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India Imposes 40% Export Tax On Onions To Quell Price Hikes
India will immediately impose a 40% export tax on onions by Dec. 31 to improve domestic supply of the vegetable, the finance ministry said in a notification on Saturday.
2023-08-21 -
India Agrees to Impose Import Quotas on Seven Important Food...
India has agreed to fulfill Bangladesh's request for import of seven important food commodities, including rice and wheat, subject to Bangladesh's assurance to import specified quantities within the stipulated annual quo...
2023-08-23 -
Global Onion Prices May Rise as India Imposes Export Tax on ...
India has imposed a 40% export tax on onions due to rising domestic prices of the vegetable, and analysts are considering the global impact, especially on major importing countries.
2023-08-23 -
India Bans Sugar Exports for First Time in Seven Years
India is expected to ban sugar exports from mills for the next season starting in October, halting shipments for the first time in seven years due to a lack of rainfall that has led to a drop in sugarcane production, thr...
2023-08-24 -
India Promotes Rice Exports to Boost Singapore's Food Securi...
With the upcoming ASEAN summit, India's "special relationship" with Singapore is in the spotlight as it allows rice exports to meet the Southeast Asian country's critical food security needs.
2023-08-31 -
Is India Exporting Food Inflation to the World?
India is a major player in the global agricultural trade, and erratic weather conditions - including the driest August in more than a century - have caused Indian food prices to soar by more than 11 percent.
2023-08-31 -
Palm Oil Purchases Take India's August Edible Oil Imports to...
India's edible oil imports rose 5 percent to a record 1.85 million tons in August, as refiners bought more than 1 million tons of palm oil for a second straight month to build up stocks for the upcoming festive season, d...
2023-09-05 -
Nvidia Founder: India Will Be the Largest Ai Exporter in the...
In the July 2023 quarter, NVIDIA reported a 100 percent increase in revenues to $13.5 billion and a more than nine-fold increase in net profit, largely due to increased demand for AI chipsets.
2023-09-13 -
To Reduce Dependence on China, Russia Turns to India for Alu...
Russia has stepped up imports of aluminum raw material alumina from India in recent months to supply its huge Siberian plant, a move that diversifies supplies from the sanctioned country, helping to reduce dependence on ...
2023-09-15 -
India To Reduce Floor Price Of Indian Aromatic Rice Exports
India will reduce the floor price of Indian aromatic rice exports in the coming days after millers and traders complained of a sharp drop in overseas sales of the premium aromatic grain.
2023-09-26
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