Other Briefings
Food Prices Increase by 17.5 Percent
Dec. 4 – This year’s poor monsoon has bumped average food prices in India by 17.5 percent according to government reports. A week ago the increase was pegged at 15.6 percent. This will leave the Reserve Bank of India no choice but to restrict money policy to curb inflation while also inevitably increasing interest rates. […]
New Highway Construction Increases Eight Fold
Nov. 26 – The Indian government is planning to establish a national expressway authority to oversee the construction of expressways Kamal Nath, the minister for road transport and highways, said at the International Construction Equipment and Construction Technology Fair in Bangalore. Mr. Nath said the establishment of the authority would require approval of legislation by […]
All-Electric Indica Set for 2011 Global Launch
Nov. 25 – Tata Motors is pushing to launch the electric version of its highly popular Indica in 2011, aiming at exploiting the growing market for eco-friendly cars. Tata Motors Managing Director (India operation) Prakash Telang said Tata would launch the electric Indica simultaneously in India and worldwide. “We will begin a feasibility study by […]
India Open to FTA with United States
Nov. 25 – Prime Minister Manmohan Singh said that India is willing to consider a free trade pact with the United States similar to the one it already has with Association of Southeast Asian Nations (ASEAN). “I don’t mind exploring the possibility for a free trade agreement with the United States,” Mr. Singh said during […]
India, United States Sign Agreements on Investment, IPR
Nov. 24 – India has signed agreements on traditional knowledge, intellectual property and investment promotion with the United States during Prime Minister Manmohan Singh’s first official state visit to the country. One of the first agreements signed is a Traditional Knowledge Digital Library (TDKL) Access between the Council of Scientific & Industrial Research (CSIR) and […]
India to Push for Development of Solar Power Industry
Nov. 20 – India is taking a more aggressive stance in developing its solar-power industry by offering more subsidies for the production of renewable energy. The Ministry of New and Renewable Energy is scheduled to release a solar-power policy soon with details that will allow more solar projects to receive government funding. Ministry director, B. […]
India to Consider Importing Rice from Thailand,Vietnam
Nov. 19 – India is considering importing rice from Thailand and Vietnam to supplement the low kharif crop despite currently having surplus grains. This will be the first time in two decades that India will need to import rice to meet its own needs. The kharif rice crop is forecast to be low this year […]
Pranav Mistry Shows Off ‘SixthSense’ Technology
Nov. 18 – Pranav Mistry, India’s IT wunderkind, demonstrated his “SixthSense” technology at the TED India conference this year. In a presentation to a packed house (video after the break), Mistry showed off tools that allow the physical world to interact with the digital one, including a paper “laptop” and a virtual camera. It’s a […]
