India’s business with Sweden is booming

October 13th, 2009 Macau eyes curbs on its booming gambling industryHONG KONG — Macau may curb the growth of its booming casino industry with limits on the number of gambling tables and other restrictions, the government said. The southern Chinese city's government met Monday with executives of six casino operators, including the local units of Las Vegas Sands and Wynn Resorts, to discuss a review of the industry, according to a government statement.

October 6th, 2009 NEW DELHI - There has been an 80 percent increase in India's scientific research output since 2000, a news study revealed Tuesday, forecasting that the country will overtake all other countries between 2015 to 2020. The study carried out by British firm Thomson Reuters that owns the news agency Reuters was released in Delhi Tuesday.

September 26th, 2009 KOLKATA - Recession has hit hard the export of Durga Puja idols. Potters are getting fewer orders from Bengalis abroad for Durga images that normally do booming business this time of the year.

September 22nd, 2009 NEW DELHI - A group of Palestinian refugees staged a sit-in protest on Tuesday in front of the United Nations Commission on Human Rights (UNHCR) office in New Delhi. The refugees, driven away from Iraq, accused the UNHRC of ignoring them and appealed that they should be soon issued visas to the European countries.

September 18th, 2009 BRASILIA - Sweden is ready to sell fighter jets to Brazil for half the price of French- or US-made aircraft and will give the South American country the capability to upgrade the planes as needed, Stockholm's deputy defence minister has said here. Sweden's Saab is competing with Dassault and Boeing to sell 36 planes to the Brazilian air force.

September 8th, 2009 US comes in 2nd in competitiveness pollGENEVA — The United States has lost its place as the world's most competitive economy, mainly because of the financial crisis and accumulated fiscal deficits, according to a survey released Tuesday. The U.S. is second ranked in a poll of over 13,000 business leaders conducted by the Geneva-based World Economic Forum, behind Switzerland.

September 8th, 2009 GENEVA - Switzerland Tuesday replaced the US in the top place in the World Economic Forum (WEF) ranking of most competitive countries for doing business. "The United States falls one place to second position, with weakening in its financial markets and macroeconomic stability," the Geneva-based foundation said.

September 2nd, 2009 NEW DELHI - India's per capita green house gas (GHG) emission, the main cause of global warming, continues to be less than the global average and even in 2031 it will be below the world average of 2005, the environment and forest ministry asserted Wednesday. As per the estimates of the five different studies, Indias per capita GHG emissions in 2030-31 would be between 2.77 tonnes and five tonnes of carbon dioxide equivalent (CO2e).

July 21st, 2009 NEW DELHI - Despite achieving a healthy 16 percent annual growth rate, India's general insurance business accounts for just 0.6 percent of the gross domestic product (GDP), compared to the world average of 2.14 percent, says a report released here Tuesday. "The penetration of general insurance in India remains low on account of low consumer preference, largely untapped rural markets and constrained distribution channels," said the report jointly prepared by Crisil and the Associated Chambers of Commerce and Industry of India (Assocham).

July 5th, 2009 NEW DELHI - Sweden, a member of the 45-nation Nuclear Suppliers Group, is offering New Delhi its niche expertise in nuclear waste management and security as it eyes India's $40 billion civilian nuclear energy market. "Sweden has considerable expertise in nuclear waste management and areas relating to nuclear security.

June 30th, 2009 NEW DELHI - The World Bank representatives on Tuesday observed that it is easier to do business in India at present, than it was three years ago. The observation was made in a report 'Doing A Business in India 2009' that was released here in New Delhi.

June 26th, 2009 Protesters break into Iranian embassy in SwedenSTOCKHOLM — Angry demonstrators broke into the Iranian Embassy outside Stockholm on Friday, climbing in through shattered windows and injuring one embassy worker, police said. More than 150 people had gathered outside the embassy to protest against the Iranian regime, when some of them attacked the building with rocks and tore down a fence to enter the embassy grounds, police spokesman Ulf Hoglund said.

June 5th, 2009 Garmin recalls card with incorrect marine depthsOLATHE, Kan. — Navigational device maker Garmin Ltd.

May 27th, 2009 NEW DELHI - When Indias first manned mission to space takes off, possibly in 2017, it will have Indian Air Force (IAF) personnel on board. Let me promise you one thing, if there is a (Indian) man on moon (read space), it will be from the Indian Air Force, IAF chief Air Chief Marshal Fali Homi Major told reporters here.

February 5th, 2009 CHENNAI - The Hyderabad-based Dawn Services, the first third party administrator (TPA) to be licensed by the Indian insurance watchdog, has decided to exit the business. According to Insurance Regulatory Development Authority (IRDA), the TPA licence to Dawn Services has not been renewed upon request.