After West Bengal’s restrictions on imports from Bangladesh, Dhaka retaliates by stopping Indian trucks

As a retaliation against tighter scrutiny of Chinese goods by Indian Customs, Bangladesh has started hitting back against Indian supplies through the Petrapole border in West Bengal since Wednesday. The move is purportedly in response to a decision by the West Bengal authorities to retain restrictions on imports from Bangladesh via Petrapole to contain the […]

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India’s trade deficit with China reduces to $48.66 billion in FY20

India’s trade deficit with China fell to $48.66 billion in 2019-20 on account of decline in imports from the neighbouring country, according to government data. Exports to China in the last financial year stood at $16.6 billion, while imports aggregated at $65.26 billion, the data showed. The trade deficit between the countries was at $53.56 […]

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Logistics and disruptions in supply raise price of agro- commodities: CRISIL

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During the past three months during Covid-19 induced lockdowns, retail prices of agricultural commodities have jumped sharply on account of supply chain disruptions. Data compiled by the Union Ministry of Consumer Affairs, Food and Public Distribution showed retail prices of almost all commodities jumped in the past three months till June-end in both Mumbai and Delhi. Though […]

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Agritech startups innovating rapidly to connect with farmers

Agritech startups in India are innovating and making multiple changes to their processes to maintain connections with farmers, during the pandemic crisis. The startups, which have been working on helping farmers improve productivity, are helping farmers with access to raw materials and farming equipment. Some of them are also streamlining supply chain for better demand […]

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Government confident India’s fuel demand will return to pre-COVID levels: Pradhan

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Fuel demand in India, the world’s third-largest oil importer and third-largest oil consumer, is set to rebound to pre-crisis levels by the end of September, Oil and Petroleum Minister Dharmendra Pradhan said at the virtual Bloomberg-NEF Summit in New Delhi.   India’s fuel sales in June reached 88 per cent of the pre-COVID-19 levels as easing of lockdown […]

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