April 30, 2018
India is set to lose the gains made in garlic exports in the last couple of years with the fall in prices of the spice from China. Asurge in Chinese garlic prices saw Indian exports spiral, recording the largest growth among the spices in 2016-17 at 92 % to reach a new peak of `307 […]
April 20, 2018
“The coffee exports were at all-time high in FY 2017-18 because of increased shipments of value-added products, especially instant coffee,” a senior board official told PTI.   Coffee exports from India, Asia’s third-largest producer and exporter, reached an all-time high at 3.95 lakh tonnes in the 2017-18 fiscal on strong demand for instant coffee, according […]
April 19, 2018
Bill Shorten has demanded a suspension of shipments of live sheep during the northern summer and blasted the Coalition for failing to update standards to protect sheep. On Thursday the bipartisan consensus to wait for a series of reviews before intervening in the industry began to fracture, with the Liberal MP Sussan Ley proposing a private member’s […]
April 18, 2018
Oil prices extended gains on Wednesday, lifted by a reported decline in U.S. crude inventories and the risk of supply disruptions. Brent crude oil futures rose 87 cents to $72.45 a barrel by 1143 GMT, while U.S. WTI crude futures rose 95 cents to $67.47. “Yesterday evening saw the API report a surprising decrease in […]
April 17, 2018
Indian government is unlikely to give any export subsidy to sugar mills even as it has asked mills to give priority to clear sugar arrears to farmers, which has mounted to more than Rs 18,000 crore. “At present there is no proposal by the government to give any export subsidy to sugar mills,” a food […]
April 16, 2018
India’s tea exports rose 3 per cent in the first two months of 2018 from a year ago following an increase in the prices of Sri Lankan and Kenyan teas that made Indian teas more competitive in the global market. Healthy demand trends, combined with stagnant production levels in the domestic market, have supported prices […]
April 9, 2018
Cotton exports from the country are likely to touch seven million bales this marketing year started October 2017, up about 27% from the earlier estimate, due to a surge in demand, particularly from China, as Indian cotton is selling at discount. “Indian cotton is trading at huge discount not seen in many years. A lot […]
April 9, 2018
India may have removed restrictions on export of pulses but this has not led to a surge in shipments because a decade-long ban on exports led to a loss of overseas markets, millers and traders said, demanding that the government export 2.5 million tonnes of pulses to support domestic prices and announce incentives for export […]
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April 8, 2018
The merchandise exports of India in March rose by 27.59% which is the steepest rise in last six years but the trade deficit became even higher as the imports rose by 45% as the prices of commodities were firm. Petroleum, textiles, engineering goods and gems and jewelry sectors saw a rise in shipments and pushed the […]
April 8, 2018
MUMBAI (Reuters) – India on Friday banned imports of the hormone oxytocin to stop its misuse in the livestock industry, where activists say it causes hormonal imbalances and shortens the lives of milch animals. Often called the “love hormone”, oxytocin is released naturally in human bonding activities such as sex, childbirth and breastfeeding. The government […]
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