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Indian embassies, consulates well-placed to help country`s businesses explore new markets for exports: Rajkumar Ranjan Singh Union Minister of State for External Affairs Rajkumar Ranjan Singh has said that Indian embassies and consulates are well-placed to help the country's businesses explore new markets for exports. He said India's growth and prosperity are intrinsically linked to its ability to tap into global markets and focusing on the incredible products and services that it has to offer. He stated that India has representation in almost all the countries of the world. He said ‘Our embassies ...
Indian embassies, consulates well-placed to help country`s businesses explore new markets for exports: Rajkumar Ranjan Singh
Indian embassies, consulates well-placed to help country`s businesses explore new markets for exports: Rajkumar Ranjan Singh
Source: Accord Fintech
24/08/2023 10:53:33 AM
Top buyer India`s sunoil imports to fall as Black Sea grain deal expires India's imports of sunflower oil are likely to fall in the coming months as it becomes uncompetitive against rival oils due to rising prices after Russia withdrew from the Black Sea grain deal, industry officials told Reuters. The drop in sunflower oil imports would force the world's biggest buyer of vegetable oils to increase purchases of palm oil and soyoil to compensate. A year-long deal allowing the safe Black Sea export of Ukraine's grain expired on Monday after Russia ...
Top buyer India`s sunoil imports to fall as Black Sea grain deal expires
Top buyer India`s sunoil imports to fall as Black Sea grain deal expires
Source: Reuters
19/07/2023 2:17:10 PM
Only 14% of the time Nifty has been more expensive than current level  The Nifty rallied 10.5 per cent during the April-June quarter and was the 4th best performing index after Brazil (+15.9 per cent), Japan (14.2 per cent) and Russia (14.1 per cent), foreign brokerage, CLSA said in a report. Nifty outperformed the EM benchmark by 10.6ppts. China (-7.8 per cent) and Hong Kong (-7.3 per cent) were the worst performing markets followed by Thailand (-6.6 per cent). The premium of the Nifty 12-month forward PE is getting close to the extended zone as onl...
Only 14% of the time Nifty has been more expensive than current level
Only 14% of the time Nifty has been more expensive than current level
Source: IANS
6/07/2023 2:31:32 PM
India`s palm oil imports hit 27-month low, buyers pick cheaper soft oils - dealers  India's palm oil imports sank to a 27-month low in May as buyers cancelled expensive cargoes of the edible oil and replaced them with cheaper soyoil and sunflower oil, six dealers told Reuters on Tuesday. Palm oil imports by India fell to 441,000 tonnes last month, down 14% from 510,094 tonnes in April, according to average estimates from the dealers. May imports were the lowest since February 2021, the dealers added. The drop in purchases by the world's biggest importer o...
India`s palm oil imports hit 27-month low, buyers pick cheaper soft oils - dealers
India`s palm oil imports hit 27-month low, buyers pick cheaper soft oils - dealers
Source: Reuters
6/06/2023 10:24:23 AM
Yao Ming on list of FIBA Hall of Fame Class of 2023  Former Chinese superstar Yao Ming is on the list of the FIBA Hall of Fame Class of 2023, the basketball governing body, the International Basketball Federation (FIBA) announced here. Former Houston Rockets' center Yao Ming, now the president of the Chinese Basketball Association (CBA), became the first international player to be picked number one overall in the 2002 National Basketball Association (NBA) draft. He retired in 2011 after being selected eight times as an NBA All-Star...
Yao Ming on list of FIBA Hall of Fame Class of 2023
Yao Ming on list of FIBA Hall of Fame Class of 2023
Source: IANS
3/06/2023 10:23:30 AM
FIFA U20 WC: Italy survives spirited fightback to edge Brazil in a five-goal thriller A sublime performance from Cesare Casadei earned Italy a 3-2 victory over Brazil in a thrilling game of two halves at the FIFA U-20 World Cup Argentina 2023. The Chelsea-owned midfielder's flick-on enabled Matteo Prati to head home the deadlock-breaker at the back post. Casadei then doubled the lead, nodding home after his initial knock-down wasn't dealt with. He then conned Arthur and won a penalty, which he himself converted. Brazil went for it in the second half. Sebastiano D...
