Budget 2015: Direct benefit transfer only way to cut govt's subsidy burden
Feb 24, 2015 at 18:55 | Source:
Subsidy is one expenditure that the governments in India find difficult to cut. It is understandable, considering 33 percent of the world's poor live in India.Prime Minister Narendra Modi has time and again said that his government is for the poor in...
U.S. farm lobbies call for action over India, China subsidies
Feb 20, 2015 at 03:30 | Source:
GENEVA (Reuters) - Big developing countries such as China and India are routinely breaking international trade rules on agriculture and the U.S. government should take action to stop them, representatives of U.S. corn and rice growers said on Thursda...
The end battle? Big iron ore miners tighten grip on market
Feb 13, 2015 at 01:15 | Source:
SINGAPORE/SHANGHAI (Reuters) - The world's big three iron ore miners appear to be entering the final phase of a fight to increase market share in China as massive expansions drive more high-cost rivals out of business.The global giants have met stubb...
Frontline teams 'unaware' of wildlife smuggler tactics
Feb 09, 2015 at 17:37 | Source:
Front-line transport workers largely lack awareness on how criminal networks disguise illegal wildlife products, it emerged at a summit in Bangkok. Customs officials and wildlife trade experts say that educating freight forwarders and handlers of air...
Indian media: Hindu widow 'saves 10 Muslims' from riots
Jan 22, 2015 at 14:42 | Source:
A frail Hindu widow is being hailed as a hero for saving the lives of 10 Muslims during recent religious riots in the northern state of Bihar, according to the Indian media. Shail Devi sheltered her Muslim neighbours in her home when a 5,000-strong m...
India looks for loopholes to prevent importing American chicken legs
Jan 22, 2015 at 12:16 | Source:
In a bid to offer some protection to the growing domestic poultry industry from competitively priced American chicken legs, the Indian government is all set to ban frozen chicken older than six months, as well as those that have fedgrowth hormones, a...
Global conflicts to dominate Davos agenda
Jan 21, 2015 at 07:01 | Source:
The risks posed by global conflicts will be at the top of the agenda when politicians and industry leaders meet in Switzerland next week. Unlike previous years, when the economy took centre stage, geopolitical concerns will be the hot topic at the Wo...
India eyes wheat exports, but cheap European supplies pose challenge
Jan 15, 2015 at 00:15 | Source:
SINGAPORE/NEW DELHI (Reuters) - A rally in global wheat prices and a looming tax on Russian exports have set the stage for a resumption in India's overseas sales, although cheaper European supplies could provide stiff competition to the South Asian n...
World Bank cuts global growth forecast
Jan 14, 2015 at 13:22 | Source:
The World Bank has cut its global growth forecast, warning the US alone cannot drive an economic recovery. In its bi-annual report, the Bank predicted global growth of 3% this year and 3.3% next year, below its June forecast of 3.4% and 3.5% respecti...
Global stocks cut gains in volatile session as oil falls
Jan 14, 2015 at 02:45 | Source:
NEW YORK (Reuters) - Stock markets around the world edged higher on Tuesday on investor hopes for economic stimulus from the European Central Bank, though Wall Street turned negative as crude oil continued to fall.Oil hit a near six-year low as the U...
Historic treaty regulating global arms trade comes into force
Dec 24, 2014 at 13:40 | Source:
United Nations: A landmark treaty regulating the multibillion-dollar global arms trade comes into force on Wednesday, a milestone hailed by the United Nations and campaigners seeking to stop weapons sales to dictators, terrorists and human rights abu...
Bayer fails to block generic cancer drug in Supreme Court
Dec 15, 2014 at 00:15 | Source:
REUTERS - German drugmaker Bayer (BAYGn.DE) has failed in a last-ditch attempt to block the sale of a cheap generic version of its cancer drug Nexavar in India, after the Supreme Court ruled against it on Friday.The decision, which upholds earlier ru...
PM's foreign trips promote cooperation: Sushma Swaraj
Dec 04, 2014 at 00:15 | Source:
New Delhi, Dec 3 (IANS) Prime Minister Narendra Modi's engagements abroad have been aimed at promoting cooperation on skill development, advanced medical research and food security, External Affairs Minister Sushma Swaraj said here Wednesday.Making a...
PM Modi's foreign trips promote cooperation, security: Sushma Swaraj
Dec 03, 2014 at 14:25 | Source:
New Delhi: Prime Minister Narendra Modi's engagements abroad have been aimed at promoting cooperation on skill development, advanced medical research and food security, External Affairs Minister Sushma Swaraj said on Wednesday.Making a suo motu state...
Impasse over global trade reform ends
Nov 28, 2014 at 04:36 | Source:
Calcutta Telegraph News
Geneva, Nov. 27 (Reuters): The World Trade Organization (WTO) adopted the first worldwide trade reform in its history on Thursday, after years of stalemate, months of deadlock and a final day’s delay following an eleventh-hour objection. The a...
Indian media: Modi's Saarc agenda
Nov 27, 2014 at 16:36 | Source:
Media in India praise Prime Minister Narendra Modi for urging South Asian countries to boost regional development. Mr Modi on Wednesday stressed on the urgent need to overcome challenges that are holding the region back during the 18th Saarc (South A...