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Agriculture/Energy

Agriculture and agro industries remain crucial to India's growing economy. Agriculture and allied sectors contribute nearly 22 per cent of GDP, while about 65-70 per cent of the population is dependent on agriculture for their livelihood.
Thirty years ago, India saw a landmark "green revolution" that led to the introduction of new technologies and the high-yield variety of seeds, resulting in higher productivity and a dramatic improvement in the living standards of a large number of farmers.

India to run on Euro III fuel from October

Rajeev Jayaswal, Economic Times

NEW DELHI: India will switch over to Euro-III petrol and diesel on October 1, with the petroleum ministry issuing a fresh deadline for oil companies to sell cleaner fuels.

Emerging glut in LNG market an opportunity for India

Noor Mohammad

New Delhi, April 5 (IANS) Global LNG supply is projected to be far in excess of demand in this decade and India should take advantage of this situation to tie up bulk supplies of imported natural gas under long-term contracts. Being a big consumer, India can easily bargain a competitive price. But the moot question is, is India prepared to capitalise on the emerging glut in the world LNG market?

Business not politics dictates IPI gas project

New York, April 2 (IANS) India's Petroleum Ministry has said that a decision on joining the Iran-Pakistan-India gas pipeline should not be governed by politics, although talks have hit roadblocks on issues ranging from pricing of gas to security of the pipeline.

Krishna Godavari basin gas to flow from 2012

Special Correspondent, The Hindu

Chennai, Mar 21 (IANS) Indian Petroleum Secretary S Sundareshan on Saturday said that south India will start getting natural gas from the Krishna-Godavari basin from 2012.

Cairn India discovers more oil in Western India

Economic Times

NEW DELHI: Highly placed sources in the Petroleum Ministry have said that Cairn India has discovered new oil reserves in Rajasthan, a desert province in West India. The company is likely to make an announcement shortly. New oil reserve will increase India's domestic oil production by about 23% in financial year 2011. This essentially means that these reserves are very big.

Black British PM is possible, says book

By Dipankar De Sarkar

London, March 18 (IANS) A "deepening tide of tolerance" over half a century has created the grounds for Britain to elect its first black prime minister, according to a new book tracking public attitudes in Britain and the US.

Bangladesh agrees to tri-nation gas pipeline

Utpal Bhaskar, Mint

New Delhi, Feb 28 (IANS) Bangladesh has lifted its opposition to a gas pipeline linking India and Myanmar and running through its territory, paving the way for the establishment of a regional gas grid that will feed India�s growing energy hunger.

African nations offer great opportunities to us: Indian Oil minister

Rajeev Jayaswal, Economic Times

New Delhi, Feb 8 (IANS) Oil-rich Africa has been attracting the attention major global economies in the last couple of decades. India has been criticised for ignoring the mineral-rich continent for long. Now, with China having made great strides in Africa by developing close diplomatic and economic ties with some key nations, India is also making an effort to get its African safari going. For India, which is dependent on West Asian nations for its energy needs, Africa�s estimated 16 billion metric tonne proven oil reserves and about 500 trillion cubic feet gas reserves present a great opportunity. Oil minister Murli Deora, who is at the vanguard of India�s diplomatic efforts in Africa, talks to ET�s Rajeev Jayaswal on his five-day visit to the continent. Excerpts:

Uganda seeks Indian help in developing hydrocarbon sector

New Delhi, Jan 28 (IANS) Uganda has sought Indian assistance in developing its oil and gas sector.

India asks Sudan for more exploration acreage

New Delhi, Jan 25 (IANS) India has asked Sudan to increase the acreage of petroleum exploration and offered help in building up the downstream sector of the North African sector.