Low production, high export demand ups prices of cumin

Rajkot, Jan 19 (ANI): Prices of spice cumin have shot up due to less production and high demand in foreign countries, merchants in Gujarat said. Merchants predict a further hike in cumin prices in the coming days as they foresee a sharp drop in production. They said the prices could increase by another 10 percent. The crop was severely affected due to scant rainfall in the western belt of the country. The increase in demand of Indian spice in countries like US, UK and Singapore also led to rise in prices. While consumers are net losers who are forced to pay much higher prices, farmers are happy that the low production has been offset by good prices. Jan 19, 2015

Sri Lanka's Foreign Minister Mangala Samaraweera meets PM Modi

New Delhi, Jan 19 (ANI): Sri Lankan Foreign Minister Mangala Samaraweera met Prime Minister Narendra Modi at his office on Monday. Reportedly, Samaraweera is carrying an invite for PM Modi to visit the island nation. On Sunday, Sri Lanka and India had pledged to deepen their relations and had agreed to work "closely and extensively".Ahead of his visit, Sri Lanka released 15 Indian fishermen and now no Indian fishermen are in island nation's custody. Jan 19, 2015

Security agencies prepared for a nation's President's visit, nothing different for Obama: Rijiju

New Delhi, Jan 19 (ANI): Minister of State for Home Affairs, Kiren Rijiju, said on Monday that the security agencies are prepared well for US President Barack Obama's three-day visit to India at Republic Day as the Chief Guest. Rijiju said that any kind of security arrangements which are made for the visit of any foreign eminent personality's visit to India have been made for Obama's visit and there is no difference of any kind in terms of security. Jan 19, 2015

Sri Lanka's Foreign Minister Mangala Samaraweera meets Sushma Swaraj

New Delhi, Jan 18 (ANI): Sri Lankan Foreign Minister Mangala Samaraweera met his Indian counterpart Sushma Swaraj on Sunday. Samaraweera arrived in New Delhi on Saturday to hold bilateral talks Swaraj. MEA Spoekesperson Syed Akbaruddin's tweet confirmed that the Sri Lankan minister said the nation sees India under Prime Minister Narendra Modi as a huge opportunity. He had also said that the visit to India within 5 days of President's swearing-in shows the nation's priority, the tweet further said. Ahead of his visit, Sri Lanka released 15 Indian fishermen and now no Indian fishermen are in island nation's custody. The meeting between the two foreign ministers would be a first high-level discussion since new government was installed in Sri Lanka under the leadership of President Maithripala Sirisena. Jan 18, 2015
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Japan Foreign Minister says will invest in India's northeast

New Delhi, Jan 17 (ANI): Japan Foreign Minister Fumio Kishida said on Saturday that Japan would invest in building roads and infrastructure in India's northeast. Building infrastructure such as power plants, industries and telecommunication hubs in the northeast would be a major contributor to connect the key region with Southeast Asian countries. Japan has promised to give India $ 35 billion for developmental projects. Kishida arrived in New Delhi on Friday to co-chair the eighth India-Japan Strategic Dialogue with his Indian counterpart Sushma Swaraj. The two foreign ministers will review all aspects of the bilateral relations and exchange views on regional and international issues of mutual interest. Jan 17, 2015
World Bank President Jim Young Kim and India's Prime Minister Narendra Modi

Govt Adjusts Disinvestment Plan: IOC Stake Sale Possible

The government is likely to bring IndianOil stake to the disinvestment table, as continued uncertainty over policy affecting Coal India and ONGC would prove an impediment to its plans, even as it struggles to limit itself to the 4.1% fiscal deficit. Jan 17, 2015
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BJP applauds PMs suggestion of subsidy for poor, Congress calls it farce

New Delhi, Jan 17 (ANI): BJP on Saturday applauded Prime Minister Narendra Modi as he suggested subsidy for poor. Modi had said that he would not cut subsidies, reform the complex tax system to attract foreign investment and work to make the government system fast and flexible. With the budget just six weeks away, the Prime Minister made it clear that he would not cut subsidies. Meanwhile, Congress leader PC Chacko said that the government is not providing subsidy but is taking away people’s money. Jan 17, 2015