Search Results for: India

BY RAGHAVENDRA VERMA, in New Delhi

AN ALL-INDIA topper in school, the best performer in 1980 within his country’s Chartered Accountants’ Institute, and the first to hoist the sail of accountancy-outsourcing to India: Sunil Goel, 49, combines his academic knowledge, business skills and passion for information technology to reap the benefits of globally expanding business.…

BY RAGHAVENDRA VERMA, in New Delhi

India – US$692 billion economy, 10th largest in the world and growing at 8% annually – has finally put an official anti-money laundering public organisation in place. Its Financial Intelligence Unit (FIU), as required by the Prevention of Money Laundering Act-2002 (PMLA), which came into force in July 2005, has become fully operational.…

BY KEITH NUTHALL

THE EUROPEAN Commission is negotiating guaranteed 2006/7 cane sugar prices for deliveries from India plus the African, Caribbean, Pacific (ACP) block of countries. In probably the last such talks before the EU sugar regime is reformed, a decision is expected May 1, and will probably be Euro 631.90/tonne for white sugar and Euro 496.80/tonne for raw sugar.…

BY KEITH NUTHALL
INTRODUCTION

THE WORLD’S multilateral food trading system today stands at a crossroads: faced with the suspension of the World Trade Organisation’s Doha Development Round, it can either retreat to protectionism, leavened by a series of competitive bilateral trade deals, or it can grasp the nettle of liberal free trade, slash subsidies and tariffs, and then watch the economic rewards roll in.…

BY RAGHAVENDRA VERMA

FROM being coveted trophies for trigger-happy maharajas to the secret ingredient in Chinese aphrodisiacs, Indian tigers are on the verge of extinction. The most recent and serious threat to their existence is their dramatically shrunken habitat due to expanding human settlements.…

BY KEITH NUTHALL

THE EUROPEAN Bank for Reconstruction and Development (EBRD) has drawn up plans to lend the Ukraine branch of Mittal Steel US$200 million to boost production and energy efficiency. Assuming it is approved by the EBRD board, the money would go to Mittal Steel Kryviy Rih, which was acquired by the India-based group to salvage what the EBRD says was a previously "flawed privatisation process".…

BY KEITH NUTHALL

INTRODUCTION

THE WORLD’S multilateral food trading system today stands at a crossroads: faced with the suspension of the World Trade Organisation’s Doha Development Round, it can either retreat to protectionism, leavened by a series of competitive bilateral trade deals, or it can grasp the nettle of liberal free trade, slash subsidies and tariffs, and then watch the economic rewards roll in.…

BY RAGHAVENDRA VERMA, in New Delhi

THE INDIAN economy is booming and so, as a result, is the country’s US$1.8 billion paint and coating industry, which registered a 10 to 12% annual growth for third consecutive year, taking 2002-03, 2003-04, and 2004-05 into account.…

BY KEITH NUTHALL

PARIS (ICIS News)–The European Commission has this week (13-02) proposed exempting two Indian companies from anti-dumping duties imposed on India imports into the European Union (EU) of polyethylene terephthalate (PET) film. They are Jindal Poly Films Ltd, of New Delhi, and Polyplex Corporation Ltd, of Noida, Uttar Pradesh.…

BY KEITH NUTHALL

THE EUROPEAN Food Safety Authority (EFSA) has released practical guidance on how Europe can shore up its defences against the import of foot-and-mouth disease. With fresh outbreaks erupting in Argentina and cases continuing to occur in China and India, EFSA has declared: "With further globalisation, the resources needed to reduce the risk…will probably continue to grow".…