We all love to dream, and strive hard to achieve them, yet this voyage by the team of six Indian Naval Lady Officers is much bigger than a mere dream! It’s a daunting challenge posed by the stormy seas and fierce weather, which could deter the best of the seafarers! Yet, they chose something for which they had opted. Team Tarini, a name that will be attached to the six brave Navikas’ as they are termed for the rest of their life.
Turismo de Portugal I.P (Portugal), Ecotourism Trust (India), Tryponyu (Indonesia) and SEGGITUR (Spain) are the winners of the 14th Edition of the UNWTO Awards for Innovation in Tourism. Fourteen projects among 128 applicants from 55 countries were selected as finalists of the 14th UNWTO Awards for Innovation in Tourism.
PwC's Indian unit has been banned from auditing listed companies for two years, over one of the country's biggest corporate scandals. Price Waterhouse was auditor for Satyam computers when company owner Ramalinga Raju admitted to inflating earnings.
Latin America's GDP growth is projected to increase to 2.2% in 2018 from 1.3% in 2017. The Pink Tide has receded for the moment, giving rise to more centre right governments in the region. In 2018, Brazil, Mexico, Colombia, Costa Rica, Paraguay and Venezuela will have presidential elections. Venezuela’s political and economic tragedy could get worse.
A six-member women’s team of the Indian Navy will set sail in early September to circumnavigate the globe on the sailing vessel, INSV Tarini. This is the first-ever circumnavigation of the globe by an all-woman crew from India, and one of the calls will take place in the Falkland Islands.
(*)By R. Viswanathan - For those who think that Latin America is too far and cost of freight is too high and therefore the region should be less important for India’s trade, here is the eye opener from the 2016-17 (April-March) statistics of the Commerce Ministry of India.
China's Navy Wednesday launched a new 10,000-tonne domestically designed and produced destroyer. The vessel, of the Type 055 class, is the first of a new generation of destroyers equipped with new air defense, anti-missile, anti-ship and anti-submarine weapons, and it is regarded as a challenge to naval rivals in Asia. The ship entered the water following a ceremony at Shanghai's Jiangnan Shipyard.
Venezuela's state-owned oil and natural gas company PDVSA and India have signed accords worth $1.45 billion whereby oil production is expected to increase from 430,000 barrels per day to 855,000 in less than a year. Exports in mind, there is a natiowide shortage of fuel.
Amid fears of threats posed by protectionism, the BRICS countries have vowed to deepen economic engagement, tackle the global economic slowdown, and combat cross border terrorism. The leaders of the five emerging economies of Brazil, Russia, India, China and South Africa wrapped up a summit Sunday in Goa, in western India.
India has begun the process of expanding its preferential trade agreement with the Mercosur trade bloc, opening its market more to South America and negotiations are expected to start in a month or two. The number of products on which tariff concessions is given is likely to increase to more than 3,000 from 450 at present with more agricultural products getting covered in the pact.