Urges govts to shore up programs to protect their most vulnerable populations

World food prices jumped 10 percent in July as drought parched crop lands in the United States and Eastern Europe, the World Bank said in a statement urging governments to shore up programs that protect their most vulnerable populations. From June to July, corn and wheat prices rose by 25 percent each, soybean prices by 17 percent, and only rice prices went down, by 4 percent, the World Bank said on Thursday.

Madhya Pradesh is all set to export close to 2 lakh MT tonne of wheat to Iran.

The Supreme Court on Thursday pulled up the Karnataka government for its failure to check large-scale illegal export of iron ore from Belekeri port in Karwar district.

A three-judge Bench headed by Justice Aftab Alam also indicated that it may direct CBI probe into the illegal export of 35 lakh metric tonnes of iron ore and eight lakh metric tonnes of seized mineral from the port. The Bench directed the Central Empowered Committee (CEC) to devise ways to “segregate” the case relating to illegal export in a manner which could speed up the investigation leading to early “conviction” of those guilty within six months.

Seeking a probe into illegalities in mining and export, the Supreme Court Thursday censured the Karnataka government for failure to check illegal export of iron ore from Belekeri port.

China’s solar panel manufacturers, who dominate global sales with a two-thirds market share, are confronting growing trade and financial problems, a Chinese industry official acknowledged Tuesday,

Even as initial data for the first quarter of this fiscal shows a pick-up of sorts in exports from India’s SEZs (special economic zones), coming in the wake of lacklustre performances in the previo

TAMLUK: The economy of East Midnapore district could be in trouble, since it is heavily dependent upon the cultivation of Bagda prawns, a product for which there is dwindling demand.

Over a third of operating mines in Goa are set to be closed due to a recent decision by the state government to levy a 15 per cent upfront stamp duty on the royalty paid by them.

There are only 97 mines currently in operation out of 337 registered with the state government. Hence, around 70 per cent of registered mines are closed due to restrictions imposed by the state government following investigations by the M B Shah Commission inquiring into the legality of mines with required necessary permissions.

New Delhi American firms woo Indian buyers with long-term contracts, discounts

The US is emerging as a new source of coal supply for India as traditional exporters like Indonesia and Australia jack up their coal prices. American firms are trying to woo Indian buyers with offers of long-term contracts and discounts on international prices. In what marks a new trend in international coal trade, US-based FJS Energy has signed a $7 billion deal to supply 9 million tonnes a year coal to India’s Abhijeet Group for 25 years.

Plagued with rampant illegal mining, the Goa government has decided to implement an information technology-based system to prevent its valuable resource being exported illegally and evading royalty.

The draft mining policy, tabled on the floor of the House during the recently concluded state Assembly session, has assured a 'Mines Management System' in place, which has been made to arrest the illegal iron ore exports.