Rice prices eased in top exporters Thailand and Vietnam this week due to thin demand and may be undermined further after India lifted its export cap, traders said on Wednesday.
Global coffee consumption will grow about 1.5% this year as a slowdown in economic growth fails to deter users, according to Executive Director of the International Coffee Organisation.
After the slashing of minimum export price (MEP) of onion from $250 to $150 per tonne, the state government has now issued no objection certificate for the export of 3,000 tonne onions by Gem and Jewellery Export Promotion Council (GJEPC) has formed a joint venture with the National Skill Development Council and three ot.....
CENTRE may set a target of $ 360 billion for merchandise exports in next financial year with an estimated 20 - 22 per cent growth. This comes close on heels of continued uncertainty in EU and US, tw.....
Union Minister for Chemicals and Fertilizers, said that measures would be taken to import raw materials from South Africa, which would bring some respite to the fertilizer shortage in the country.
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Import duty may be hiked on power generation equipment for projects above 1,000 MW capacity in the coming Budget. Currently, imported equipment for such projects attract 5 per cent duty.
The rupee scaled a new two-month high on Wednesday, boosted by strong dollar inflows as global funds seek higher returns in the Asia's third largest economy, while oil buying capped the gains.
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The government is considering bringing out a white paper on what went wrong with the exports numbers that were revised down $9 billion for the first seven months of the fiscal. A panel, including Ch.....
The Commerce Ministry has allowed supply of Scomet (Special Chemicals, Organisms, Materials, Equipment and Technologies) items from the Domestic Tariff Areas (DTAs) to Special Economic Zones without.....
The iron ore industry is unlikely to face a further hike in export duty on their produce in the upcoming Budget, according to the Steel Ministry. However, this is unlikely to provide much relief to .....
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