OPEC, Russia extend record oil cuts to end of July
OPEC+ demans Nigeria and Iraq , which exceeded production quotas compensate with extra cuts.
India allows additional 3,569 tonne sugar exports to US
India, the world's second-biggest producer and the largest consumer of sugar, has a p...
No quota allocated for yellow pea imports
The government has not allocated any quota for import of yellow peas this year because of bumper pr...
Sugar, pulses, edible oil players expect sales revival in June after slump in May
Sales of pulses had slumped to 300,000 tonnes in May against the normal monthly average of two million tonnes.
Commerce ministry cuts import quota for green peas
Last year, the quota for import of yellow and green peas was 1.5 lakh tonne. According to a trade public notice of the Directorate General of Foreign Trade (DGFT), there is no quota for import of yellow peas for the current fiscal.
View: Treat President Trump’s G10 invitation as a poll gimmick
As a grouping that reflects global economic heft, it certainly is; that is why, in the wake of the global financial crisis, outgoing US president George Bush convened a meeting of the leaders of the world’s 20 largest economies, the grouping that got dubbed as the G20.
Govt lays down quota allocation procedure for calcined pet coke import for 2020-21
In October 2018, the government permitted imports of certain quantity of pet coke, used for fuel purpose, for anode making by the aluminium industry.
India's 2020-21 pulses import may fall by 50% if government doesn't extend import quotas, says IPGA
As Indian government struggles to support the domestic pulses farmers who are getting non-remunerative prices due to the second consecutive year of bumper production, trade body Indian Pulses and Grains Association (IPGA) has claimed that large scale smuggling of pulses from neighbouring countries is hurting the interests of domestic farmers and traders.
It's time to get over the obsession with tur and rajma & rediscover the versatility of dals
It's high time we started savouring locally grown pulses like lobia and horse gram.
Government to make statement on SC ruling on quota in promotion
The government will make a statement in Lok Sabha on the Supreme Court ruling on reservation in promotions for SC/STs.
World food prices fall sharply in April because of coronavirus: UN food agency
The Food and Agriculture Organization (FAO) food price index, which measures monthly changes for a basket of cereals, oilseeds, dairy products, meat and sugar, averaged 165.5 points last month, down 3.4% on March.
India allows additional 745 tonne raw sugar exports to US
India enjoys duty-free sugar exports to the US for up to 10,000 tonnes annually under preferential quota arrangement. India, the world's second biggest producer and the largest consumer of sugar, has a preferential quota arrangement for sugar export with the European Union as well.
Pulses import quota for processors likely to be raised
The additional quota can be over 7-8 lakh tonne for tur only, said a trader in Delhi.
Domestic and export prices of sugar fall due to COVID-19 scare
The export price of white sugar, which was $425/tonne on February 24, has now come down to $355/tonne, while the price of raw sugar has declined from 15.3 cents per pound to 11.70 cents per pound during the same period.
1778 dal mills to import 2.50 lakh tonnes of urad from Myanmar by March 31
Earlier, the government had allowed import of 1.50 lakh tonnes, which was increased by another 2.50 lakh tonnes on December 19, 20119. The government has kept import of pulses open for only dal millers, who are the actual users of unprocessed pulses. The mills were asked to apply with the quantity they wanted to import till December 30.
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