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 …

Australia Opposition rakes up India uranium sale issue

Australia's Opposition parties today questioned Prime Minister Julia Gillard's plans to reverse a ban on uranium exports to India and her snubbing of foreign minister Mr Kevin Rudd on the matter. The Opposition raised the issue during question time in parliament, asking both Ms Gillard and Mr Rudd to speak …

Goa miners, ore exporters admit to illegal mining

Several months into the Goa mining scam, miners and ore exporters here have admitted to illegal mining and exports, but have said that a ‘possible ban’ on exports can never be a solution. The Goa Mineral Ore Exporters Association (GMOEA), which is an industry body of most Goa’s big mining …

PMFAI files interim application

The Pesticides Manufacturers and Formulators Association of India (PMFAI) filed an interim application in the Supreme Court seeking permission to export the existing stock of endosulfan formulations.

Orissa CM reiterates demand for ban on iron ore export

Chief Minister Naveen Patnaik has reiterated his demand for an immediate ban on export of iron ore while calling for levying of mineral resource rent tax of 50 per cent on iron ore of the surplus rent on private mine owners. Referring to his letter dated August 30, Naveen, in …

Sharad Pawar's political clout drives farm exports

When it comes to food exports from one of the world's biggest consumers, Agriculture Minister Sharad Pawar often holds the trump card with his four decades of experience and pivotal position in the coalition government. This week, he's likely to push for at least 500,000 tonnes of sugar exports, ploughing …

Fall of the paragon

Century-old teak plantation business loses ground in India because of poor management and short-sighted policies.

FDA Seeks Beijing's Help Over Food Safety

U.S. food and drug regulators are requesting Beijing's help in implementing a new food-safety law requiring stricter oversight of exported food, a sign of China's growing importance as a food exporter for Americans. Drums of apple juice concentrate are stored at athe China Haisheng Juice Holdings Co. facility in Xian, …

NMDC not to renew ore export contracts

State-run National Mineral Development Corporation (NMDC) has decided against renewing iron ore export contracts with Japan and South Korea until the situation arising out of the Supreme Court’s ban on ore exports from Karnataka is back to normal. In a recent meeting convened by steel minister Beni Prasad Verma, the …

Discussion paper to facilitate stakeholder consultation on potential reform of the SEZ policy and operating framework

The SEZ sector has grown significantly since the enactment of the SEZ Act 2005 and Rules in 2006, in terms of the number of SEZs, investment attracted, and employment and exports generated. While these achievements are irrefutable and significant, a comprehensive analytical assessment of the performance of the sector and …

Floods likely to damage quarter of Thai rice crop, exports to be hit

Thailand may lose a quarter of its main rice crop in the nation’s worst flooding in decades, the government estimates, which could boost prices of the staple and further squeeze shipments from the world's top exporter. The flood damage to rice comes at a time when Thailand, which accounts for …

Floods may damage quarter of Thai rice crop, exports hit

Thailand may lose a quarter of its main rice crop in the nation’s worst flooding in decades, the government estimates, which could boost prices of the staple and further squeeze shipments from the world’s top exporter. The flood damage to rice comes at a time when Thailand, which accounts for …

Odisha, ports resolve to share info on raw material export

Bhubaneswar: In a fresh effort to curb illegal mining activities in the state, the Odisha government and officials of different ports on Tuesday resolved to share information regarding mineral exports on regular basis. Authorities of Haldia and Vishakhapatnam ports today agreed to share information on export of minerals through their …

Govt mulls linking job scheme with farm productivity

Decision on rabi MSP soon: The Cabinet is expected to take a decision on the MSP of rabi crops, including wheat, soon. Sharad Pawar said his ministry had already forwarded its recommendations on the basis of suggestions given by the CACP. “It (decision on MSP) is expected at the earliest,” …

Rising export prices from China add inflationary pressure to India

There is a China hand in India's inflation, one important reason why the steady rise in interest rates may not be cooling the high inflation. About 25% of imported inputs that go into manufacture of goods produced locally are imported from China. In addition, a third of consumer goods imported …

Honey trade just got stickier

AT A time when Indian honey is under the scanner for allegedly re-exporting cheap and poor quality Chinese honey, a private firm has become the first in the world to bag the True Source Honey (TSH) certificate. The certificate, a US industry initiative, is the authentication of the origin of …

Mining Bill needs Refining

Anew draft Bill holds much promise to augment the development delivery mechanism. It is the new mining Bill, 2011, which has specific provisions for earmarking funds for development purposes in the mineral-rich districts that happen to be the regions with high poverty ratios. Revamped mining legislation can boost transparency in …

Mining scam: Goa govt told to furnish data on iron ore exported through Mormugao port

Armed with a report prepared by the former Karnataka Lokayukta on illegal mining, the Union Ministry of Mines has asked the Goa Government to furnish data on the allegations that the Mormugao Port Trust (MPT) used to export iron ore even as the neighbouring state had banned the activity. Officials …

Indore SEZ witnesses tremendous rise in exports, records 33% growth

Indore SEZ is the only Green Field Multi-product SEZ in India that has witnessed a tremendous rise in exports as compared to the last year.In the year 2010-11, the export from Indore SEZ has been recorded at Rs 1,242 crore, compared to Rs 494 crore during the previous year. During …

Steel ministry demands total ban on chrome ore exports

Concerned over the depleting reserves of chrome ore, the steel ministry has demanded a complete ban on its exports. The ministry warned that the country may soon run out of the costly steel-making input if it failed to plug exports. Since India has barely 1 per cent of the world’s …

Mining illegality

Illegal mining in Goa calls for urgent steps to expose the extent of the violations as well as a stronger law. (Editorial)

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