Introduction Biopiracy is a problem faced by developing countries whereby national corporations, industries and government organizations make use of their natural resources without recompensing the countries from which the resources are taken from. These developing countries are rich in biodiversity and offer potential for corporations to make money. This is why these countries are a target. These corporations exploit the naturally occurring biological or genetic material, and may place patents
volatility in the price of oil are to a large extent of prime interest to economist. According to Adeniyi et al (2004), exchange rate appreciate in response to rising oil prices and depreciates in response to falling oil prices in oil producing exporting countries while the reverse is the case in oil importing countries. therefore, the impact (positive or negative) which oil price could have on exchange rate volatility of a country depends on what part
developing economies. Energy indicates national prosperity and also underwrites national security. States now desire energy security in the same sense that they desire military security and economic security. Energy independence, control over energy resources and security of the energy transportation routes have a great importance in terms of national security.” Thus in recent
CHAPTER: 1 EXECUTIVE SUMMARY Petroleum is one of the primary sources of energy. It is the back bone of industries. It goes through a long chain from exploration to retailing- before it is available for usage in different forms. In our country, the Refining business is primarily dominated by Public Sector Undertaking Companies like Indian Oil Corporation Ltd. (IOCL), Bharat Petroleum Corporation Ltd. (BPCL), Hindustan Petroleum Corporation Ltd. (HPCL), etc. Apart from PSUs, major player in this sector
also as a base for other sauces. Earlier, this ketchup was thin and watery; it is now available as a thicker sauce. The global ketchup market is growing rapidly. Tomato is a major ingredient for any ketchup or sauce because of its various health benefits. • The global tomato ketchup market is gaining maximum share from the US and Europe and also growing in Asia Pacific and Middle East. This market is expected to reach USD 3.3 billion by 2015. The growth of the market is highly driven by various