Rising global exports and inventory levels weaken prices: ICO The International Coffee Organisation’s (ICO) has predicted low prices into the near future for both the global Robusta and Arabica crop. In its latest April report, the ICO notes that growers such as Uganda, Indonesia, Honduras, India and Peru, who contribute …
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Khartoum, Sudan | AFP | Three foreign petroleum engineers abducted by South Sudanese rebels have been released after negotiations brokered by Sudan and Ethiopia, a Sudanese security agency said on Thursday. Indians Midhun Ganesh and Edward Ambrose and Pakistani Ayaz Hussein Jamali, who worked for DAR Petroleum, had been seized …
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New Delhi, India | AFP | India’s lower house of parliament on Wednesday passed four supporting bills that will pave the way for a landmark tax reform and transform the world’s fastest growing economy into a common market. The government aims to launch the goods and services tax (GST) law by …
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Frankfurt am Main, Germany | AFP | German carmaker Volkswagen and India’s Tata Motors plan a future “strategic partnership” in the subcontinent to jointly develop parts and vehicles, the two firms said in a joint statement Friday. Europe’s and India’s largest auto manufacturers signed a memorandum of understanding (MoU) “to …
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India’s Vice-President Mohammed Hamid Ansari has announced his country’s offer of $3 million to boost the health sector. India has also agreed to share its experience and expertise in the IT sector. According to a statement at the end of Ansari’s 3-day visit, India has offered Uganda medicines worth $2 million and …
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India’s Vice President Shri Mohammad Hamid Ansari will be in Uganda for a three-day official visit, part of an effort to boost ties on the continent. “The forthcoming visit of the Vice-President is part of the conscious broadening of India’s diplomatic footprint in Sub-Saharan Africa, especially in the Great Lakes …
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Sriharikota, India | AFP | India successfully put a record 104 satellites from a single rocket into orbit on Wednesday in the latest triumph for its famously frugal space agency. Scientists who were at the launch in the southern spaceport of Sriharikota burst into applause as the head of India’s …
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New Delhi, India | AFP | India’s Hindustan Motors has sold its Ambassador car to France’s Peugeot for just $12 million, capping a spectacular downfall for a vehicle once emblematic of the country’s political class. The CK Birla group, the owners of Hindustan Motors, have sold the car brand for …
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Rwandair, Agriculture, Energy, Defense to benefit Rwanda President Paul Kagame while on a visit to India invited Prime Minister Narendra Modi on Jan.10 to work out collaboration on exploring the methane reserves in his country. India which is in the midst of an energy quest, according to news reports there, …
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New Delhi, India | AFP | India has the world’s fastest growing passenger airline industry, expanding at an annual rate of around 20 percent. Here are some facts and figures: – How many Indians fly – Nearly 90 million people in the financial year that ended in March 31 2016, …
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