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Tag Archives: India

BUSINESS: Low prices ahead for coffee

Rising global exports and inventory levels weaken prices: ICO The International Coffee Organisation’s (ICO) has predicted low prices into the near future for both the global Robusta and Arabica crop. In its latest April report, the ICO notes that growers such as Uganda, Indonesia, Honduras, India and Peru, who  contribute …

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Oil workers seized by South Sudan rebels freed

Khartoum, Sudan | AFP | Three foreign petroleum engineers abducted by South Sudanese rebels have been released after negotiations brokered by Sudan and Ethiopia, a Sudanese security agency said on Thursday. Indians Midhun Ganesh and Edward Ambrose and Pakistani Ayaz Hussein Jamali, who worked for DAR Petroleum, had been seized …

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India’s parliament passes key tax reform bills

New Delhi, India | AFP | India’s lower house of parliament on Wednesday passed four supporting bills that will pave the way for a landmark tax reform and transform the world’s fastest growing economy into a common market. The government aims to launch the goods and services tax (GST) law by …

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Volkswagen looks to team up with Tata in India

Frankfurt am Main, Germany | AFP |  German carmaker Volkswagen and India’s Tata Motors plan a future “strategic partnership” in the subcontinent to jointly develop parts and vehicles, the two firms said in a joint statement Friday. Europe’s and India’s largest auto manufacturers signed a memorandum of understanding (MoU) “to …

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India gives Uganda medical, IT support

India’s Vice-President Mohammed Hamid Ansari has announced his country’s offer of $3 million to boost the health sector. India has also agreed to share its experience and expertise in the IT sector. According to a statement at the end of Ansari’s 3-day visit, India has offered Uganda medicines worth $2 million and …

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India Vice President Ansari to visit Uganda, Rwanda

  India’s Vice President Shri Mohammad Hamid Ansari will be in Uganda for a three-day official visit, part of an effort to boost ties on the continent. “The forthcoming visit of the Vice-President is part of the conscious broadening of India’s diplomatic footprint in Sub-Saharan Africa, especially in the Great Lakes …

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India puts record 104 satellites into orbit

Sriharikota, India | AFP | India successfully put a record 104 satellites from a single rocket into orbit on Wednesday in the latest triumph for its famously frugal space agency. Scientists who were at the launch in the southern spaceport of Sriharikota burst into applause as the head of India’s …

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Indi-Rwanda partnership

Rwandair, Agriculture, Energy, Defense to benefit Rwanda President Paul Kagame while on a visit to India invited Prime Minister Narendra Modi on Jan.10 to work out collaboration on exploring the methane reserves in his country. India which is in the midst of an energy quest, according to news reports there, …

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