Gem and jewellery exports declined 16.26 per cent to $2,826 million during June 2019 from $3,375.17 million during the same month last year. Exports during the first quarter of FY20 declined by 10.38 per cent to $9.18 billion from $10.25 billion during the same period last year. Experts say that the trend seen in first quarter is […]
Marine fish catch in India during 2018 dropped by 9 per cent due to a sharp decline in oil sardine catch, state-run Central Marine Fisheries Research Institute (CMFRI) announced last week. The annual fish landing data released by the institute reveals that the catch of oil sardine from Indian coasts suffered a decline of 54 […]
By Biman Mukherji Indian gold demand have started to sag following a recent run up in prices to record highs, exacerbated by the recent budgetary hike in import duty to 12.5% from 10%, dealers said. Prices of gold in key markets are currently quoting at a 1.5% discount to the landed price because of “slow […]
Global food prices declined marginally in June 2019, as lower prices of dairy products and vegetable oils more than offset a significant jump in maize quotations, and are now very close to their level of a year ago, according to a report by the Food and Agriculture Organization of the United Nations released today. The […]
Announcing the union budget 2019-20, India’s Finance Minister Nirmala Sitharaman said India needs to make structural reforms to create a $5 trillion economy in the next few years. Presenting the first Budget of the second term of Prime Minister Narendra Modi’s government, she said the Indian economy that stood at $1.85 trillion five years back […]
By Biman Mukherjee Delayed monsoon rains that have worsened fears of rural distress in India and upcoming elections in key states might tempt the government to offer many welfare programs for farmers in the upcoming national budget on Friday. But their cause will be better served by strengthening a creaking agriculture supply chain, say experts. […]
With the progress of monsoon still remaining sluggish, 84 per cent of the meteorological subdivisions have recorded deficient rainfall, MeT department data shows. According to the Central Water Commission data, of the 91 major reservoirs in the country, 80 per cent have storage below normal. Of these, 11 have zero per cent storage, making the […]
Global demand for natural gas is set to keep growing over the next five years, driven by strong consumption in fast-growing Asian economies and supported by the continued development of the international gas trade, the International Energy Agency (IEA) said. Demand for natural gas grew 4.6% in 2018, its fastest annual pace since 2010, according […]
It would seem that even the gods are conspiring against the poor Indian farmer. If one year of scanty monsoon was not bad enough already, a delay in the arrival of the seasonal rains this year is going to hit them harder. Typically, the monsoon rains set in over southern India by end-May, but it […]
Few things would have probably given Prime Minister Narendra Modi as many sleepless nights prior to elections as how to please farmers, who say the demonetisation program has hurt their incomes. As he prepares to start a new five-year term after his party’s stunning election victory, he still has a tall unfinished agenda on that […]
