Exports

Senegal as an LNG exporter? stranded asset risks in the transition

Since the discovery of large offshore oil and gas reserves in 2014, Senegal has set its hopes on fossil fuel export revenue to help fund its plans to become an emerging economy by 2035. Senegal is actively seeking investors to help develop its offshore oil and gas reserves – both …

India to contest US countervailing duty on export of steel products

The commerce ministry has decided to seek consultations with the US under the Dispute Settlement Understanding of the WTO on the countervailing duty (CVD) measures imposed by the Obama administration on India’s export of carbon steel flat products. The US Department of Commerce had contended that India is extending subsidy …

State apathy in its extreme

Drug regulation in India seems only to serve the interests of industry; the citizen does not matter. (Editorial)

Govt lifts ban on export of milk powder

NEW DELHI, 11 JUNE: The government today withdrew the ban on exports of skimmed milk powder (SMP) to improve finances of dairy firms and help milk producers. Earlier this month, the government had decided to lift export ban on SMP amid surplus availability of milk. “Classifications of export and import …

Food min to seek CCEA nod for wheat export subsidy

New Delhi The food ministry will seek approval of the Cabinet Committee on Economic Affairs (CCEA) for offering subsidy on wheat exports to ease storage in choked warehouses, and approach the empowered group of ministers (EGoM) to allocate additional grains through ration shops. “It was felt that since offering subsidy …

India offers sops to push exports of green products

New Delhi India has offered key incentives to exporters to tap the growing demand for clean energy equipment and non-polluting electric vehicles in overseas market, which would help it overcome the rising trade deficit. The commerce ministry has identified a total of 16 green products including solar power equipment for …

Windmills play a big role in easing power situation in Tamil Nadu

Since May 25, windmills have contributed 31 to 34 per cent of the total power consumed in the State every day. Tamil Nadu has nearly 7,000 MW of installed wind energy capacity and peak generation from these windmills has remained above 3,200 MW for the last 12 days. According to …

Impact of mining on people and environment in Sandur, Bellary

Sandur, a region once known for its pristine hills and its lush green forests, today, is stripped of not only its beauty but its character too; all for the murky ore, needed to build and propagate the 'great human civilization'.

Posco climbs down, way being cleared for Oct launch

The showpiece POSCO iron and steel project in Orissa is set to take off by October this year with the state government and the South Korean company moving ahead to remove two major irritants that have been at the centre of the opposition to the project. While re-negotiating their 2005 …

Provisional coal statistics 2011-12

This Provisional coal statistics incorporates provisional information regarding coal, coal products and lignite of the preceding financial year along with few years on reserves, production, dispatches, pit-head closing stock, import and export of coal etc. It also contains information regarding captive blocks. The publication of this Provisional coal statistics should …

Holy cow! India to be largest beef exporter

India is set to emerge as the world's leading beef exporter this year, the US Department of Agriculture's (USDA) Foreign Agricultural Service has forecast. India will ship roughly 1.5 million tonnes of beef in 2012, surpassing current top exporter Australia, according to the USDA report. That is more than double …

Furnish details of ore exported, HC tells BEML

The High Court on Tuesday directed Bharat Earth Movers Limited (BEML), a defence PSU, to furnish documents pertaining to the source from which iron ore had been obtained and exported. The Court was hearing a plea by Subramanya Shastry, an Andhra Pradesh-based share holder of BEML, who has alleged that …

State to integrate mineral export data of ports from June 1

Bhubaneswar: In a bid to further streamline mineral transportation, Odisha government has decided to integrate export data of ports with the Integrated Mines and Mineral Management System (i3MS) from June 1. i3MS, the online data verification and permit generation software for mineral transports, will now be connected with six different …

Odisha to promote MSME and export oriented projects

Bhubaneswar: Encouraged over its record growth in the export performance, the Odisha government on Tuesday decided to set up specific projects which will boost both the export and MS&ME; (micro small and medium enterprises). This was decided at a high level meeting presided over by the chief secretary Bijay Kumar …

Bangladeshi group to invest Rs 6.80 cr in Tripura

Agartala: A Bangladeshi agro-food processing group, Programme for Rural Advancement Nationally (PRAN), will invest Taka 10 crore (around Rs 6.80 core) to set up an agro-food processing unit in Tripura. PRAN has been permitted by Bangladesh Revenue Board to invest 10 crore Bangladeshi Taka in the state, Chairman of Tripura …

India can turn wood, paper as major export items: FAO

New Delhi India has potential to make forest produce like wood and paper as major foreign exchange earner and UN’s Food and Agricultural Organisation (FAO) is ready to extend knowledge and technological assistance for the same, a top FAO official said on Thursday. “India can turn wood and paper as …

Milkfed seeks Centre’s nod for exporting milk products

Chandigarh: With milk products worth about Rs 225 crore lying with Milkfed, it has requested Chief Minister Parkash Singh Badal to ask the Centre to allow it to export certain milk products, it is learnt. During the past few months, Milkfed prepared 6,000 tonnes of dry milk powder of which …

MMTC inks supply pacts with Japanese, South Korean steel companies

State-owned trading giant MMTC has inked pacts with Japanese and South Korean steel companies including Posco, to supply 2.8 million tonnes of iron ore annually for a period of three years. "We have signed iron ore supply contracts with five Japanese firms and one South Korean company for a period …

Fisheries Act violated in Sivasagar

SIVASAGAR: At a time when indiscriminate fishing has caused rapid depletion of the local varieties in the region, a section of unscrupulous traders are thriving in Sivasagar sub-division and other parts of Sivasagar district. Fish production in the district has depleted to such an extent that the people have not …

Mind The Crease

Union agriculture minister Sharad Pawar is trying to re-establish his ‘farmer-friendly’ politician image but it’s been hard going with the flip-flop on commodity exports and rising farmer suicides. In April, he wrote to the prime minister criticising the government’s export policies for being “against the interests of the farming community”. …

U.S. slaps high tariffs on Chinese solar panels

The anti-dumping decision is among the biggest in U.S. history The United States, on Thursday, announced the imposition of anti-dumping tariffs of more than 31 per cent on solar panels from China. The move by the Commerce Department is certain to infuriate Chinese officials already upset after recent bilateral frictions …

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