FIFA U20 WC: Italy survives spirited fightback to edge Brazil in a five-goal thriller
FIFA U20 WC: Italy survives spirited fightback to edge Brazil in a five-goal thriller
Source: IANS
22/05/2023 3:32:12 PM
PM Narendra Modi meets Brazilian President Lula, discusses bilateral strategic partnership Prime Minister Narendra Modi on Sunday met Brazilian President Inacio Lula da Silva in Japan's Hiroshima and discussed the bilateral strategic partnership, especially in sectors of defence production, trade and renewable energy. Modi and Lula met on the sidelines of the summit of the G7 advanced economies in Hiroshima. "The talks with President Lula were productive and wide-ranging. India and Brazil will keep working together to deepen trade ties. We also discussed diversifying...
PM Narendra Modi meets Brazilian President Lula, discusses bilateral strategic partnership
PM Narendra Modi meets Brazilian President Lula, discusses bilateral strategic partnership
Source: IANS
21/05/2023 2:15:25 PM
Private analysts upgrade Mexico`s 2023 GDP growth forecast to 1.6% A survey by the Bank of Mexico (Banxico) revealed that private-sector financial analysts have upgraded the country's economic growth forecast for 2023 from 1.4 per cent to 1.6 per cent. For 2024, analysts downgraded expected growth in Mexico's GDP from 1.8 per cent to 1.7 per cent on average, according to the bank's survey of analysts at 37 financial groups. The Mexican economy, Latin America's second-largest after Brazil, grew 3.1 per cent in 2022, down from the 4.7 per...
Private analysts upgrade Mexico`s 2023 GDP growth forecast to 1.6%
Private analysts upgrade Mexico`s 2023 GDP growth forecast to 1.6%
Source: IANS
3/05/2023 2:30:05 PM
Brazil`s financial market raises 2023 inflation forecast to 6.01% The Central Bank of Brazil said that financial analysts have raised the inflation forecast for this year from 5.98 per cent to 6.01 per cent, and from 4.14 per cent to 4.18 per cent for next year. Target inflation in Brazil is 3.25 per cent this year and 3 per cent next year, in both cases with a margin of tolerance of 1.5 percentage points, reports Xinhua news agency. According to the central bank's weekly "Focus" survey of the country's top financial institutions, de...
Brazil`s financial market raises 2023 inflation forecast to 6.01%
Brazil`s financial market raises 2023 inflation forecast to 6.01%
Source: IANS
18/04/2023 1:59:28 PM
Brazil records 0.71% inflation in March Brazil recorded inflation of 0.71 per cent in March, lower than the 0.84 per cent in February and less than half of the 1.62 per cent in March 2022, the Institute of Geography and Statistics reported. So far, the South American country has accumulated 2.09 per cent inflation for the year, while in the last 12 months through March it reached 4.65 per cent, the lowest in the same comparison since January 2021 (4.56 per cent), reports Xinhua news agency. Of the nine groups of products and ...
Brazil records 0.71% inflation in March
Brazil records 0.71% inflation in March
Source: IANS
12/04/2023 2:34:44 PM
Brazil`s financial market raises 2023 inflation forecast to 5.96% The Central Bank of Brazil said the country's financial market has raised its inflation forecast for this year from 5.93 per cent to 5.96 per cent, but maintained its 2024 forecast at 4.13 per cent. Brazil's target inflation is 3.25 per cent for 2023 and 3 per cent for 2024, both with a 1.5 percentage point margin of tolerance, reports Xinhua news agency. The rise in expected inflation this year may impact any potential decisions by the bank to lower the benchmark interest rate,...
Brazil`s financial market raises 2023 inflation forecast to 5.96%
Brazil`s financial market raises 2023 inflation forecast to 5.96%
Source: IANS
4/04/2023 2:31:24 PM
Six vidyagyan students identify 17 asteroids Six students from Grade 11 in VidyaGyan, Bulandshahr, participated in the International Astronomical Search Collaboration (IASC) which is a global event to identify asteroids. From the overall 1000 detections, VidyaGyan students were able to identify 17 preliminary asteroid detections of which three have been provisionally recognised by NASA and the International Astronomical Search Collaboration (IASC). NASA will further observe the detected asteroids for the next six months. Accord...
