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  • Millions of farmers keep faith in sugar cane, shrug off poor returns
    Millions of farmers keep faith in sugar cane, shrug off poor returns

    By Rajendra Jadhav AHMEDNAGAR, India (Reuters) - It is a Catch-22 for Nandkumar Patil, one of the millions of sugar cane farmers in India. With farmers like Patil staying put on cane fields, India is seen producing excess sugar in 2015/16. A sixth annual surplus, the longest such stretch ever, will allow the world's No.2 sugar producer after Brazil to remain a net exporter, denting global prices that hit six-year lows in March on ample supplies.     In the past, lower prices have prompted …

  • French fighter jets find takers in a worried world
    French fighter jets find takers in a worried world

    By John Irish RIYADH (Reuters) - After failing for years to win a single order for the Dassault-built Rafale fighter jet, France has scored a string of multi-billion-euro wins in recent weeks and is on a quest for more. Global appetite for the jets has surged as a result of the United States' diminishing influence in the Arab world along with wider security concerns over the rise of Islamic State insurgents - which Paris is more than happy to assuage. Egypt, India and Qatar have all just …

  • India to sign port deal with Iran, ignoring U.S. warning against haste
    India to sign port deal with Iran, ignoring U.S. warning against haste

    By Nidhi Verma and Manoj Kumar NEW DELHI (Reuters) - India will push ahead this week with plans to build a port in southeast Iran, two sources said, with Prime Minister Narendra Modi keen to develop trade ties with Central Asia and prepared to fend off U.S. pressure not to rush into any deals with Iran. India and Iran agreed in 2003 to develop a port at Chabahar on the Gulf of Oman, near Iran's border with Pakistan, but the venture has made little progress because of Western sanctions on …

  • Climate change sparks tension in India's tea gardens
    Climate change sparks tension in India's tea gardens

    By Krishna N. Das JORHAT, India (Reuters) - Usha Ghatowar smiles wryly when asked about the pay she earns picking leaves at a colonial-era tea garden in Assam. Tea tribe votes can swing results in about a quarter of the seats in Assam, the country's main growing area, and the BJP has been making inroads. …

  • Urbanising India best bet for Chinese steel
    Urbanising India best bet for Chinese steel

    By Krishna N. Das NEW DELHI (Reuters) - India will be the lone bright spot for Chinese steelmen trying to cut bloated inventories as Asia's third-largest economy embarks on a once-in-a-generation urbanisation drive under Prime Minister Narendra Modi.  GRAPHIC: Indian steel use: http://link.reuters.com/qer64w Urban dwellers will double to more than 800 million by 2050, a scale of mass urbanisation only seen before in China. As India build new roads, office blocks and cities, its steel …

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