Chief Correspondent, Commodities, India
Krishna's Feed
May 19, 2015

Scientists to submit GM mustard report to government

NEW DELHI (Reuters) – Indian scientists have completed final trials of a genetically modified (GM) variety of mustard and will submit a report to the government in a month, hoping to win over stiff opposition to make it the country’s first commercial transgenic food crop.

A powerful farmers group close to Prime Minister Narendra Modi’s Bharatiya Janata Party (BJP) is one of the biggest critics of GM crops and wants the government to stop all field trials saying they “will destroy the entire agrarian economy”.

May 19, 2015

Indian scientists to submit GM mustard report to govt

NEW DELHI, May 19 (Reuters) – Indian scientists have
completed final trials of a genetically modified (GM) variety of
mustard and will submit a report to the government in a month,
hoping to win over stiff opposition to make it the country’s
first commercial transgenic food crop.

A powerful farmers group close to Prime Minister Narendra
Modi’s Bharatiya Janata Party (BJP) is one of the biggest
critics of GM crops and wants the government to stop all field
trials saying they “will destroy the entire agrarian economy”.

May 12, 2015

India eyes $1.1 bln solar loan from German bank KFW

NEW DELHI, May 12 (Reuters) – German development bank KFW
could lend India $1.1 billion for rooftop solar projects, on top
of another loan it has extended to help the Asian country fund
its ambitious green energy plans, India’s top renewable energy
bureaucrat told Reuters.

Prime Minister Narendra Modi wants to quintuple India’s
renewable energy capacity to 175 gigawatts by 2022, making clean
energy part of his fight against climate change without
necessarily committing to a timeline for emission cuts.

May 5, 2015

Urbanising India best bet for Chinese steel

NEW DELHI, May 5 (Reuters) – India will be the lone bright spot
for Chinese steelmen trying to cut bloated inventories as Asia’s
third-largest economy embarks on a once-in-a-generation
urbanisation drive under Prime Minister Narendra Modi.

Urban dwellers will double to more than 800 million by 2050,
a scale of mass urbanisation only seen before in China. Ahead of
Modi’s election last May, he vowed to construct 100 so-called
“smart” cities by 2022, an infrastructure project some estimate
would cost $1 trillion. As India build new roads, office blocks
and cities, its steel consumption growth will put the country at
the top of the list of the world’s 10 biggest steel users this
year and the next, according to the World Steel Association.
Demand from China and the United States, the two largest
consumers, is forecast to either fall or stay flat.

May 4, 2015

Climate change sparks tension in India’s tea gardens

JORHAT, India, May 5 (Reuters) – Usha Ghatowar smiles wryly
when asked about the pay she earns picking leaves at a
colonial-era tea garden in India’s Assam.

“Do you think 3,000 rupees ($48) are enough when your
monthly expenses can be double that?” she mumbles, as she puts
on her “jaapi” hat of woven bamboo and palm leaves and takes a
sip of tea from a steel mug.

Apr 30, 2015

India to cut export tax on low-grade iron ore in boost for Goa

NEW DELHI, April 30 (Reuters) – India will cut an export tax
on low-grade iron ore to 10 percent from 30 percent, Finance
Minister Arun Jaitley said on Thursday, in a big boost for top
exporting state Goa which is close to restarting its mining
industry.

Court action against illegal mining has shut the industry in
Goa for more than two years, although companies including top
miner Vedanta Ltd are starting to get approval to
resume work in about a month.

Apr 28, 2015

Nepalis rue slow government response, some blame politics

KATHMANDU/NEW DELHI (Reuters) – Nepal’s government has drawn early criticism from opposition politicians and some residents for what they say has been a sluggish response to the humanitarian crisis triggered by Saturday’s massive earthquake.

As the body count from the 7.9 magnitude quake in Nepal rose to more than 4,300 on Tuesday, aid had begun to arrive in the country, but disbursement in many areas was slow.

Apr 16, 2015

Modi’s coal turnaround to ease chronic power cuts

NEW DELHI (Reuters) – Fewer power cuts are likely in India this summer after a surge in output at Coal India (COAL.NS: Quote, Profile, Research) helped generators amass record stocks, a turnaround for Narendra Modi who had to battle a power crisis within months of becoming prime minister last May.

Fast-track mine approvals, tighter production oversight and more flexibility in coal sales have helped power station stocks recover from a six-year low hit in October, vindicating Modi’s pitch to voters as the state leader who brought round-the-clock power to industrial Gujarat.

Apr 15, 2015

Modi’s coal turnaround to ease India’s chronic power cuts

NEW DELHI (Reuters) – Fewer power cuts are likely in India this summer after a surge in output at Coal India helped generators amass record stocks, a turnaround for Narendra Modi who had to battle a power crisis within months of becoming prime minister last May.

Fast-track mine approvals, tighter production oversight and more flexibility in coal sales have helped power station stocks recover from a six-year low hit in October, vindicating Modi’s pitch to voters as the state leader who brought round-the-clock power to industrial Gujarat.

Apr 9, 2015

India’s rich temples may open gold vaults for PM Modi

MUMBAI/NEW DELHI (Reuters) – The two-century-old Shree Siddhivinayak temple in Mumbai devoted to the Hindu elephant-headed god Ganesha bristles with close circuit cameras and is guarded by 65 security officers.

It is one of India’s richest temples, having amassed 158 kg of gold offerings, worth some $67 million, and its heavily guarded vaults are strictly off limits.

    • About Krishna

      "I lead the India commodities team for Reuters in New Delhi. I cover the coal, metals and mining industries with a focus on government policy. Before coming to the capital in April 2013, I headed two teams of reporters covering small-and-medium-sized U.S./Canada-listed energy and resources companies."
      Joined Reuters:
      August, 2009
      Languages:
      Assamese
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