In July 2023, the government had prohibited the export of non-basmati white rice but it had said exports would be allowed on the basis of permission granted to other countries to meet their food security needs and based on requests from those countries.
India allows 14,000 MT non-basmati white rice exports to Mauritius
India and Ghana plan to implement UPI on GHIPSS in 6 months. JTC meeting explored MoU on Digital transformation, Local Currency Settlement, AfCFTA opportunities in Accra, led by Commerce Ministry.
The Directorate General of Trade Remedies (DGTR) recommended imposing anti-dumping duties on imports of ‘Trichloro isocyanuric acid’ from China and Japan, used for water treatment, to safeguard domestic industry. Bodal Chemicals Ltd initiated the investigation. The proposed duty ranges from USD 170 to USD 870 per tonne. The final decision rests with the finance ministry […]
India’s decision to remove the 40% import duty on desi chana has caused international prices to surge by 7-10%. This move is expected to encourage Australian farmers to increase the acreage and production of Bengal gram for export to India, as sowing is ongoing there until the end of May. However, some in the pulses […]
India’s metallurgical coal imports from Russia have increased by three-fold in the last three years, reaching 15.1 million tonnes in 2023-24, mainly due to lower prices. This increase is attributed to lower prices, which are cheaper for domestic steel players. Australia, a major supplier of met coal to India, has seen a decline in its […]
India, Ghana agree for early operationalisation of UPI on Ghana interbank payment systems
2 years ago
India and Ghana aim to link UPI and GHIPSS for instant fund transfers. Discussions include MOU, local currency settlement, and AfCFTA benefits. NPCI’s UPI may operate on GHIPSS in 6 months. Bilateral trade focuses on gold, cocoa, and cashew nuts.
The government on Saturday lifted the ban on onion exports, a decision that can help boost income of a large section of farmers and comes ahead of the Lok Sabha polls in key producing regions including Maharashtra. The government has imposed a minimum export price (MEP) of USD 550 per tonne (around Rs 46 per […]
In early December, the central government allowed duty-free imports of yellow peas until March 2024, later to be extended till April and then June. It was part of New Delhi’s intervention to cool the prices of the overall pulse basket.
India has lifted the ban on onion exports after almost six months. The Directorate General of Foreign Trade set the Minimum Export Price at $550 per tonne. Onions have historically influenced India’s political landscape during elections.
India raised concerns on pharmaceutical pricing control in Australia during a recent bilateral meeting, focusing on market access, people-to-people contacts, and trade decline. JCM addressed MRAs on organic products, okra, pomegranate, grapes, cottage cheese.