India needs another Green Revolution, says PMAugust 15th, 2009 NEW DELHI - India needs another Green Revolution to dramatically boost its agricultural production, Prime Minister Manmohan Singh declared Saturday. Speaking from the Red Fort on the country's independence day, the prime minister said the time had come for farmers and scientists to go for more modern methods of farming.
UK retailer Tesco heeds consumer demand, to sell extra large condomsAugust 11th, 2009 LONDON - British retail giant Tesco will start selling Durex Extra Large condoms from Wednesday to meet what it called "overwhelming consumer demand". A Telegraph report quoted Nicola Evans, healthcare buyer for Tesco, as saying: "These new condoms are designed to allow larger men more comfort than ever before."
The new condoms, which are 10mm longer than the average 205mm version and 1mm wider, the newspaper said.
No going back on cooperative farming, says YSRAugust 3rd, 2009 HYDERABAD - Andhra Pradesh Chief Minister Y.S. Rajasekhara Reddy Monday said he would not go back on his plans to introduce cooperative farming in the state.
Green activists held before staging rally on food crisisJuly 27th, 2009 NEW DELHI - Activists of Greenpeace India, the environmental NGO, were all geared up to stage a rally in front of parliament Monday morning and demand an alternative subsidy system that promotes ecological farming. However, before they could even start out, they were detained by the police.
Spices Board may consider contract farming in South AfricaJuly 26th, 2009 JOHANNESBURG - The Spices Board of India may consider the possibility of pushing cultivation of Indian spices in South Africa through contract farming amid growing requests for seed exports by locals. The board, which exhibited Indian spices at the July 19-21 South African International Trade Exhibition (SAITEX), says it has found buyers but not enough distributors.
Industry calls for more customs duty on steelJune 28th, 2009 NEW DELHI - A leading industry body has called for increasing customs duty on steel from 5 percent to 10 percent as consumption of local steel by domestic users was falling. According to the Federation of Indian Chamber of Commerce and Industry (Ficci), imported steel accounted for over 11 percent share of consumption, as compared to 6 percent a few years ago.
Tesco reports solid quarterly sales, spurred by international businessesJune 16th, 2009 Tesco reports solid quarterly salesLONDON — Tesco PLC, the world's third largest retailer, reported solid growth in quarterly sales on Tuesday with its international businesses making a strong contribution to the increase. Tesco, which ranks behind U.S.
Midday meal scheme should include processed food: SahayJune 9th, 2009 NEW DELHI - The midday meal scheme for primary students of government schools may soon include a processed food item if a proposal for this is approved, Minister for Food Processing Industries Subodh Kant Sahay said Tuesday. "If the promise of quality and nutrition is to be kept, then a packaged food item must be bundled with the midday meal, Sahay told reporters on the sidelines of a conference at the PHD Chamber of Commerce and industry here Tuesday.
Dubai's Damas gets India's nod for jewellery retailJune 9th, 2009 New Delhi, June 9 IANS) Dubai-based jewellery and watch trading company Damas has secured approval for a single brand retail joint venture in India with an investment of Rs.1.8 billion ($36 million), an official statement said Tuesday. The group's proposal, among the 22 others approved by the Foreign Investment Promotion Board with an investment of Rs.5.6 billion (around $110 million), calls for a joint venture in India with 51 percent equity.
Industry inputs sought to boost food processing sectorJune 5th, 2009 NEW DELHI - The government has sought the food processing industry's support to set a 100-day target for the sector. "We are in the preparatory process of setting a 100-day target for the food processing sector and are seeking inputs from the industry," Food Processing Industries Minister Subodh Kant Sahai said here Friday after chairing a meeting of industry representatives.
Now, Google the world's first 100 billion dollar brandApril 30th, 2009 LONDON - Internet search engine Google has become the world's first 100 billion dollar brand. It is worth almost 25 per cent more than rival computing corporation Microsoft, according to the annual BrandZ Top 100 Most Valuable Brands report.
Take technology to farmers, government tells corporatesFebruary 21st, 2009 NEW DELHI - With food security remaining a prime concern, the government Friday said it was looking at more cooperation and involvement of the corporate sector and non-governmental organisations (NGOs) to take technology to farmers. 'We are looking at networking with private organisations and NGOs who can help take innovative technologies concerning agriculture to farmers and ensure there is maximum yield from the resources available to us,' T.
Kamal Nath defends new foreign investment normsFebruary 12th, 2009 NEW DELHI - The new foreign investment norms will not extend backdoor entry for foreign retailers, Commerce and Industry Minister Kamal Nath said Friday, defending the clause that does not count minority overseas stake in a holding company as foreign equity. The minister said there was no change in India's retail trade policy that permitted foreign equity only for single-brand companies and cash and carry wholesale businesses.
'India, China should enhance cooperation in plastic industry'February 2nd, 2009 NEW DELHI - India and China should share their experiences to develop a sustainable growth strategy for the plastic industry, Minister of State for Chemicals, Fertilisers and Mines B.K. Handique said here Tuesday.
Bharti-Del Monte becomes largest fresh baby corn exporterJanuary 11th, 2009 LUDHIANA - A joint venture between telecom major Bharti and Del Monte India Monday said it had emerged as the largest fresh baby corn exporter in the country. To mark the occasion, a consignment of fresh baby corns was flagged off at Ladhowal village near here Monday by Punjab's Chief Secretary Ramesh Inder Singh and Bharti Enterprises vice chairman and managing director Rakesh Bharti Mittal.
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