According to the Solvent Extractors Association of India (SEA), about 7,82,983 tonnes of palm oil and 4,08,938 tonnes of soft oil were imported in January this year out of total vegetables oils.
India’s vegetable oil imports fall 28% in January
ET GBS 2024: Choking! Carbon clubs spell hazy future for developing countries, says former WTO DG Azevedo
2 years ago
Robert Johnson from the Institute for New Economic Thinking (INET) emphasizes the need for nations to think globally and protect all humans affected by carbon burning. He suggests that low-wage labor may not be the solution for development and discusses the anxiety in Europe regarding migration from Africa and the Middle East.
India introduces SOPs for approving new ports to ensure controlled growth in maritime sector
2 years ago
India is drafting stringent standard operating protocols (SOPs) for the approval of new ports, aiming to regulate the growth of the maritime sector. The emphasis will be on fully utilizing the capacity of existing ports before approving new ones. These SOPs aim to ensure structured growth of Indian ports and safeguard investments made in setting […]
ET Now GBS 2024: India bright FDI spot on global map despite rates soaring worldwide, says Piyush Goyal
2 years ago
Uttar Pradesh has transformed from a BIMARU state to a most-favoured state through honest governance. The fight against corruption has seen notable successes in states like Telangana and Andhra Pradesh. The government aims to build an inclusive society and empower the less privileged.
PMO likely to review Red Sea Crisis soon
2 years ago
The Prime Minister’s Office (PMO) is expected to conduct a review of the potential impact of the Red Sea crisis on trade, as exporters anticipate that trade in March and April may be affected. According to an official, there hasn’t been any adverse impact on exports thus far due to the crisis. However, traders foresee […]
The text circulated on January 29 includes all elements, but the divergent views of the US and EU need to be considered. The US wants market access reforms, while the EU opposes any changes in market access.
As per the ministry, the government has made concerted efforts to control the high external sector vulnerability inherited from the UPA government. The average current account deficit to gross domestic product has come down significantly to 1.1% between FY15-33, relative to an average of 2.3% of GDP between FY05-14. The ministry highlighted that India was […]
Indo-Canada Chamber of Commerce delegation reaches midpoint, extends invitation to Gujarat CM for Gala event
2 years ago
The Indo-Canada Chamber of Commerce (ICCC) highlighted the progress of its India Mission 2024, led by President Murarilal Thapliyal, in enhancing trade relations between India and Canada. The delegation initiated discussions in Delhi, engaging with policymakers and business leaders at various forums.
The Maharashtra Coastal Zone Management Authority (MCZMA) has given a go-ahead to the All-Weather Deep Draft Greenfield Vadhavan Mega Port. Jawaharlal Nehru Port Authority (JNPA) is planning to develop this project through a special purpose vehicle (SPV) with the Maharashtra Maritime Board (MMB).
India is nearing the completion of a groundbreaking trade agreement that may result in several European nations investing up to $100 billion over a span of 15 years. The European Free Trade Association, consisting of Switzerland, Norway, Iceland, and Liechtenstein, has pledged to make investments in India as part of a trade deal currently in […]