“Government’s priority is to ensure sufficient availability of sugar for consumption, ethanol production and maintaining closing stocks of 6 million tonnes for 2023/24 season,” the Department of Food and Public Distribution said in a statement.
India will decide on sugar exports after assessing cane availability, says govt
On the sidelines of G20 trade and investment ministers meeting, she also said overall visa liberalisation issues do not fall in the ambit of trade pacts and these are immigration issues. Indian industry has sought easy access for domestic professionals. “We have closed many chapters… perhaps the simpler tasks. We are now in the final […]
Monsoon rains in the top cane growing districts of the western state of Maharashtra and the southern state of Karnataka – which together account for more than half of India’s total sugar output – have been as much as 50% below average so far this year, weather department data showed.
India has asked for a review of the agreement to eliminate barriers and misuse of the trade pact. Concerns have also been raised about routing of goods from third countries in India through Asean members by taking the duty advantages of the agreement. Trade facilitation, customs cooperation, and economic and technical cooperation are likely to […]
After the G20 Trade and Investment Ministerial Meeting in Jaipur, which is scheduled for Thursday and Friday, the UK’s Business and Trade Secretary Badenoch is expected to head to New Delhi for bilateral talks with her Indian counterpart, Commerce and Industry Minister Piyush Goyal. Their discussions will coincide with the ongoing twelfth round of FTA […]
Amid slackening demand for engineering goods from major markets such as the US and China, shipments to Russia continued their uptrend and more than doubled to US$ 123.65 million in July 2023 from US$ 55.65 million in July 2022, a rise of 122.03 per cent, according to a media release issued by EEPC India on […]
Food Secretary Sanjeev Chopra on Tuesday said there are no plans to import wheat from Russia under any diplomatic deal. Last month, Centre had imposed a ban on the export of widely consumed non-basmati white rice, following a ban on broken rice exports last year.
India’s crude oil imports fell for the second straight month in July in line with lower consumption due to monsoon rains and lower shipments from Russia and Saudi Arabia as prices rose following recent supply cuts from the two oil producers.
A report by the Global Trade Research Initiative (GTRI) has urged the Indian government and exporters to take immediate action to deal with the European Union’s carbon tax. The report suggests a nine-step action plan and taking urgent steps like monitoring emissions data and providing incentives for adopting greener technologies.
India’s crude oil imports from Russia declined in July for the first time in nine months, while imports from Saudi Arabia dropped to their lowest in 2-1/2 years due to OPEC+ cuts. Both China and India reduced imports from Russia and Saudi Arabia as prices increased and the producers reduced output. India’s overall oil imports […]