Six vidyagyan students identify 17 asteroids
Six vidyagyan students identify 17 asteroids
Source: IANS
24/03/2023 5:19:29 PM
Brazil's financial market raises 2023 economic growth forecast to 0.85% Brazil's financial market slightly upgraded its economic growth forecast for 2023, from 0.84 per cent to 0.85 per cent, the central bank said. It was the third time in a row that top financial analysts surveyed by the bank for its weekly report upgraded their growth forecast for this year, though they maintained their 2024 forecast at 1.5 per cent, reports Xinhua news agency. Last week, the Brazilian Institute of Geography and Statistics (IBGE) said the country's gross domestic ...
Brazil's financial market raises 2023 economic growth forecast to 0.85%
Brazil's financial market raises 2023 economic growth forecast to 0.85%
Source: IANS
7/03/2023 3:33:42 PM
As G20 finance chiefs gather, Yellen calls for more economic aid to Ukraine U.S. Treasury Secretary Janet Yellen stepped up calls on Thursday for increased financing support to Ukraine to help it battle the year-old Russian invasion as the United States readies an additional $10 billion in economic assistance in coming weeks. Yellen, speaking at a news conference in India on the eve of the first anniversary of the Russian invasion, said it was critical for the International Monetary Fund to "move swiftly" towards a fully financed loan programme for Ukrai...
As G20 finance chiefs gather, Yellen calls for more economic aid to Ukraine
As G20 finance chiefs gather, Yellen calls for more economic aid to Ukraine
Source: Reuters
23/02/2023 5:05:59 PM
India, US, Brazil to work together for Global Biofuels Alliance With a view to facilitate cooperation and intensify the use of sustainable biofuels, Brazil, India, and the US, as leading biofuel producers and consumers, will work together during the next few months towards the development of a Global Biofuels Alliance along with other interested countries, an official statement said. This Alliance will be aimed at facilitating cooperation and intensifying the use of sustainable biofuels, including in the transportation sector. It will place emphasis on...
India, US, Brazil to work together for Global Biofuels Alliance
India, US, Brazil to work together for Global Biofuels Alliance
Source: IANS
12/02/2023 9:40:27 AM
Indian sugar mills to close early as weather dents cane supply - Government official Sugar mills in India's top producing state Maharashtra are set to stop cane crushing 45 to 60 days earlier than last year as adverse weather has curtailed sugar cane availability, a senior state government official told Reuters on Friday. The western state of Maharashtra, which accounts for more than a third of the country's sugar output, could produce 12.8 million tonnes of sugar in the 2022/23 marketing year that began on Oct. 1, down from an earlier forecast of 13.8 million tonn...
Indian sugar mills to close early as weather dents cane supply - Government official
Indian sugar mills to close early as weather dents cane supply - Government official
Source: Reuters
27/01/2023 4:22:10 PM
India extends policy to import refined palm oil at lower duty  India extended a policy to import refined palm oil at a lower duty and allowed imports of 51,000 tonnes of cotton at nil duty in 2023, the government said in a notification late on Thursday. The concessional duty structure for the refined palm oil had been due to expire on December 31. It has been extended "until further orders," the government said. In December 2021, India cut basic import tax on refined palm oil and brought down the total taxes on their imports to 13.7...
India extends policy to import refined palm oil at lower duty
India extends policy to import refined palm oil at lower duty
Source: Reuters
29/12/2022 10:22:07 AM
United Cup: Petra Kvitova to lead Czech Republic in inaugural event Two-time Wimbledon women's singles winner Petra Kvitova will lead the Czech Republic's challenge in the inaugural edition of the United Cup, the 18-nation mixed team competition which will be played in three venues in Australia starting next week. The 11-day tournament will be played simultaneously in Sydney, Brisbane and Perth as the United Cup replaces the ATP Cup. The group stage will be played from December 29 to January 3. Each city will host two groups of three countries, ...
