India to facilitate onion imports for quick supply as domestic prices rise

DSC_0973.jpg

The Department of Consumer Affairs (DoCA) through an inter-ministerial committee has again reviewed the prices and availability of onions. During the meeting it was informed by officials that supply disruptions are mainly due to rain and two cyclones and it is expected to improve in the coming days. With supplies running short and onion prices […]

Read more

India says big no to RCEP as market access and tariff concerns not answered

PM-RCEP.jpg

India has decided to not join the 16-nation Regional Comprehensive Economic Partnership (RCEP) trade deal on grounds that its key concerns over the agreement have not been addressed.  Prime Minister Narendra Modi said in Bangkok that the current form of the RCEP Agreement “does not fully reflect the basic spirit and the agreed guiding principles” […]

Read more

Tata Power, Rockefeller Foundation float dedicated arm to tap rural India opportunity

tata-power.jpg

Pwer major Tata Power has decided to float a dedicated micro-grid arm to tap the renewable opportunity in the rural India in partnership with the Rockefeller Foundation. The Rockefeller Foundation recently initiated the Global Commission to End Energy Poverty (GCEEP) programme to fast-track sustainable power solutions, investments, and partnerships globally over the next decade. This […]

Read more

India’s poultry sector opposes bilateral treaty with US amid fears of cheap imports

chicken-farm.jpg

The Indian poultry industry is strongly opposed to the government’s proposed move to sign the bilateral treaty with the United States amid fears that cheap imports from the US after the treaty will lead to closure of lakhs of domestic chicken farms and processing units, thereby rendering about 4 million people jobless, reports Business Standard. […]

Read more

GJEPC sees India’s gems & jewellery exports falling 7% in FY20 on high gold prices

IMG_20170114_160113.jpg

India’s gross exports of gems and jewellery sector are expected to decline 5-7 per cent in FY20 as compared to the previous financial year, on account of global downturn and rise in gold prices which has affected domestic demand. As per the Gems and Jewellery Export Promotion Council (GJEPC), net exports of the sector declined 5.32 per cent to […]

Read more

Garlic prices surge sharply as rain hits supply; onion bounces back

garlics.jpg

After onions, the prices of garlic have jumped sharply over the last one month on lower availability of last year’s crop ahead of the commencement of winter sowing which raises hopes for increase in acreage this year. Data compiled by Nashik-based National Horticultural Research & Development Foundation (NHRDF) shows garlic prices have more than doubled in the last one […]

Read more