-Reuters India’s efforts to clamp down on illegal mining have handed a $15 billion lifeline to global iron ore giants, and there could be more to come. Steps taken by central and state authorities to clean up the mining and export of iron ore have shut down output in two key producing states, slashing shipments and forcing steel mills to import a raw material the country has in abundance. Now the Shah Commission,...
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A BIT about Walmart-Prabhash Ranjan
-The Indian Express After the Centre had announced its intention to allow 51 per cent FDI in multibrand retail, Walmart said it would open stores in India in the next two years. However, without a bilateral investment treaty (BIT) between India and the US, Walmart’s investments in India are likely to be governed solely by domestic laws. If India and the US enter into a BIT, Walmart, reportedly being probed for...
More »Farm trade paints an optimistic picture of the economy-Ashok Gulati and Surbhi Jain
-The Economic Times It has never happened since Independence. May be not even in the last 1,000 years what happened during October 2011-September 2012. India exported 10 million tonnes of rice, valued at around $6 billion, becoming the largest exporter of rice, replacing Thailand and Vietnam, generally the two largest exporters of rice. This is now known to many in rice circles. But what is little known is that in 2011-12, India also emerged...
More »Not only Ireland, termination of pregnancy is tough elsewhere too -Atul Thakur
-The Times of India The death of Savita Halappanavar may have made Ireland the target of international criticism. A review of laws across the globe, however, indicates that the 'unusually restrictive' abortion law is not unique to the Catholic country. When it comes to termination of pregnancy, the world doesn't seem to be fair. More than half of the countries for which information was available don't allow abortion even in the case...
More »Mangroves under threat from shrimp farms, UN study says
-Reuters OSLO: Valuable mangrove forests that protect coastlines, sustain sealife and help slow climate change are being wrecked by the spread of shrimp and fish farms, a UN-backed study showed on Wednesday. About a fifth of mangroves worldwide have been lost since 1980, mostly because of clearance to make way for the farms which often get choked with waste, antibiotics and fertilizers, according to the study. Intact mangroves were almost always more valuable...
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