United Cup: Petra Kvitova to lead Czech Republic in inaugural event
United Cup: Petra Kvitova to lead Czech Republic in inaugural event
Source: IANS
23/12/2022 4:46:22 PM
Kwality Pharmaceuticals surges on getting approval from Brazil's ANVISA Kwality Pharmaceuticals is currently trading at Rs. 394.15, up by 24.55 points or 6.64% from its previous closing of Rs. 369.60 on the BSE. The scrip opened at Rs. 398.00 and has touched a high and low of Rs. 404.00 and Rs. 376.05 respectively. So far 26168 shares were traded on the counter. The BSE group 'B' stock of face value Rs. 10 has touched a 52 week high of Rs. 961.50 on 03-Jan-2022 and a 52 week low of Rs. 265.60 on 08-Aug-2022. Last one week high and low of the scri...
Kwality Pharmaceuticals surges on getting approval from Brazil's ANVISA
Kwality Pharmaceuticals surges on getting approval from Brazil's ANVISA
Source: Accord Fintech
22/12/2022 11:10:32 AM
Support for agricultural production in developing nations cannot be shifted: India at COP15 At the ongoing UN biodiversity summit, referred to as COP15, that will reach a consensus on putting in place the post-2020 Global Biodiversity Framework (GBF), India has said the support for agricultural production in developing countries cannot be shifted. In a statement at the summit by Indian delegation led by Environment, Forest and Climate Change Minister Bhupender Yadav on Saturday noted that its goals and targets must be based on the principle of common but differentiated responsibi...
Support for agricultural production in developing nations cannot be shifted: India at COP15
Support for agricultural production in developing nations cannot be shifted: India at COP15
Source: IANS
18/12/2022 5:34:05 PM
Golden Boot winners at each FIFA World Cup Going into the finals of the 2022 FIFA World Cup, Lionel Messi and Kylian Mbappe are favourites to win the Golden Boot award, given to the top goal-scorer of the tournament. Both men have 5 goals each in the tournament so far. This will be Messi's final shot at winning the World Cup, a trophy that has eluded his glittering cabinet in his illustrious career. Below is the list of FIFA World Cup Golden Boot winners (inputs from Xinhua): 1930 - Guillermo Stabile (Argentina) - 8 goals...
Golden Boot winners at each FIFA World Cup
Golden Boot winners at each FIFA World Cup
Source: IANS
18/12/2022 12:52:44 PM
India eyes record rapeseed crop as high prices prompt farmers to plant more Rapeseed output in India is likely to rise to a record high in 2023 as higher prices have encouraged farmers to plant the main winter oilseed on nearly 9% more area than a year ago, trade and industry officials said. Higher rapeseed production could help India, the world's biggest importer of vegetable oils, cut expensive overseas purchases of cooking oils that cost the country a record $18.9 billion in the fiscal year to March 31, 2022. India meets more than 70% of its cooking oil ...
India eyes record rapeseed crop as high prices prompt farmers to plant more
India eyes record rapeseed crop as high prices prompt farmers to plant more
Source: Reuters
15/12/2022 2:57:59 PM
Crypto retains lure in Latin America`s inflation hotspots The "crypto winter" has shattered the money-making hopes of many small investors around the world, but in inflation-plagued Argentina, cryptocurrency converts are holding on. Inflation is expected to reach 100% this year in South America's No. 2 economy, and for many Argentine retail investors the priority is to protect the value of their savings - traditionally by buying dollars, but increasingly virtual coins. "Some people got into bitcoin because they thought they&...
Crypto retains lure in Latin America`s inflation hotspots
Crypto retains lure in Latin America`s inflation hotspots
Source: Reuters
15/12/2022 10:14:07 AM
Palm oil imports to top buyer India surge on discount to rivals Palm oil imports to India, the world's biggest buyer, rose in November by 29% from the previous month as steep discounts to rivals soyoil and sunflower oil made purchases lucrative for local refiners, a trade body said on Wednesday. Imports last month were 1.14 million tonnes, more than double from a year earlier, the Mumbai-based Solvent Extractors' Association of India (SEA) said in a statement. Higher Indian imports would help top producer Indonesia cut its inventories and su...
