By the UAE government, on the gold Jewellery an import duty of 5% was levied by which from India to UAE, there is sharp of fall of 56% in gold Jewellery export. As per the data made by the Gems and Jewellery Export Promotion Council (GJEPC) which shows that Indian gold Jewellery consignments sent to […]
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Three-Time Increase Has Been In January For Indian Steel Exports
This January 2017, there has been seen a three-time rise in Indian steel export as compared to January 2016. In this January, from 0.274 million tonne to 0.889 million tonne the exports increased as compared to last January. Because of the support of the government this hike in steel export in form of many trade […]
As local crop estimated to be less India may import more wheat
As the local domestic supplies and inventory are falling, the wheat crop of India might turn out less than the estimates of the government, more of the grain may be imported by the trader. As per a report made by Bloomberg, in the crop year 2016-17, with a few traders has given out a median […]
As international prices increase, Coffee exports riseg
About 15 % of volume Indian coffee export has increased since January 2017 due to hike in demand in the international market and set back in coffee production by Brazil when compared with the export a year ago and because of the weather conditions. As per a data by Coffee shows that from January 1 […]
Grapes boost the fruit exports by 40%
In between April-December 2016, the fresh fruit export of India, boosted by high grape export, has increased by 40%. The main reasons behind this sudden increase in exports of fresh fruits are lower production by competing countries and the country’s bumper produce. Regarding the fruit exports, Apeda (Agricultural & Processed Food Products Export Development Authority) […]
In Jan by 22% India’s Coal import falls
During January 2017 the coal imports of India fell by 22% and reached to 14.31 million tonne in compared to the figure of 18.28 million tonnes in January 2016. Because of fall in demand from the discoms, this is the main reason as they had enough coal in inventory. On further reducing the dependency on […]
To ease import regulations India requests the US
For easing out the phytosanitary standards, the government of India has asked the US government that are impacting the mango export from India to the USA. Indian fruit consignments Many times recently rejected due to some incidents and returned back on the grounds of not following the phytosanitary norms set by the US. Before acceptance, […]
Basmati rice exports of India impacted by Iran’s currency crisis
As the Islamic country is showing hesitation to use USD for bilateral trading, Indian Basmati rice exports to Iran are affected because US president Donald Trump last month regarding the non-nuclear ballistic missile testing, ad put sanctions on 13 Iranian citizens and 12 organisations for the support to the country. Oil dues paid by Indian […]
To restart the export of pulses India Pulses and Grain Association ask the government
To allow the pulse export from the country again, India Pulses and Grain Association (IPGA) have asked the government. The country’s body of pulse and grain traders is IPGA. On export of pulses from the country, IPGA has asked the government for removal of the ban. The farmers’ incomes would be impacted by this request […]
Electronics imports rise by 26% Rs 26,757 Cr, exports fall by 10% in January
In the month of January, India’s electronics imports rose by 26% and reached Rs 26,757.59 crore and reaching Rs 3,162.73 crore, the exports fell by 10%, said by an estimation made by the ministry of Commerce. In January 2016, the electronics exports were at Rs 3,526.13 and imports were at Rs 21,220 crore. Because the […]
