How Russia's central bank chief held the line
MOSCOW One Thursday evening in March, Elvira Nabiullina, governor of Russia's central bank, faced down a rival in the struggle for influence inside President Vladimir Putin’s entourage.
NEW DELHI India is working to promote self-sufficiency in edible oil supply so that the country doesn't need to import to meet domestic demand, Farm Minister Sharad Pawar said on Friday.
India imports about half the 16 million to 17 million tonnes of edible oils it consumes every year, mainly palm oil from Indonesia and Malaysia, and guarantees minimum prices to its farmers to spur production and trim a hefty import bill.
The farm and food ministries have been working together to see that India doesn't need to depend on vegetable oil imports in the next few years, Pawar told reporters at a conference on seed productivity.
India, the world's biggest importer of vegetable oils, buys mainly palm oil from the two south east Asian nations, and a small quantity of soyoil from Brazil and Argentina.
(Reporting by Mayank Bhardwaj; Editing by Jo Winterbottom)
SAN FRANCISCO The split at the Federal Reserve over when to next raise interest rates appears to hinge largely on disagreements over the labour market outlook, comments from policymakers on Friday suggest.
MADRID An EU court ruling defending the right of temporary workers in Spain to receive severance pay is fuelling calls from Spanish unions and politicians for one of Europe's most uneven labour markets to be fixed.