Palm oil imports to top buyer India surge on discount to rivals
Palm oil imports to top buyer India surge on discount to rivals
Source: Reuters
14/12/2022 1:43:54 PM
Messi happy to qualify for semifinals Lionel Messi admitted his side had suffered to qualify for the semifinals of the World Cup after a dramatic penalty shootout against the Netherlands. "We are really happy, we suffered too much, but it's a quarterfinal in the World Cup, and we suffered what we had to suffer to qualify," said Messi. Messi was the man of the match after setting up Nahuel Molina for the opening goal and then scoring Argentina's second from the penalty spot with just 17 minutes left to play...
Messi happy to qualify for semifinals
Messi happy to qualify for semifinals
Source: IANS
10/12/2022 2:41:39 PM
Eicher Motors trades higher on the BSE Eicher Motors is currently trading at Rs. 3337.10, up by 15.30 points or 0.46% from its previous closing of Rs. 3321.80 on the BSE. The scrip opened at Rs. 3340.00 and has touched a high and low of Rs. 3359.10 and Rs. 3331.40 respectively. So far 7627 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 1 has touched a 52 week high of Rs. 3886.00 on 01-Nov-2022 and a 52 week low of Rs. 2110.00 on 07-Mar-2022. Last one week high and low of the scrip sto...
Eicher Motors trades higher on the BSE
Eicher Motors trades higher on the BSE
Source: Accord Fintech
9/12/2022 2:44:03 PM
NDB to scale up infrastructure & development finance in India After successfully financing a $500 million road infrastructure development project in Madhya Pradesh, the New Development Bank (NDB) plans to scale up its infrastructure and development finance in India for a sustainable future. The NDB established in 2015 by BRICS countries -- Brazil, Russia, India, China and South Africa, has invested in 21 projects worth $7.2 billion in India since 2016 which is expected to benefit over four million people. The $500 million Madhya Pradesh Major Dist...
NDB to scale up infrastructure & development finance in India
NDB to scale up infrastructure & development finance in India
Source: IANS
9/12/2022 1:38:34 PM
Brazil storms into quarters, Asian teams bite the dust; mixed reactions from football lovers in Kolkata It was a mixed bag for football lovers in Kolkata till the early hours of Tuesday. While Brazil fans cheered lustily till after 3 am on Tuesday after Neymar Jr's team trounced South Korea 4-1 to storm into the quarterfinals of the ongoing Football World Cup Finals in Qatar, some like Soumya Saha lamented the exit of all Asian teams from the tournament. "I am a Brazil fan and rooted for my team till the last. I knew that it would be a tough ask from South Korea to beat Brazil in th...
Brazil storms into quarters, Asian teams bite the dust; mixed reactions from football lovers in Kolkata
Brazil storms into quarters, Asian teams bite the dust; mixed reactions from football lovers in Kolkata
Source: IANS
6/12/2022 3:45:11 PM
Top palm oil buyer India`s November imports jump 29% to 1.14 million tonnes - dealers India's palm oil imports jumped 29% in November from a month ago, as a steep discount to rival soyoil and sunoil made buying of the tropical oil lucrative for local refiners, five dealers told Reuters on Tuesday. Higher imports by India, the world's biggest palm oil buyer, would help top producer Indonesia cut its inventories and support benchmark Malaysian palm oil prices, which have nearly halved from this year's record highs. India's palm oil imports reached 1.14 mill...
Top palm oil buyer India`s November imports jump 29% to 1.14 million tonnes - dealers
Top palm oil buyer India`s November imports jump 29% to 1.14 million tonnes - dealers
Source: Reuters
6/12/2022 3:43:00 PM
India`s sugar output set to drop 7%, could crimp exports India's sugar output is likely to fall 7% this year as erratic weather conditions have cut cane yields, which could dampen exports from the world's biggest producer of the sweetener, farmers, millers and traders said. Lower sugar exports from India, also the world's second biggest exporter, could lift global prices and allow rivals Brazil and Thailand to increase their shipments. "The crop was just looking like last year but when we started harvesting we realised that y...
