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, …
CHENNAI: India should reject the WTO draft agreements on Agriculture and Non-Agriculture Market Access as the provisions are detrimental to the country's interests, the People's Union for Civil Liberties (PUCL) said on Monday. K.G. Kannabiran, president, PUCL, noted in a press release that the draft allowed farm subsidies in the …
NEW DELHI: The Central Bureau of Investigation on Friday arrested a U.S. national of Indian origin here in the case of wheat import from Australia by the public sector State Trading Corporation (STC) in 1998. The agency reopened the case on July 7 this year, conducted searches at several places …
Experience Shows Windfall Tax Can Dampen Investor Confidence, Cut Reinvestment And Stultify Markets & Growth THE recent, select demands to levy windfall taxes on private-sector petroleum companies does call for a proper policy debate. It's a current issue in public finance, no doubt driven by the recent flare up in …
Surcharge for promoting solar energy will be viewed as an increase in power tariff, says TNEB member DEBATE ON TARIFF: (From left) Mohan Verghese Chunkath, Chairman and Managing Director, Tamil Nadu Energy Development Agency; R. Rajupandi, Member, Tamil Nadu Electricity Regulatory Commission; S. Kabilan, Chairman of the Commission; B. Jeyaraman, …
In a move that potentially puts India's elephants at risk, China was on Tuesday approved as trading partner for stockpiles of ivory from Africa by the 57th Standing Committee meeting of the Convention of International Trade in Endangered Species of Wild Flora and Fauna (CITES) in Geneva. A decision was …
NEW DELHI: Spice Energy will import LNG from Indonesia at its proposed $400 million import terminal in Haldia while its unit Cals Refineries has signed a deal with oil major BP plc to source up to five million tonnes a year of crude oil for its $1.1 billion refinery in …
the Bangladesh government is mulling over not giving out new gas connections as a measure to check the depleting supply in the country. The measure comes at a time when the demand of gas is increasing everyday in the country.
This paper discusses the various factors that have been identified as responsible for the current global crisis in the availability of food and for the rise in prices of cereals. It argues that the crisis is different from the ones in the 1960s and 1970s in that there is now …
India will explore the possibility of importing liquefied natural gas (LNG) from Australia, a ministry of external affairs spokesman said. "We expect to source LNG from Australia in the near future," the spokesman on Friday told a press conference ahead of minister of external affairs Pranab Mukherjee's visit down under. …
Health minister Anbumani Ramadoss, who has a point of view on issues ranging from increasing cell phone use to junk food to smoking and drinking, has been approached by environmental and health activists to lend support in their campaign against controversial genetically modified (GM) food in India. Environmental group Greenpeace …
V NarayanaMurthi THE Olympic Games to be held this August in China appears to be playing a cruel game on the lives of thousands of people of Gudiyattam, near Vellore, who are engaged in handmade and mechanised match factories. The banning of export of phosphorus by the Chinese Government in …
in the face of looming global food crisis, the Maharashtra government has decided to dispose of over 30,000 tonnes of imported red wheat saying that much of it is unfit for consumption. The state government was to disburse the wheat through the public distribution system before October 31, 2007. However, …
In the face of an economic meltdown, Zimbabwe has suspended import duty on basic commodities for 90 days, with effect from May 12. The cost of imported basic commodities has sky-rocketed since the government floated the currency at an exchange rate of z $250 million to us $1. Previously the …
India needs to diverse its mineral export basket and intensify exploration activity with a suitable incentive framework to attract private sectors foreign investments, says a study by Export-Import Bank of India (Exim Bank). According to the study titled Exploration holds the key for Growth in India Mineral Sector, the growth …
The current spike in food prices needs prompt reaction through various forms of social protection to avert poverty and hunger. Prices are soon likely to fall somewhat, but not to their previous levels. Higher prices mean problems for three groups: poor households struggling to cope with higher costs of food; …
THE government has decided to drop plans of importing wheat in view of the record local procurement that has put the country in a very comfortable position compared to the last two years. This was a key decision of a meeting of a group of ministers (GoM) on food grains …
THE government has amended rules related to public sector imports to ensure swift sourcing of essential commodities, such as rice and wheat, to rein in prices. The move would allow public sector companies to contract commodities from the global market without having to go through elaborate tendering process. The move …
