Jan 31 Potash Corp of Saskatchewan Chief Executive Bill Doyle said on Thursday that a potash supply contract between Canpotex Ltd and Indian buyers could come in the first quarter.
Doyle said on a conference call with analysts that India is not expected, however, to be a major driver of global potash demand in 2013.
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Ready for Rate Hike
Two years ago India was a "fragile five" economy growing at 5 percent, facing a severe current account deficit and the rupee at record lows as the U.S. Fed Reserve prepared to taper its stimulus programme. Today, two years into the term of RBI Governor Raghuram Rajan, India is set to confidently face the Fed's first rate rise since 2006. Full Article