India`s sugar output set to drop 7%, could crimp exports
India`s sugar output set to drop 7%, could crimp exports
Source: Reuters
6/12/2022 9:08:08 AM
WhatsApp rolls out disappearing messages shortcut on Android beta Meta-owned messaging platform has started to roll out a new disappearing messages shortcut on Android beta. After downloading the latest WhatsApp beta for Android 2.22.25.11 update, some users were able to access the new feature, reports WABetaInfo. The new shortcut is placed within the 'Manage Storage' section and is marked as a tool to save space. This shortcut will roll out to more users over the coming days. The new section makes it easy to mark old and new chats as di...
WhatsApp rolls out disappearing messages shortcut on Android beta
WhatsApp rolls out disappearing messages shortcut on Android beta
Source: IANS
2/12/2022 5:20:59 PM
Finance Ministry officials hold negotiations with G20 troika members Economic Affairs Secretary Ajay Seth on Thursday interacted with G20 Troika Members Indonesia and Brazil as well as co-chairs of G20 working groups, to finalise a roadmap on holding consultations on G20 Finance Track for 2023. India has assumed presidency of G20 Thursday onwards. G20 Finance Track discusses global economic and financial issues through meetings of finance ministers and Central Bank Governors, their deputies and various working group level meetings. The work areas incl...
Finance Ministry officials hold negotiations with G20 troika members
Finance Ministry officials hold negotiations with G20 troika members
Source: IANS
2/12/2022 9:36:05 AM
India to pitch for international biofuels alliance at G20 : Oil Minister Hardeep Singh Puri Oil Minister Hardeep Singh Puri has said India will at the upcoming G20 meeting plans to pitch for a global alliance on biofuels on lines of the highly-successful international solar alliance. India, the world's third largest oil-consuming and importing nation, is now pushing for greater use of biofuels extracted from sugarcane, cereals and agri waste as a means to cut reliance on crude oil. He stated ‘We will utilise our G20 presidency to try and set up an international biofuel all...
India to pitch for international biofuels alliance at G20 : Oil Minister Hardeep Singh Puri
India to pitch for international biofuels alliance at G20 : Oil Minister Hardeep Singh Puri
Source: Accord Fintech
30/11/2022 11:15:01 AM
FIFA World Cup: Casemiro's goal books last-16 spot for Brazil Casemiro struck his first World Cup goal with seven minutes remaining in the match to break Switzerland resistance and book Brazil's place in the Round of 16 here on Monday. Brazil didn't alight on any rhythm in a stuffy opening half, their only attempts coming from Vinicius Junior, whose scruffy contact in front of goal allowed Yann Sommer to save, and Raphinha, who struck a hard hit effort into Sommer's midriff. Richarlison, the two-goal hero against Serbia on Thursday, ne...
FIFA World Cup: Casemiro's goal books last-16 spot for Brazil
FIFA World Cup: Casemiro's goal books last-16 spot for Brazil
Source: IANS
29/11/2022 5:52:44 PM
Lupin shines as its Brazilian subsidiary acquires rights to nine brands from Bausch Health Lupin is currently trading at Rs. 756.80, up by 23.10 points or 3.15% from its previous closing of Rs. 733.70 on the BSE. The scrip opened at Rs. 747.00 and has touched a high and low of Rs. 759.15 and Rs. 740.25 respectively. So far 16726 shares were traded on the counter. The BSE group 'A' stock of face value Rs. 2 has touched a 52 week high of Rs. 972.50 on 14-Dec-2021 and a 52 week low of Rs. 583.05 on 25-May-2022. Last one week high and low of the scrip stood at Rs. 759....
Lupin shines as its Brazilian subsidiary acquires rights to nine brands from Bausch Health
Lupin shines as its Brazilian subsidiary acquires rights to nine brands from Bausch Health
Source: Accord Fintech
29/11/2022 12:04:07 PM
Van Gaal insists on Netherlands' chance of winning World Cup Netherlands coach Louis van Gaal has sounded a battle cry ahead of his side's debut in the 2022 World Cup finals later on Monday, saying he believes his team can lift the title that has always eluded them. The Dutch were runners-up to Germany in 1974 and to Argentina in 1978. They were beaten by Andres Iniesta's injury time goal for Spain in South Africa in 2010. Van Gaal led the Dutch to third place in the 2014 World Cup finals in Brazil, with a team that included players such ...
