The running theme of the 21st century is that of economic partnerships, from the European Union to ASEAN, with the aim of fostering and maintaining economic prosperity and social progress.
And arch rivals India and Pakistan might also discover the economic and political dividend of cooperation if they are sincere in liberalising bilateral trade.
NEW DELHI (Reuters) – India and Pakistan agreed on Wednesday to further liberalise trade flows with tentative moves such as opening a second customs post and issuing more visas, seen as bolstering a fragile peace process between the two nuclear-armed rivals.
The meeting between the neighbouring countries’ trade ministers was part of this year’s resumption of formal peace talks, which were broken off after militant attacks in 2008 that killed 166 people in India’s financial capital Mumbai.
Coal accounts for 60 percent of India’s energy use, runs most power stations and factories and enabled state-run company Coal India to have a blockbuster IPO last year raising a record $3.5 billion.
But despite having the world’s fourth largest coal reserves, India remains a major importer and the coal industry is pointing fingers at the environment ministry for part of the failure to properly develop coal fields.
NEW DELHI, Sept 27 (Reuters) – India could import about 114
million tonnes of coal in 2011/12, up by over a third from the
previous year, mainly from Indonesia and South Africa to help
prevent power stations and factories in Asia’s third-largest
economy from slowing down.
Coal Minister Sriprakash Jaiswal said on Tuesday India’s
coal demand was seen at 696 million tonnes in 2011/12 against an
expected local output of 554 million tonnes. State-run Coal
India , the world’s largest coal miner, has stocks of
about 28 million tonnes, reducing the overall shortfall.
They rode a popular wave of discontent over spiralling corruption to force the government to bend to their demands and led an otherwise fractious parliament to arrive at a consensus on an anti-graft bill, in the process becoming media celebrities — their figurehead even hailed a national hero.
But now, activists led by Anna Hazare, whose campaign against corruption captured the imagination of millions across the country and prompted round-the-clock media coverage, say they are being targeted by official machinery for ruffling important feathers.
Leaders from India’s influential corporate industry on Friday expressed solidarity with Anna Hazare in his campaign for a tough anti-corruption ‘Lokpal’ bill, joining ranks with thousands across the country galvanised by the activist and his Gandhian method of non-violent agitation.
Word about Hazare, who is on a fast until death, has spread through television, SMSes and social media sites such as Facebook and Twitter, drawing thousands of protesters on to the streets across various cities at a time when stories of mass corruption are dominating the media.
NEW DELHI (Reuters) – Social activist Anna Hazare on Tuesday began a “fast unto death” demanding the government enact a tough anti-corruption law that would lead to prosecution of officials and lawmakers.
In the capital, flag-waving protesters converged near the historic Jantar Mantar monument to join 72-year-old Hazare and other leading activists like Swami Agnivesh, Kiran Bedi and Arvind Kejriwal in demanding greater probity in public life.
LIBBAR HARI, India (Reuters Life!) – Bhola Nath doesn’t care much for India’s growth story.
Not when the 65-year-old migrant brick kiln worker has stopped buying onions and garlic, key food staples for Indian families, and manages to save just 1,000 rupees ($22) per month to send his family of five back home due to the ever-increasing prices of food and other basic commodities.
Oscar winning Indian composer A.R. Rahman on Saturday launched the theme song for Commonwealth Games 2010, which will be held in Delhi October 3-14.
Click here for full coverage of the Games.
Rahman, who performed the song titled “Jiyo, Utho, Bado, Jeeto” to a cheering crowd, said he hoped “people like it and it becomes the spirit of whole Commonwealth Games.”
An entire state held to ransom for the past three months. And a central government that seems helpless to stop it.
Naga groups on Tuesday said they were extending for another 25 days their blockade of the two highways linking landlocked Manipur to the rest of the country.