Tag: India

India
Friday, May 25th 2012 - 21:37 UTC

Paraguay proposes India long-term plan to exchange food for investments and technology

President Lugo is received by his peer Pratibha Patil

Paraguayan president Fernando Lugo currently visiting India proposed an exchange of food for investment and technology. Lugo was received by President Pratibha Patil and later by Prime Minister Manmohan Singh.

Wednesday, May 23rd 2012 - 01:16 UTC

Falkland Oil & Gas expects farm-in deal with “a listed independent” firm

FOGL CEO Tim Bushell made the announcement during an interview with Reuters

The political noise stirred up by Argentina over the Falkland Islands will not deter big energy firms from investing in the region if there is enough oil found to make it worthwhile, said the chief executive of exploration company Falkland Oil & Gas.

Wednesday, May 16th 2012 - 21:34 UTC

Indian oil and gas company desists from Falklands’ exploration partnership

ONGC Videsh expressed interest for two oil and gas blocks up for offer

After having to abandon its oil and gas assets quest in Vietnam off the South China Sea India has asked ONGC Videsh Limited (OVL) not to go ahead with its acquisition of hydrocarbon assets located in deep water in Falkland Islands

Wednesday, May 9th 2012 - 19:14 UTC

India’s ambitious project to mine 20bn tons of iron ore in Bolivia at risk

It was to be the largest foreign investment plan in President Evo Morales’ term

India’s Jinda Steel & Power's ambitious Bolivian project to mine 20 billion tons of iron ore is at risk after the Bolivian government encashed yet another 18-million dollars bank guarantee from the Indian firm for not meeting contractual terms.

Monday, April 30th 2012 - 07:12 UTC

India to complain Argentine trade restrictions, but ‘bilaterally’

Bilateral trade is not significant but there is great potential which India wants to develop

India has decided to raise its concerns over Argentina's recent import restrictions bilaterally, instead of joining the US and European Union who have taken the country to the World Trade Organization, reports the Economic Times from India.

Sunday, April 1st 2012 - 08:16 UTC

India and Brazil agree to push for UN Security Council reform

The two leaders also signed six agreements ranging from science and bio-technology to culture

India and Brazil on Friday decided to step up efforts to push the UN reforms, particularly the Security Council and signed half a dozen agreements in areas ranging from science and biotechnology to cultural exchanges.

Thursday, March 29th 2012 - 07:18 UTC

BRICS leaders’ summit takes off in India with a project for a development bank

The five leaders during the traditional ‘family’ picture

Leaders of the emerging world met in India on Thursday to discuss creating a new development bank, at a summit in which the bloc will seek to convert its economic might into collective diplomatic clout.

Tuesday, March 27th 2012 - 12:49 UTC

Brazil and India discussing military accord based on the French Rafale fighter jet

The Brazilian president following the BRICS summit begins a state visit to India

President Dilma Rousseff plans to use her New Delhi visit later this week to sound out Indian leaders on the French Rafale fighter jet, which she is considering buying to beef up Brazil's air force.

Tuesday, March 13th 2012 - 07:07 UTC

India confirms ban on cotton exports; China furious makes official complaint

India is the world’s second producer of cotton. The Indian cabinet remains divided on the decision

India will keep a controversial ban on its cotton exports for now after ministers failed to agree its fate at the weekend, even after top buyer China had criticised the move, which boosted global prices.

Tuesday, March 6th 2012 - 04:51 UTC

China increases defense budget to 100bn dollars; India says it is closer to 150bn

The Chinese navy first aircraft carrier is undergoing trials

China has announced it will increase defense spending by 11.2% in 2012, for the first time taking its annual military expenditure beyond 100 billion dollars as it puts in place plans to modernize its Army against the backdrop of an uncertain regional environment.

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