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Rudd Opposition may hold key to success of US-India nuclear agreement

Posted by gmarkets on 12 October, 2007

Nothing was more important in India at the moment than its nuclear co-operation deal with the United States, wrote Greg Sheridan in The Australian (29/9/2007, p. 27).

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Posted in Australia, Green Markets 1003, India, Nuclear, US | Leave a Comment »

India’s “deviant research” roadshow: helping amateur inventors improve lives; Honey Bee Network now repository for more than 10,000 inventions

Posted by gmarkets on 4 October, 2007

Examples of “deviant research”, so called because they were developed by amateurs trying to solve problems that dogged their daily lives, rather than to make money, were outlined in New Scientist (22/9/2007, p.56). Read the rest of this entry »

Posted in Emissions, Energy, Global, Green Markets 1001, India, Innovation, Transport | 1 Comment »

Australia-India Uranium sale deal to be covered by bilateral safeguards agreement: would ensure any Australian uranium sold to India would be used for exclusively peaceful purposes, says Fed Government

Posted by gmarkets on 3 October, 2007

Senator Helen Coonan, Senator for NSW, Minister for Communications, Information Technology and the Arts and Deputy Leader of the Government in the Senate, on behalf of the Minister for Foreign Affairs in reply to the questions asked by Lyn Allison, Senator for Victoria, Leader of the Australian Democrats, Commonwealth Senate, upon notice on 8 August 2007, regarding the potential Australia-India uranium sale deal that would see the export of uranium from Australia to India in contravention to the Nuclear Non-proliferation Treaty obligations, said the supply of uranium to India did not contravene Australia’s international legal obligations under the Nuclear Non- Proliferation Treaty (NPT) provided the uranium was covered by International Atomic Energy Agency (IAEA) safeguards and conclusion of a bilateral safeguards agreement with India was conditional on a number of other steps, including India concluding a suitable safeguards agreement with the IAEA covering all designated civil nuclear facilities.

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Posted in Australia, Green Markets 1001, India, Nuclear | Leave a Comment »

CDM Executive Board questions or refuses three India CDM projects: Sterlite Industries, Lafarge India and Uruba Renewable Irrigation Project

Posted by gmarkets on 2 October, 2007

The Executive Board of the Clean Development Mechanism rejected five India projects at its Thirty-first Meeting on 21-23 March 2007.

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Posted in CDM, Green Markets 1001, India | Leave a Comment »

Launch of the new cardamom e-auction in India comes after the successful transition of other commodities

Posted by gmarkets on 19 September, 2007

Cardamom, the queen of spices, entered the digital age last week with the launch of an electronic auction intended to create transparency in its trading. The spice, the world’s most expensive after vanilla and saffron, has been traded in the traditional outcry system of bids, which is more susceptible to collusion between traders and auctioneers. The Spices Board of India hopes the e-auction will give small traders a better deal by preventing cartels forming between their bigger rivals, reported The Australian 1/9/07, pg.36 New system to promote competition The new system has been developed by Tata Consultancy Services (TCS), India’s largest software services provider, to keep the identity of bidders secret, thus discouraging speculation and promoting competition. It is also designed to ensure error-free documentation, eliminating hidden costs and speeding up invoicing. The first e-auction will be in Bodinayakanur, in the southern state of Tamil Nadu, before spreading to four other auction centres in Vandanmedu, Kumli, Thekkady and Pulianmala in the neighbouring state of Kerala.
Cardamom prices affected by drought Cardamom is an aromatic and versatile spice used in both sweet and savoury dishes. The oil from its seeds is used in processed foods, tonics, liquors and perfumes. It is also considered to have healing properties and is widely used in Ayurvedic medicine. Until Guatemala recently accelerated its cultivation, India was the world’s largest cardamom producer. However, Indian growers have suffered five years of drought and the country’s annual production fell last year to 11,535 tonnes and the average price per kg to 350 rupees ($10.40). In the year to March, India exported 1500tn of cardamom, valued at 169.5m rupees. The main buyer of the spice is Saudi Arabia, where it is used as an additive to coffee.

Electronic transition successful with other commodities The launch of the cardamom e-auction – albeit a month late – comes after the successful transition of other commodities, in particular pepper. However, a similar switch for tea has not run so smoothly since its launch in Coonoor in 2003. Last October, the Tea Board of India dropped IBM’s software after technical glitches. A new system, developed by a subsidiary of the National Stock Exchange, should be in place by November.

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