export

Sebi for allowing banks, insurers, pension funds to invest in non-agri commodity derivatives: Chief Tuhin Kanta Pandey

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Sebi for allowing banks, insurers, pension funds to invest in non-agri commodity derivatives: Chief Tuhin Kanta Pandey

Sebi will “engage” with the government to allow banks, insurance companies and pension funds to invest in non-agriculture commodity derivative markets, its chairman Tuhin Kanta Pandey said on Wednesday. He said the capital markets regulator is also looking at a proposal to allow foreign portfolio investors to trade in non-cash settled, non-agricultural commodity derivative contracts. … Read more

Uttam meets Philippines Agriculture Secretary over paddy export

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Uttam meets Philippines Agriculture Secretary over paddy export

Civil Supplies Minister N. Uttam Kumar Reddy with Phillipines Agriculture Secretary Francisco P. Tiu Laurel Jr. | Photo Credit: BY ARRANGEMENT Civil Supplies Minister N. Uttam Kumar Reddy met Philippines Agriculture Secretary Francisco P. Tiu Laurel Jr. in New Delhi on Wednesday, and the latter responded positively to the State’s proposal to export paddy to the … Read more

Export Facilitation Centres supporting MSMEs, says Union Minister

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Export Facilitation Centres supporting MSMEs, says Union Minister

The Ministry of Micro, Small, and Medium Enterprises (MSME) has so far established 65 Export Facilitation Centres (EFCs) across the country to support the MSMEs in enhancing their export capabilities. This was revealed in a written reply by Union Minister of State for MSMEs Shobha Karandlaje, in response to a question raised by MP Kesineni … Read more

China curbs export of 7 rare elements; what’s their use?

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China curbs export of 7 rare elements; what’s their use?

Amid an escalating trade war with the US and deepening uncertainties, China has placed export restrictions on seven rare earth elements that are crucial for the global tech, medical, defence, and energy industries. What are these rare elements? What’s their use? And which other countries produce them? Let’s have a closer look. These medium and … Read more

Canada’s Trudeau says he had an “excellent conversation” with Trump in Florida after tariffs threat

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Canada’s Trudeau says he had an “excellent conversation” with Trump in Florida after tariffs threat

West Palm Beach (US): Canadian Prime Minister Justin Trudeau said Saturday he had an “excellent conversation” with Donald Trump at his Mar-a-Lago club after the president-elect’s threat to impose significant tariffs on two of America’s leading trade partners raised alarms in Ottawa and Mexico City. It was unclear, as Trudeau headed back to Canada from … Read more

India scraps export tax on parboiled rice to boost exports

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India scraps export tax on parboiled rice to boost exports

Representational image of rice grains being winnowed at a paddy field in Kerala. India has revoked the export duty on parboiled rice | Photo Credit: K.K. Mustafah The Union Government has scrapped the export tax on parboiled rice, it said in an official order on Tuesday (October 22, 2024), as inventories across India — the … Read more

India allows Nepal to export additional 251 MW of power

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India allows Nepal to export additional 251 MW of power

India has allowed Nepal to export an additional 251 MW of electricity to the country. Photo for representational purpose | Photo Credit: S.R. Raghunathan India has allowed Nepal to export an additional 251 MW of electricity to the country, marking the first time the Himalayan nation will supply power to Bihar under a medium-term sales … Read more

Sugar stocks sweeten gains on talk of supply shortages in key states

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Sugar stocks sweeten gains on talk of supply shortages in key states

Mumbai: Shares of sugar companies were among the top gainers on Thursday on expectations that prices would firm up on supply shortages in key states like Maharashtra and Karnataka. Out of the 35 sugar stocks on the BSE, 30 rallied in Thursday’s trade. Avadh Sugar soared 13.20%, Magadh Sugar jumped 12.8% and DCM Shriram rose … Read more

Cooperative export body NCEL gets ₹7,000 crore orders so far, to share profit with member farmers: Amit Shah

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Cooperative export body NCEL gets ₹7,000 crore orders so far, to share profit with member farmers: Amit Shah

Union Home Minister and Minister of Cooperation Amit Shah addresses during the National Symposium on Cooperative Exports organised by National Cooperative Exports Limited (NCEL), in New Delhi on October 23, 2023. | Photo Credit: PTI Cooperation Minister Amit Mr. Shah on October 23 said the newly established National Cooperative for Exports Ltd. (NCEL) has bagged … Read more

China exports slumped 12.4 per cent in June from a year earlier as global demand weakened

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China exports slumped 12.4 per cent in June from a year earlier as global demand weakened

China‘s exports tumbled 12.4 per cent in June from a year earlier as demand weakened after central banks raised interest rates to curb inflation. Customs data released Thursday showed imports slid 6.8 per cent. Trade weakness adds to downward pressure on the world’s second-largest economy. Global consumer demand has weakened after the Federal Reserve and … Read more