India’s exports rose to a five-month high of 11 per cent in March on account of higher growth mainly in pharma, chemicals and engineering sectors, marking the outbound shipments at $331 billion for FY 2018-19, official data showed. Merchandise exports in March 2019 stood at $32.55 billion as against $29.32 billion in the same month […]
Maharashtra’s grape farmers have had a good export season this year, with more than 1.91 lakh tonnes of grapes being exported this season and a 20 per cent rise in exports reported from the state. Till date, around 7,480 containers from various grape-growing regions in the state have been exported, a total of around 1.910 […]
Indian sugar mills have contracted to export 2.7 million tonnes of sugar since the current season began on Oct. 1, trade body All India Sugar Trade Association (AISTA) said. Mills have already shipped out 1.7 million tonnes of the sweetener, a top official of the All India Sugar Trade Association told Reuters. Indian mills have […]
India’s oilmeal exports during April 2018 to March 2019 is reported at 3,205,768 tonnes, up 6% as compared to 3,026,628 tonnes during the corresponding period last year, according to latest data compiled by the Solvent Extractors’ Association of India (SEA). The export of oilmeals during March 2019, provisionally reported at 263,817 tonnes compared to 261,308 […]
India’s economic growth in recent years has been driven by domestic demand and its exports were about one third of its potential, a World Bank official said, asserting that the next government needs to focus on export-led growth. Praising attempts to liberalise markets within India, Hans Timmer, World Bank Chief Economist for the South Asia […]
India’s basmati rice exports are likely to reach an all-time high of around Rs. 30,000 crore in FY2019 (previous high of Rs. 29,300 crore in FY2014), fuelled by considerable firming up of average realisations, strong demand from Iran and steady increase in paddy prices for three years in a row, credit rating agency ICRA said […]
With a good harvest expected this season, the country’s mango exports is expected to cross 50,000 tonnes. Last season, India exported some 40,000 tonnes. Mango exports to US have taken off in a big way with more than 1,000 tonnes expected to be exported this year, senior officials of the Maharashtra State Agriculture Marketing Board […]
Wholesale prices of grapes in Maharashtra are on a downward spiral, thanks to the heavy arrivals in the market and lack of demand from the North due to the prolonged cold weather. According to All India Grape Exporters Association, prices of grapes have gone down by nearly 30 per cent in the domestic markets to […]
The government’s target of doubling agriculture exports from the current base of a little over $30 billion by 2022 would not be easy to achieve because there were a host of inherent challenges that will make it difficult to push agriculture exports to a quantum leap growth trajectory in the near- to medium-term. said Ajay […]
Despite higher requests from customers, Saudi Arabia will be keeping its April crude oil exports at below 7 million bpd, a Saudi official told Reuters, signaling that OPEC’s biggest producer is set to do ‘whatever it takes’ to rebalance the market and support oil prices. Saudi Aramco will be keeping its crude oil exports this month […]