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Wednesday, May 27, 2009

India seeks uranium supply from Australia

Praising Australia's role in ending India's nuclear isolation, India hopes that Canberra would reverse its policy of not selling uranium to New Delhi, saying it would help the country move to cleaner energy sources.

Despite Kevin Rudd-led government's policy on not selling uranium to a non-NPT signatory, Indian High Commissioner Sujatha Singh underlined India's expectation that Australia would change its policy.

Source: Press Trust of India

China and India learning from each others experience: IFC

India and China have overcome the bottlenecks in their investment climate with sector-specific government policies in software and manufacturing sectors respectively and the two countries are also learning from each others experiences, World Bank's lending arm IFC said today.

The study, "New Industries from New Places," offers important lessons for other countries hoping to emulate the success of India and China.

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