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india Archive

  • Indian Opposition Party led a strike against high fuel prices

    Indian Opposition Party led a strike against high fuel prices

    India’s Hindu nationalist opposition party Bharatiya Janata called on a nationwide strike on Monday July 5 to protest the government decision last month to raise fuel prices. Across India, businesses in financial capital Mumbai were largely shut, colleges and schools were closed; plane flights, local trains, and bus services were cancelled. Opposition-ruled states were completely [...]

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  • India, China sign on to Copenhagen accord

    India, China sign on to Copenhagen accord

    India and China have signed on to the Copenhagen climate change agreement reached in December 2009, which calls for setting voluntary limits on emissions of greenhouse gases. More than 100 countries have now agreed to the Copenhagen accord, including all major economies except for Russia. The accord states the countries’ “aim” to keep [...]

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  • India predicts 8.8% growth

    India predicts 8.8% growth

    India’s annual Economic Survey forecast predicted that the country would grow as much as 8.75% in the coming fiscal year. The country’s Finance Minister Pranab Mukherjee said that India had moved past the "despondency and gloom" of 2009, and ends the fiscal year "with confidence". The country’s economy is expected to continue on its "high growth [...]

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  • State-run Indian company plans to take 4% stake in Myanmar-China pipeline

    State-run Indian company plans to take 4% stake in Myanmar-China pipeline

    State-run Indian company Gail intends to acquire a 4% stake in the USD $2.01 billion Myanmar-China gas pipeline. The investment of Gail and OVL a subsidiary of the Oil and Natural Gas Corporation Limited would amount to approximately USD $250 million in the project. Gail’s investment comes after reports that its net profits have undergone a three-fold [...]

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  • India: India, US sign clean tech deal

    India: India, US sign clean tech deal

    The US and India have signed a deal in Washington, DC aimed at promoting the development of green technology. The deal comes in the runup to the UN conference on climate change scheduled for Copenhagen for December 7-18. The details of the entire proposal have yet to be released. Clinton said only that India and the [...]

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  • Indian PM pitches for growing US ties

    Indian PM pitches for growing US ties

    WASHINGTON: Indian Prime Minister Manmohan Singh on Monday appealed for wide-ranging cooperation with the United States on areas such as climate change and defence, as he started a high-profile state visit. President Barack Obama invited Singh on the first full-fledged state visit since he entered the White House in January, a sign of the rapidly warming [...]

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