China’s CNPC halts Iran gas investment under U.S. pressure
State-controlled China National Petroleum Corporation (CNPC) has suspended investment in the giant South Pars gas field in Iran, following pressure from the …
India’s vegetable oil imports decline by 9 per cent in November 2018
India’s import of vegetable oils during November 2018 is reported at 1,133,893 (approximately 1.13 million) tonnes compared to 1,248,810 (1.24 million) …
Indian Tea Association inks pact with Chinese Tea body to boost shipments
The Indian Tea Association (ITA) has signed an MoU with China Tea Marketing Association for lifting the volume of black tea exports from here. India’s tea …
Government of India introduces export policy to boost export of agri products
The Government has formulated a comprehensive Agriculture Export Policy to consolidate the efforts for export of agricultural products. The objectives of the …
Fall in global Arabica coffee prices cripples India’s exports
India’s coffee exports are likely to remain inactive in the last quarter of the fiscal year, due to low global prices and an expected slump in prices of …
Iran loses market share in India as its Oil exports slump in November 2018
India’s oil imports from Iran dropped to a one-year-low in November, plunging by 41 per cent from October due to the U.S. sanctions, Reuters reported, …
Retail inflation declines to 17-month low in November 2018 at 2.33%
Retail inflation dropped to a 17-month low in November at 2.33 per cent, mainly on account of decline in prices of kitchen essentials like vegetables and …
Is UAE the new swing producer of crude oil in the middle east?
The United Arab Emirates (UAE) is now OPEC’s third-biggest producer, having surpassed Iran whose output has plunged below 3 million bpd with the U.S. …
Onion export down by 7% during April-August in Maharashtra; India’s exports however increase
Maharashtra the leading onion exporter has witnessed a drop of 7 per cent in export during April-August of the current financial year, while the national …
NAFED and FCI Oilseeds, Pulses procurement at extreme slow pace
Food Corporation of India (FCI) and National Agricultural Cooperative Marketing Federation of India Ltd (NAFED), which have a target to procure 33 lakh tonnes …