Minister for Medical Research Pru Goward has congratulated Sydney Health Partners for its cutting edge collaboration after it was named a National Health and Medical Research Council (NHMRC) Advanced Health Research Translation Centre. The winning NSW bid was one of four groups named in the first ever NHMRC Advanced Health Research and Translation Centres scheme […]
Amid global concerns over scarcity of molybdenum-99, Indian scientists are gearing up to address the country’s need of producing the key radioactive isotope required for diagnostic purposes in nuclear medicine, including cancer detection. Scientists at the Kolkata-based Variable Energy Cyclotron Centre (VECC) claim India can resort to an alternative route of production of molybdenum 99 […]
Building further momentum towards the conclusion of an Australia-India Comprehensive Economic Cooperation Agreement (CECA) is the key objective of a visit to India this week by the Minister for Trade and Investment, Andrew Robb. Prime Ministers Tony Abbott and Narendra Modi have set a target of completing negotiations by the end of this year. During […]
An Andrews Labor Government supported trade mission to India promoting Victoria’s health, aged care, ICT, sport and environmental industries began today. More than 20 Victorian delegates will showcase their services sector expertise during the Victoria Week Trade Mission to India, which runs until Friday, encouraging business partnerships. India has the second fastest growing services sector […]
Taking advantage of weak global crude prices, down 42.5 percent since July 2014, the government is spending Rs.4,948 crore ($800 million) to shore up strategic oil reserves in the first phase of such a project, which can be used during emergencies to power India for around a fortnight. Two giant, rock-cut caverns will soon be […]
Chinese President Xi Jinping, who is in Islamabad on a two-day state visit, will unveil a $45 billion investment plan that can help Pakistan end its chronic energy crisis and help transform it into a regional economic hub. The investments offer a real opportunity to change the scope Sino-Pakistan relationship “from geo-politics to geo-economics,” said […]
A week after it revised its outlook on India to positive from stable, international credit rating major Moody’s pegged India’s growth at 7.5 percent for 2015. “India’s economy is on a cyclical upswing. Forward looking indicators suggest domestic demand is gathering momentum,” said Faraz Syed, associate economist, Moody’s Analytics. According to the ratings agency, low […]
The European Commission on Wednesday formally accused Google of abusing its dominant presence to favour its own products in internet searches, and announced an antitrust probe into the Android mobile operating system. “The European Commission has sent a statement of objections to Google alleging the company has abused its dominant position in the markets for […]
Diesel, which is normally used in automobiles, buses, trucks and even railway engines and is considered “dirty”, has been turned into a clean fuel for cooking and lighting in rural areas courtesy a device developed at the Nimbkar Agricultural Research Institute (NARI), an NGO in Phaltan, Maharashtra. Called “Lanstove”, the diesel-powered gadget is claimed to […]
The World Bank and the International Monetary Fund (IMF), also called the Bretton Woods twins, have forecast India’s growth to speed up to 7.5-8 percent next fiscal, outpacing China, thanks to the reforms focus of Prime Minister Narendra Modi’s government. In separate studies released on Tuesday – South Asia Economic Focus by the World Bank […]