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China uncovers $10bn fake trades

Sep 26, 2014 at 09:52 | Source: BBC

China has uncovered $10bn (£6.1bn) worth of fake trades as part of a nationwide crackdown on companies. The currency regulator said 15 fraud cases had been handed over to the police for prosecution. Companies sometimes falsify transactions as a way ...

BHP Billiton and Mitsubishi to cut 700 jobs at coal mines

Sep 23, 2014 at 14:17 | Source: BBC

BHP Billiton and Mitsubishi plan to cut 700 jobs at a joint coal mining venture in Australia because of tough market conditions. Both companies said they found the business was overstaffed following an operational review. The job cuts account for abo...

Global stocks gain after Fed, dollar index hits 14-month high

Sep 18, 2014 at 06:30 | Source: FirstPost

NEW YORK (Reuters) - Stock markets around the world closed with modest gains on Wednesday after the U.S. Federal Reserve renewed a pledge to keep interest rates near zero for some time, while bond yields rose and the dollar rallied on expectations of...

Bilateral Business Boost: Chinese President Xi Jinping's visit to India likely to break trade deficit

Sep 10, 2014 at 06:07 | Source: Economic Times

NEW DELHI: Chinese premier Xi Jinping's visit to India next week will see the signing of purchase agreements between companies in the two countries besides the announcement of an investment of more than $7 billion in industrial parks in Maharashtra ...

Indonesia wants to regulate coal deals

Sep 06, 2014 at 19:47 | Source: Calcutta Telegraph News

Calcutta, Sept. 5: Indonesia has raised concerns about suspected coal deals struck between overseas buyers and its unregistered domestic miners. A top official of the Indonesian embassy in New Delhi today said efforts were underway to ensure that al...

Let�s seek PM Tony Abbott�s support for increased Australian coal supplies to India to tide over power crisis: ASSOCHAM

Sep 06, 2014 at 04:42 | Source: Assocham

With power crisis looming large in the face of coal shortages, India must seek more access to coal from Australia making use of the opportunity from the ongoing visit of Prime Minister Mr. Tony Abbott here, ASSOCHAM said today. The visit by the Prim...

Narendra Modi has stirred up hopes globally, feels Sam Walsh

Sep 04, 2014 at 12:00 | Source: Economic Times

Rio Tinto Chief Executive Sam Walsh says the whole world is looking at Prime Minister Narendra Modi with great expectation, as is the mining giant that has patiently waited nearly two decades now for an iron-ore lease in Odisha. In India, ahead of Au...

Indonesia's energy minister made suspect in graft case

Sep 03, 2014 at 23:30 | Source: FirstPost

JAKARTA (Reuters) - Indonesia's anti-corruption agency said on Wednesday the energy minister was a suspect in a case involving extortion and abuse of authority, the latest in a string of cases that have tainted President Susilo Bambang Yudhoyono's fi...

Papua New Guinea profile

Aug 29, 2014 at 13:42 | Source: BBC

Papua New Guinea occupies the eastern part of the world's second largest island and is prey to volcanic activity, earthquakes and tidal waves. Linguistically, it is the world's most diverse country, with more than 700 native tongues. Some 8...

Mineral royalty rates go up

Aug 21, 2014 at 09:37 | Source: Calcutta Telegraph News

New Delhi, Aug. 20: The government today gave its approval to raise the royalty rates on minerals, including iron ore and bauxite, a long awaited move that will boost the annual revenue of states. However, the royalty rates for coal and lignite have...

BHP Billiton to create new metals and mining company

Aug 19, 2014 at 19:02 | Source: BBC

BHP Billiton plans to spin-off some of its assets into a new $14bn (£8.4bn) metals and mining company in order to simplify its operations. The world's biggest mining firm also posted a rise in annual profits of 23% to $14bn, missing analysts�...

From Mala D to Savita bhabhi: How we explored sex in #FreeIndia

Aug 13, 2014 at 12:40 | Source: FirstPost

After 67 years of independence, with a population of over 1.2 billion, Indians clearly know a bit about sex. But it's not been an easy task learning about those birds and bees. And it might get tougher if Dinanath Batra persuades more states to do aw...

From Mala D to Savita bhabhi: How we discovered sex in India

Aug 13, 2014 at 12:40 | Source: FirstPost

Its been 67 years of independence and while sex isnt so much of a taboo now (even though our health minister would rather focus on abstinence rather than promote too much condom use), the truth is it wasnt always like that. Before globalisation, befo...

From Mala D to Savita bhabhi: How we discovered sex in #FreeIndia

Aug 12, 2014 at 16:43 | Source: FirstPost

After 67 years of independence, with a population of over 1.2 billion, Indians clearly know a bit about sex. But it's not been an easy task learning about those birds and bees. And it might get tougher if Dinanath Batra persuades more states to do aw...

Delhi-NCR likely to generate 95,000 MT e-wastes by 2017: ASSOCHAM

Aug 07, 2014 at 17:22 | Source: Assocham

US acquires lion s share in dumping e-waste in India: Study Delhi-NCR is emerging as the world s dumping yard for e-waste and likely to generate to an extent of 95,000 metric tonnes (MT) per annum by 2017 from the current level 55,000 metric tonnes ...

Will Africa be able to keep its economic winning streak alive?

Aug 05, 2014 at 14:56 | Source: FirstPost

by Paul Wiseman/Associated PressWashington: They export BMWs and birdseed and plenty in between. Their middle class is growing fast enough to draw the likes of Marriott and Wal-Mart. China, Europe, Japan and the United States are vying to build roads...

Nepal asks for more FDI, market access to bridge trade gap

Aug 05, 2014 at 05:02 | Source: Economic Times

KATHMANDU: Nepal today asked India to increase foreign direct investment, relax non-trade measures and allow greater market access for its products to bridge widening trade deficit. Nepal "suggested measures to address this deficit through increased ...

Nepal asks India to increase FDI, relax non-trade measures after Modi visit

Aug 04, 2014 at 21:55 | Source: FirstPost

Kathmandu: Nepal today asked India to increase foreign direct investment, relax non-trade measuresand allow greater market access for its products to bridge widening trade deficit.Nepal "suggested measures to address this deficit through increas...

Online store to sell metals

Jul 17, 2014 at 03:47 | Source: Calcutta Telegraph News

New Delhi, July 16 (Reuters): Switzerland-based Trafigura has launched an online store in India to sell aluminium, copper and other metals, seeking a slice of the $8-billion market and becoming the first big commodities trader to cater to hordes of ...

Chinese town trades lead poison test results for milk

Jul 16, 2014 at 04:45 | Source: FirstPost

DAPU China (Reuters) - After a test showed farmer Zhao Heping's toddler grandson had high levels of lead in his blood two years ago, local officials in China's Hunan province offered the child medicine, he says and milk. In return, Zhao says, offici...

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