Even as the US-imposed sanctions on Iran has put India’s energy security in jeopardy, United Arab Emirates Ambassador to India Ahmed Albanna has allayed fears of an oil shortage, saying his country as well as Saudi Arabia can fill in if supply from Iran is disrupted.
India has pushed Bangladesh for keeping its land ports open to facilitate easy entry of products from the north-eastern states. The aim is to boost exports from a region that is in need of more connectivity and development.
Moody's Investors Service report on Wednesday has cut India's GDP growth forecast to 7.3 per cent in 2018, from previous forecast of 7.5 per cent due to higher oil prices and tighter financial conditions.
India and The Netherlands agreed to boost their bilateral trade and investment and strengthen cooperation across a variety of critical sectors, from agriculture and food processing to water management and science and technology.
India is in a “good position” to deal with any fallout from global trade tensions and with right policies can reach an 8 percent-plus growth rate and hold it, according to a UN economist monitoring the country.
In northeast India, water-management practices to deal with climate change
In a small village on the north bank of the Brahmaputra in Assam in northeast India, farmer Horen Nath stood gazing at his partially submerged paddy field. The floods had kept their annual date but mercifully, the farmer said, the waters have started receding. "The weather has become very strange of late. We always had ample rain,