Government of India allows export of bio-fuels from special economic zones, EoUs
The government of India has allowed export of bio-fuels from special economic zones (SEZs) and export-oriented units (EoUs) with certain conditions, according …
India’s rabi acreage down by 16 per cent at 19.1 million hectares so far
According to data released by the agriculture ministry, area under rabi crops in India stands at 19.1 million hectares till now, down 15.9 per cent from a year …
Government of India withdraws duty free gold import for jewellery exporters
The Director General of Foreign Trade (DGFT) issued a public notice last week to discontinue duty free import of gold before exports. The move is meant to …
Domestic trade wants Indian government to include pulses in the country’s public distribution system
The India Pulses and Grains Association (IPGA) has asked the government to supply pulses through its public distribution system (PDS) to provide better price …
Rabobank, UN Environment agency announce new $1 billion partnership to kickstart climate smart agriculture
Rabobank and the UN Environment agency have announced the creation of a new $1 billion facility to finance sustainable agriculture using a combination of …
GST should boost India’s long-term growth prospects; short-term pain seen – Fitch
India’s new Goods and Services Tax (GST) will unify the indirect tax system and remove domestic barriers to trade, which should support productivity …
How increasing urbanisation is changing energy footprints
Twenty-five years ago there were only 10 urban areas in the world that could boast more than 10 million inhabitants. Now there are more than 35 so-called …
India approves new steel policy; govt projects to use only locally made steel and iron products
India has approved a new policy under which locally produced steel and iron products will get preference over imports in all government projects as part of a …
China’s central state enterprises to continue cutting overcapacity – report
China’s central government-administered state-owned enterprises (SOEs) have pledged to continue to cut overcapacity in key sectors, aiming to reduce …
India’s Economic Survey predicts GDP growth in 2017-18 at between 6.75 % and 7.5% post-demonetisation
The adverse impact of demonetisation on India’s economic growth will only be transitional, and the real gross domestic product growth in the 2017-18 …