Van Gaal insists on Netherlands' chance of winning World Cup
Van Gaal insists on Netherlands' chance of winning World Cup
Source: IANS
21/11/2022 4:01:34 PM
India's wheat planting gathers momentum, acreage up nearly 10%  Indian farmers have planted wheat on 4.5 million hectares since Oct. 1, when the current sowing season began, up 9.7% from a year ago, the latest data from the farm ministry showed on Friday. The Ministry of Agriculture & Farmers' Welfare will keep updating the provisional crop sowing figures as it gathers more information from state governments. In India, wheat is mainly produced in the northern states of Punjab, Haryana, Uttar Pradesh and the central state of Madhya Prad...
India's wheat planting gathers momentum, acreage up nearly 10%
India's wheat planting gathers momentum, acreage up nearly 10%
Source: Reuters
14/11/2022 11:22:18 AM
India gives environmental approval for gene- modified mustard  India has granted environmental clearance for indigenously developed genetically modified (GM) mustard seeds, experts said on Thursday, paving the way for commercial use of its first GM food crop. The world's biggest importer of edible oils, on which it spends tens of billions of dollars a year, India fills more than 70% of its demand from Argentina, Brazil, Indonesia, Malaysia, Russia and Ukraine. "I can call it a landmark development," said Deepak Pental, a genetic...
India gives environmental approval for gene- modified mustard
India gives environmental approval for gene- modified mustard
Source: Reuters
27/10/2022 2:18:15 PM
Brazil's 2022 growth forecast revised up to 2.76% Financial analysts upgraded their forecast for Brazil's economic growth for 2022 from 2.71 per cent to 2.76 per cent, and from 0.59 per cent to 0.63 per cent for 2023, the central bank said. According to the bank's weekly survey of the country's leading financial institutions, market analysts lowered the inflation forecast for the year from 5.62 per cent to 5.6 per cent, and from 4.97 per cent to 4.94 per cent for the next year, reports Xinhua news agency. The government'...
Brazil's 2022 growth forecast revised up to 2.76%
Brazil's 2022 growth forecast revised up to 2.76%
Source: IANS
25/10/2022 11:08:02 AM
India likely to produce 36.5 million tonnes of sugar in 2022-23-industry body India is expected to produce around 36.5 million tonnes of sugar in the new season that began on Oct. 1, a leading industry body said on Monday. India, world's biggest sugar producer and the second biggest exporter behind Brazil, churned out around 35.8 million tonnes of the sweetener in the 2021-22 season, according to the Indian Sugar Mills Association, a producers' body.
India likely to produce 36.5 million tonnes of sugar in 2022-23-industry body
India likely to produce 36.5 million tonnes of sugar in 2022-23-industry body
Source: Reuters
17/10/2022 3:46:01 PM
Serbia defeat Brazil to retain women's volleyball world championship title Superstar Tijana Boskovic impressed again as Serbia defeated Brazil 26-24, 25-22, 25-17 for their second FIVB Women's World Championship title in a row. Brazil had to wait for at least another four years to claim their maiden world title as the two-time Olympic champions had reached the final four times, but lost them all. Serbia's fourth victory over Brazil in 22 international encounters made them just the sixth nation to win back-to-back World Championship titles. Boskovic le...
Serbia defeat Brazil to retain women's volleyball world championship title
Serbia defeat Brazil to retain women's volleyball world championship title
Source: IANS
17/10/2022 10:33:01 AM
HCLTech to hire 1,000 people in Brazil, open next-gen tech centre Tech firm HCLTech on Wednesday announced plans to hire 1,000 people in Brazil in the next two years, along with opening a new technology centre in that country. HCLTech said it is scaling up its operations to serve its growing local and global client base across industries. "Our commitment to Brazil is part of our long-term strategic plan in the country, which includes supercharging progress for our clients, partners, people and communities in this region of significant importance,...
