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 …
MANGO exports are likely to rise to 1 million tonnes this year, against an estimated export of 80,000 tonnes last year. The growth in the fruit's export is expected to be driven by Indian mangoes' growing acceptance in the world market for its quality, opening up of Japan's market in …
As global prices escalate, Argentina plans to quintuple production of soyabean diesel by 2010. It will dramatically change agriculture and the environment.
The growth of agriculture is not commensurate with other sectors of the Indian economy. The growth in agricultural sector has declined from 3.7 per cent during early reforms period (1991-92 to 1996-97) to 2.5 per cent per annum during Ninth and Tenth Plan (1997-98 to 2006-07) periods, while growth of …
NEW DELHI: The Centre, battling shortage of food grains and double-digit inflation, got a significant relief on Monday from the Supreme Court, which imposed an interim ban on further export of non-basmati rice. This interim order came on the Centre's petition questioning the decisions of various high courts to allow …
the run-up to the high-level conference on food security in Rome promised a substantial shift in agricul-tural outlook, given host Food and Agricultural Organization
ANIKET ALAM In the last week of April, India announced a us $5.4 billion credit to African countries for developing their infrastructure and meeting other development goals. This five year package also included duty free imports from 50 Least Developed Countries, of which 34 are in Africa. The government also …
This paper attempts to analyse the current global crisis in the availability and prices of rice by drawing upon the long-term developments in the rice market. The instability and thinness in the world rice markets are shown to be mainly due to the predominantly precautionary export policies of major exporting …
T. Ramakrishnan To make available reasonable quantity of cotton for domestic market Karunanidhi writes to Manmohan Recommends 75-80 lakh bales export ceiling CHENNAI: Concerned at the continued rising prices of cotton and yarn, Tamil Nadu has suggested to the Union government to introduce the system of quantitative restriction on export …
In the wake of constant rally in the prices of raw cotton, the textile industry has demanded an immediate ban on cotton exports as well as removal of 10 per cent Customs duty and 4 per cent additional Customs duty on the imports of the commodity for the current year. …
Bishnu Dash Iron ore exporters in Orissa want the Centre'to exclude transportation cost from the 15 per cent ad valorem duty impose last month. Exporters argue that the transportation cost accounts for more than 60 per cent of the total value of iron ore exports. Earlier, a specific duty of …
'MAULIK PATHAK Ahmedabad, 18 June Gujarat's Saurasthtra region seems to be turning into a hotbed of illegal bauxite exports. ' Senior officials in the Commisionerate of Geology and Mining Department fear that 10.5-11 million tonnes bauxite worth Rs 1,200 crore was illegally exported from the region in 2007-08 fiscal. On …
Agriculture and food minister Sharad Pawar has said the restrictions imposed on export of major foodgrain are not permanent and the government could lift the ban once the supply situation improves. "I am confident that prices will go down and in such a situation we don't want to continue with …
India needs to diverse its mineral export basket and intensify exploration activity with a suitable incentive framework to attract private sectors foreign investments, says a study by Export-Import Bank of India (Exim Bank). According to the study titled Exploration holds the key for Growth in India Mineral Sector, the growth …
India withdrew a tax benefit on the export of cement, a day after the government said producers of the building material are entitled to the incentive. The tax break allows duty-free imports of raw materials equivalent to the value of exports, under a system called the duty entitlement pass book …
India is facing growing pressure from African countries to exempt them from export ban on rice implemented by New Delhi to curb domestic food price inflation. The pressure illustrates how efforts by large producers such as India to control a sharp rise in food costs are hurting poor nations and …
Government is believed to have decided to impose 15% export duty on iron ore, used for making steel, which has seen a 50% increase in prices since January, thereby fuelling inflation. The decision was taken at the meeting of the Committee of Secretaries (CoS) on May 30, a highly placed …
THE Union government is "looking into" the issue of banning iron ore exports as demanded by the steel makers, Steel Secretary R S Pandey said today. "The issue was being looked into by the government," Pandey told reporters on the sidelines of a function here. Expressing concern over lagging steel …
South Indian rice varieties, which the government intended to promote in overseas markets, have fallen prey to the export ban on non-basmati rice, traders and industry officials said. The government had accorded geographical indications (GI) status to two rice varieties from Kerala