India shows a sharp decline in soyabean production; exports might take a hit

Soybean-farming-courtsey-Cargill.jpg

Decline in the production of soyabean during October 2019-September 2020 has resulted in limited availability of seeds for crushing and lower soyameal production during the year, if the estimates by Soybean Processors Association of India (SOPA) are any indication. The production of soyabean meal also came down by 13 per cent to 65.71 lakh tonnes […]

Read more

Value addition of agricultural produce essential to raise export competitiveness, says APEDA chairman

Value addition and diversification are essential to increase export competitiveness and farmers’ income, Dr M Angamuthu, Chairman, APEDA, Ministry of Commerce and Industry, told a meeting organised by industry body FICCI. “Our farmers must get better farm income by doubling of exports. This is the right time to increase our productivity and diversify to value […]

Read more

India exported one third of its steel to China during the first six months of this fiscal FY21

web-Tata-Steel_Hille_Muller_205.jpg

China was the top foreign buyer of Indian steel between April and September 2020, government data showed, marking a rare rise in bilateral economic activity at a time of political tensions which have triggered some trade curbs. As per a Reuters report, China bought 1.9 million tonnes of finished steel from India, cornering 29 per cent of […]

Read more