and propagate the 'great human civilization'.
This Provisional coal statistics incorporates provisional information regarding coal, coal products and lignite of the preceding financial year along with few years on reserves, production, dispatches, pit-head closing stock, import and export of coal etc. It also contains information regarding captive blocks. The publication of this Provisional coal statistics should …
India is set to emerge as the world's leading beef exporter this year, the US Department of Agriculture's (USDA) Foreign Agricultural Service has forecast. India will ship roughly 1.5 million tonnes of beef in 2012, surpassing current top exporter Australia, according to the USDA report. That is more than double …
The High Court on Tuesday directed Bharat Earth Movers Limited (BEML), a defence PSU, to furnish documents pertaining to the source from which iron ore had been obtained and exported. The Court was hearing a plea by Subramanya Shastry, an Andhra Pradesh-based share holder of BEML, who has alleged that …
Bhubaneswar: In a bid to further streamline mineral transportation, Odisha government has decided to integrate export data of ports with the Integrated Mines and Mineral Management System (i3MS) from June 1. i3MS, the online data verification and permit generation software for mineral transports, will now be connected with six different …
Bhubaneswar: Encouraged over its record growth in the export performance, the Odisha government on Tuesday decided to set up specific projects which will boost both the export and MS&ME; (micro small and medium enterprises). This was decided at a high level meeting presided over by the chief secretary Bijay Kumar …
Agartala: A Bangladeshi agro-food processing group, Programme for Rural Advancement Nationally (PRAN), will invest Taka 10 crore (around Rs 6.80 core) to set up an agro-food processing unit in Tripura. PRAN has been permitted by Bangladesh Revenue Board to invest 10 crore Bangladeshi Taka in the state, Chairman of Tripura …
New Delhi India has potential to make forest produce like wood and paper as major foreign exchange earner and UN’s Food and Agricultural Organisation (FAO) is ready to extend knowledge and technological assistance for the same, a top FAO official said on Thursday. “India can turn wood and paper as …
