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INDIA WHEAT EXPORT BAN
RBI proposal to curb NBFCs' revolving credit may choke MSME funding, says industry body FISMEFISME has urged the RBI to reconsider its proposal to bar NBFCs from offering revolving credit, warning that a blanket ban could disrupt wo...
Asia Rice: India rates climb to 1-year highs on African demand, poor monsoon rainsIndia's 5% broken parboiled variety was quoted at $364-$369 per ton this week, up from last week's $362-$368. Indian 5% broken white rice ...
Govt removes restrictions on wheat exports; Robust export demand for Indian wheat from BangladeshIndia has lifted its four-year ban on wheat and wheat product exports. This move is expected to help temper rising global prices for the st...
India faces weakest monsoon in nearly two decades as El Nino strengthensIndia is heading for its weakest monsoon in nearly two decades, with rainfall expected to be around 15% below normal, according to two seni...
India's exports to Iran set to fall further due to Dubai halt, US sanctionsNew U.S. sanctions and UAE trade suspension may disrupt Indian exports to Iran. Rice, tea, and pharmaceutical shipments routed through Duba...
India lifts export ban on wheat flour, related products with immediate effectThe Central Government has lifted the export ban on wheat flour and related products. This policy amendment allows for immediate overseas s...
From Australia to Europe, countries move to curb children's social media accessBelow is a summary of what countries and companies are doing to regulate access to social media amid mounting concerns over the impact of s...
Putin rejected shipping truce offer: ZelenskyyUkraine proposed a Black Sea grain corridor truce, but Russia rejected it. Moscow demanded guarantees against strikes on its energy infrast...
India’s sugar stockpile set to shrink as output estimate falls: GovtIndia's sugar production estimate has fallen significantly, impacting opening stocks for the new season. This lower output is expected to m...
India's goods trade deficit hits 6-month high as imports rise amid Middle East conflictIn July, India's merchandise trade deficit climbed to $31.98 billion, the highest in six months, largely attributed to increasing oil and e...
DGFT relaxes One Star Export House norms, exporters can qualify on performance in any two of three preceding yearsThe government has relaxed export house status eligibility criteria for exporters. Exporters now qualify with performance in any two of thr...
India eases rules for rupee export payments, seeks to widen trade settlementIndia has eased export payment rules, allowing rupee settlements with non-Asian Clearing Union countries. This move aims to promote wider u...
India must turn Chinese investment into trade leverageIndia grapples with a persistent trade imbalance with China, a significant structural challenge. Embracing Chinese investment presents a st...
Indian, US fuel exporters reaping bonanza amid oil supply uncertainty due to warsIndia and U.S. oil refiners are benefiting from global fuel supply disruptions caused by wars in Iran and Ukraine, boosting refined fuel ex...
Russia to receive almost 270,000 tons of refined fuel from Asia in August, data showsRussia is importing nearly 270,000 tons of refined fuels from Asia this August. These shipments are occurring via ship-to-ship transfers to...
India imposes minimum import price on clear float glass to curb cheaper importsTo safeguard its local glass industry, India has enacted a minimum import price for clear float glass, directly benefiting manufacturers li...
Russia receives Indian gasoline cargo as fuel shortages biteAt least one 68,000-tonne cargo of gasoline from India has entered Russia’s domestic market as Moscow responds to fuel shortages caused by ...
Tukaram Mundhe's FDA now targets Shah Rukh Khan, Ajay Devgn & Tiger Shroff over pan masala-linked adThe Maharashtra FDA has issued notices to Shah Rukh Khan, Ajay Devgn and Tiger Shroff over their advertisement for a chewing elaichi brand....
Crop buyers cut off from Black Sea are turning to other originsThe region is one of the world’s top suppliers of grain and sunflower oil, much of which heads to Asia, Africa and the rest of Europe.
Decades of farm gains, inventories strengthen food system against 'super' El NinoNear-record food inventories, improved farming technology and stronger exporters such as Brazil and Russia are expected to cushion the glob...