U.S. warns the world including India against buying Venezuelan oil
U.S. National Security Advisor John Bolton has warned countries and companies against buying crude oil from Venezuela, after the Latin American country’s Oil …
India’s soybean output to increase by 38% this year on higher yields
India’s soybean output is likely to rise significantly by 38 per cent this year on a sharp increase in average yield across the country, following …
India’s gold imports jump 64% in January despite prices hitting 5-year high
Gold imports to India rose last month despite local prices trading near the highest in more than five years, as jewelers start to restock for the wedding …
US, Canada accuse India of misreporting Minimum Support Price on pulses at WTO
US and Canada have accused India at the World Trade Organization (WTO) of “dramatic under-reporting” of market price support for pulses. The five pulses …
India’s cashew kernel exports may fall 20% in FY19: CEPCI
India’s exports of cashew kernels and allied products may fall 20 per cent to Rs 4,800 crore this fiscal due to lower volumes, industry body CEPCI said …
Saudi Arabia needs $80-85 per barrel oil price to balance its 2019 Budget: IMF
OPEC’s biggest producer Saudi Arabia would need oil prices at US$80-85 per barrel in order to balance its 2019 budget, Jihad Azour, Director of the Middle …
US FDA cracks down on India’s shrimp shipments over banned antibiotics
Barely a month after bringing shrimp under the purview of the Seafood Import Monitoring Program (SIMP), the US Food and Drug Administration (FDA) has cracked …
Indian exports to China surge in wake of US-China trade war; agri-exports to China increase by 70% till Nov 2018
The tariff war between the US and China has helped India increase its exports to China. During the June-November 2018 period, exports to the neighbouring …
India’s crude steel output declines 4% to 8.99 million tonnes in January 2019
India’s crude steel production fell by 3.84 per cent to 8.995 million tonnes in January 2019, according to the Joint Plant Committee (JPC). The fall is …
USDA lowers corn and soybeans domestic stocks of its last forecast
The USDA has tightened the domestic balance sheets for soybeans and corn in the first major set of numbers since the US government shutdown. Corn ending stocks …