HCLTech to hire 1,000 people in Brazil, open next-gen tech centre
HCLTech to hire 1,000 people in Brazil, open next-gen tech centre
Source: IANS
5/10/2022 11:06:31 AM
Take Five: A bumpy home straight A tumultuous year for financial markets is entering the home straight, with Britain battling a self-inflicted crisis and markets pouring over U.S. jobs data to determine how much of an impact Fed hikes are having on the U.S. economy. Currencies plumbing multi-year lows in Australia and New Zealand are ramping up pressure on policymakers there, and Brazil's voters head to the ballot box in a continent in political flux. Here's a look at the week ahead in markets from Kevin Buckla...
Take Five: A bumpy home straight
Take Five: A bumpy home straight
Source: Reuters
1/10/2022 9:47:53 AM
In new strategy, G4 ministers to push 'consolidated text' to be draft resolution for UNSC reform The Ministers of G4 countries have announced a new strategy that could speed up the UN Security Council reform process by pushing for the adoption in the negotiating process of a 'consolidated text' that would be the basis for a General Assembly resolution on moving the highest UN body to meet the new realities. The Ministers of India, Brazil, Germany and Japan, whose group for Council reform is known as G4, said in a press statement after their meeting on Thursday that they have i...
In new strategy, G4 ministers to push 'consolidated text' to be draft resolution for UNSC reform
In new strategy, G4 ministers to push 'consolidated text' to be draft resolution for UNSC reform
Source: IANS
25/09/2022 10:22:29 AM
India announces launch of 'Innovation Roadmap of the Mission Integrated Biorefineries'  Aiming at greater international collaboration and the need for increased financing for Energy Research, Development, and Demonstration (RD&D), the Centre on Friday announced the launch of the "Innovation Roadmap of the Mission Integrated Biorefineries" developed by co-leads and active inputs from Brazil, Canada, EC and the UK. Dr Jitendra Singh, who is leading a high-level Joint Indian Ministerial Delegation of Ministry of Power, New & Renewable Energy and Ministry ...
India announces launch of 'Innovation Roadmap of the Mission Integrated Biorefineries'
India announces launch of 'Innovation Roadmap of the Mission Integrated Biorefineries'
Source: IANS
23/09/2022 5:25:25 PM
G4 Ministers meet to strategise UNSC reform as world leaders express support External Affairs Minister S. Jaishankar and his G4 counterparts met to discuss and strategise the reform of the UN Security Council (UNSC) which has been getting wide support from leaders at the high-level meeting of the General Assembly. Besides Jaishankar, the other participants at Thursday's meeting were Foreign Ministers Carlos Franca of Brazil, Annalena Baerbock of Germany, and Yoshimasa Hayashi of Japan. Known as the G4, the four countries lobby for reform of the Council and m...
G4 Ministers meet to strategise UNSC reform as world leaders express support
G4 Ministers meet to strategise UNSC reform as world leaders express support
Source: IANS
23/09/2022 12:27:22 PM
India drops 7 spots in fixed broadband speeds in August globally  India dropped seven places for the overall median fixed broadband speeds globally, from 71st in July to 78th spot in August, a report showed on Tuesday. The country, however, maintained its global ranking for median mobile speeds at 117th position, according to network intelligence and connectivity insights provider Ookla. Overall, the country witnessed a slight increase in median mobile download speeds from 13.41 Mbps to 13.52 Mbps and overall fixed median download speeds from 48...
India drops 7 spots in fixed broadband speeds in August globally
India drops 7 spots in fixed broadband speeds in August globally
Source: IANS
20/09/2022 1:15:16 PM
South Korean carmakers' global market share falls to 7.7% South Korean carmakers' global market share slightly fell to 7.7 per cent in the first half from a year earlier amid the extended chip shortage, industry data showed on Sunday. From January to June, Korean carmakers sold a total of 2.1 million vehicles in the world's eight major markets, down 9.9 per cent from 2.33 million units during the same period of last year, the Korea Automobile Manufacturers Association (KAMA) said in a statement. Their market share declined from 7.9 per...
South Korean carmakers' global market share falls to 7.7%
South Korean carmakers' global market share falls to 7.7%
Source: IANS
19/09/2022 9:10:56 AM