The Indian government has restricted the importation of gold. So Indians have switched to silver:
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The Indian government has restricted the importation of gold. So Indians have switched to silver:
Read more: http://tinyurl.com/m2sxvuj
India Will Dominate the Silver Market in 2013. With silver falling by 26% so far this calendar year, even factoring in the recent surge, you’d be excused for presuming there were negative fundamentals developing in the market for the white metal.
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Consumers trying to keep their budgets balanced will be dismayed to find that keeping up with the Joneses is getting pricier as the global middle class expands.
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Malaysia’s Petronas is in talks to sell 10 percent of its Canadian shale gas assets to Indian Oil Corp, sources with direct knowledge of the matter told Reuters.
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Alberta is going big outside its borders.
Premier Alison Redford announced Friday the government will open six new international offices in the next two years.
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Washington: Indian ambassador Nirupama Rao has expressed her “firm view” that India-US economic relationship would only become stronger over time despite concerns of businesses on both sides.
“Just as US businesses have some concerns, Indian industry has also highlighted its concerns,” she said Friday at the Centre for Strategic and International Studies’ (CSIS) Statesmen’s Forum – “US- India Economic Agenda in 2013”.
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EDMONTON – International Affairs Minister Cal Dallas will announce a new global strategy for Alberta next month, including plans to open new offices in India and Singapore.
Funding for the ministry jumped by $5 million in the budget released March 7, making it one of just six government departments to see increases.
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India’s state oil companies intend to press ahead with plans to buy stakes in the oil sands and believe they will not run afoul of tougher rules on foreign ownership of the sector.
A consortium of Oil and Natural Gas Corp, Oil India Ltd and refiner Indian Oil Corp is among three bidders shortlisted to buy stakes in Canadian oil sands owned by ConocoPhillips (COP-N 57.77 -0.11 -0.19%). The assets could be worth up to $5 billion US.
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NEW DELHI— Canadian uranium will once again be used to power Indian nuclear reactors, leaders of the two countries announced here Tuesday.
Canada had banned sales of uranium and nuclear technology to India after India used Canadian nuclear know-how to build its atomic bomb in 1974.
Read more: http://tinyurl.com/aldljst
As happened about a decade ago with China, Canada has been slow to realize the benefits of capturing a share of India’s $2-trillion-a-year economy.
With a tantalizing number like that, the Conservative government has been right to make increasing Canada’s foreign trade, especially in Asia, a top priority.
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