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 …
Chandigarh: With milk products worth about Rs 225 crore lying with Milkfed, it has requested Chief Minister Parkash Singh Badal to ask the Centre to allow it to export certain milk products, it is learnt. During the past few months, Milkfed prepared 6,000 tonnes of dry milk powder of which …
State-owned trading giant MMTC has inked pacts with Japanese and South Korean steel companies including Posco, to supply 2.8 million tonnes of iron ore annually for a period of three years. "We have signed iron ore supply contracts with five Japanese firms and one South Korean company for a period …
SIVASAGAR: At a time when indiscriminate fishing has caused rapid depletion of the local varieties in the region, a section of unscrupulous traders are thriving in Sivasagar sub-division and other parts of Sivasagar district. Fish production in the district has depleted to such an extent that the people have not …
Union agriculture minister Sharad Pawar is trying to re-establish his ‘farmer-friendly’ politician image but it’s been hard going with the flip-flop on commodity exports and rising farmer suicides. In April, he wrote to the prime minister criticising the government’s export policies for being “against the interests of the farming community”. …
The anti-dumping decision is among the biggest in U.S. history The United States, on Thursday, announced the imposition of anti-dumping tariffs of more than 31 per cent on solar panels from China. The move by the Commerce Department is certain to infuriate Chinese officials already upset after recent bilateral frictions …
New Delhi: A panel headed by the PM’s chief economic advisor C Rangarajan has recommended exporting 2 million tonnes (mt) of wheat at a subsidy of Rs 1,500 crore through government channels and another 1 mt through private traders at a subsidy of Rs 150 crore. Warning that just exports …
New Delhi: It’s a problem of plenty for dairy companies. Left with excess inventory of skimmed milk powder owing to the good monsoon in the last two years, dairy majors say growth will be hit this year, with most of them expecting lower profit margins compared to last year. India, …
Australia’s uranium supply to India will be demand based once the approvals for the yellow cake exports to New Delhi are finalised, the Energy Minister Mr Martin Ferguson has said. “It (uranium supply) will be demand based. The supply once approved for exports will be of a commercial nature between …
EU agriculture ministers meeting yesterday in Brussels roundly criticised proposals from the European Commission that would condition farm subsidies on new 'greening' measures from 2014 onwards, in a setback for environmental groups that have called for farm support to be refocused on delivering public goods.
With a weak rupee, exporters are confident of demand for Indian agri products in global mkt Exporters of agri commodities such as wheat, sugar and cotton feel that shipments could pick up if India would enter into bilateral agreements with countries in the Middle East, Africa and the Saarc bloc. …
New Delhi With the grain stocks held with Food Corporation of India (FCI) and other state government owned agencies crossing a record level, the food ministry has proposed additional allocation of grain to BPL and APL families for dealing with storage crunch. Under the proposal sent to finance ministry, the …
Urgent action is called for, to run down the 75-million-tonne grain heap that has been built by the government ASHOK GULATI Grain stocks with state agencies are likely to cross 75 million tonnes some time in June 2012, while covered capacity to store is less than 50 million tonnes. The …
Prolonged ban on mining in Karnataka, high export duty and railway freight rates, among reasons for export slowdown India’s iron ore exports are set to fall to a new low this financial year, owing to multiple problems, such as shortages in Karnataka, Odisha and Goa, high export duty and differential …
Liberalisation measures in the pharmaceutical sector have brought about major changes in the industrial licensing policy, import restrictions, foreign direct investment and production controls. It was feared that firms would shift from indigenous production to imports, especially of bulk drugs, and this concern was aggravated with the change in the …
Ahead of the presidential elections NCP chief and Agriculture Minister Sharad Pawar on Wednesday got his way, with the government yielding to most of his demands regarding export policies for agricultural items. Early last month, the key UPA ally had shot off a letter to Prime Minister Manmohan Singh to …
No timeframe or deadline could be set for Australia to start uranium exports to India. But Australia's decision to export to India is firmly in place, despite opposition in some quarters, and both nations are discussing the issue to seal a deal, Australia's Resources and Energy Minister Martin Ferguson said …
Barely 24 hours before Prime Minister Manmohan Singh is scheduled to reconvene a meeting to discuss policies on export of farm products and storage of grains, the government has conceded another major demand of Agriculture Minister Sharad Pawar by allowing export of caesin, a value-added milk product. “Export of casein …
Ministry proposes four options to the EGoM to expedite shipment of sweetener. Union food ministry has suggested four options to expedite sugar exports after the panel of ministers on food sought a mechanism that allows faster shipments. “We will present all the four options before the Empowered Group of Ministers …
Committee to review demand-supply situation after three weeks to prevent abnormal rise in prices The commerce ministry has decided to lift the ban on export of cotton and allow traders to apply afresh for registration. The ban was lifted barely hours before Prime Minister Manmohan Singh was scheduled to chair …
The government today lifted the ban on cotton exports and allowed fresh registration for the cotton marketing year ending September 30, based on the revised production estimates provided by the Cotton Advisory Board (CAB). Commerce and textiles minister Anand Sharma, agriculture minister Sharad Pawar and chairman of Prime Minister’s Economic …
