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Farmers Protest In Nashik Against Centre's 40% Export Duty On Onion

Farmers protested in several places in Nashik district in Maharashtra on Monday against the Union government's decision to impose export duty of 40 per cent on onions till December 31, which they claimed will curb their chances of getting good prices ...

Govt Imposes 40% Export Duty On Onion To Boost Domestic Supply Amid Rising Prices

The government on Saturday levied a 40% duty on the export of onions to boost domestic availability as there is surge in the prices. This is the first time ever an export duty on onion has been imposed as retail prices ...

India's Merchandise Trade Deficit Grew To $20.67 Billion In July

India's merchandise trade deficit in July stood at $20.67 billion, according to a Reuters calculation based on export and import data released by the government on Monday, according to Reuters. Economists expected a July trade deficit of $21 billion, according to ...

India Rice Ban Causes Global Concern, IMF Encourages To Remove Ban

Indian on July 20 banned exports of non-basmati white rice in order to enhance domestic supply and keep retail prices under check during the upcoming festival season. This type of rice constitutes about 25% of total rice exported from the country. ...

Penny Stock Under Rs 4: Metal Stock Bags Export Orders Worth USD 5 Million

Small cap stock operating under metals & ferrous sector, Shah Metacorp Ltd on July 21, 2023 bagged export orders of approximately USD 5 million (nearly 40 crore) from Italy and several other European nations for the export of steel and alloys, ...

India's Rice Export Restrictions Put 2 Million Tons Of Contracts at Risk

India, one of the world's largest rice exporters, has recently imposed restrictions on rice exports, putting contracts for approximately 2 million tons of rice at risk, Reuters reported. India, which exports 40% of the world's rice, ordered a halt to its ...

China Urges Japan To Halt Export Restrictions On Chips

Chinese Commerce Minister Wang Wentao urged Japan to halt semiconductor export controls, calling it a "wrongdoing" that "seriously violated" international economic and trade rules, a statement from his ministry said on Monday, reported Reuters. China's latest condemnation of the export restrictions ...

India's Engineering Exports to Russia Surge 11 Times To $133.6 Million In April

Exports of engineering items to Russia increased 11 times in April this year to $133.6 million, according to the engineering export promotion council, while markets in the United States and China remained lacklustre. In April 2022, engineering exports to the CIS ...

Government Cuts Windfall Tax On Crude Oil, Export Of Diesel And ATF

The government has cut windfall profit tax on export of diesel and ATF to their lowest while also reducing the levy on domestically-produced crude in line with softening international oil prices, according to an official order. The levy on crude oil ...

Government To Decide On Raising Sugar Export Quota In March After Assessing Output Estimate: Food Secy

The government will take a call next month on increasing the sugar export quota from the present 60 lakh tonnes for the current marketing year after assessing the domestic production, Food Secretary Sanjeev Chopra said on Wednesday. The food ministry has ...

Centre Likely To Increase 'Sugar' Export Quota Soon: Fadnavis

Union Cooperation Minister Amit Shah on Tuesday assured leaders from Maharashtra that the Centre would soon increase the export quota sugar and take steps to help the ailing sugar industry in the state. Shah gave the assurance during a meeting with ...

India, US Agree On Mechanism, To Export Indian Shrimps For Americans

India and the United States are developing a mechanism for the Indian fishermen to be able to export shrimps for the American consumers, Union Commerce and Industry Minister Piyush Goyal said Wednesday. "We had discussions for restarting the wild caught shrimp ...

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