The 5th edition of World Coffee Conference, the biggest event of the global coffee industry, will be hosted in India next year in Bengaluru. Organised by International Coffee Organization (ICO), which operates under the aegis of the United Nation and has 78 member countries, the event will be held from September 7th to 9th 2020. The Ministry of […]
India, one of the world’s biggest agricultural producers, experienced its heaviest monsoon rains in 25 years this year. While rain would normally cheer the agricultural heartland, the monsoon was erratic and has left many crops damaged. India is the world’s biggest producer of sugar, cotton and pulses and the second-biggest producer of wheat and rice. […]
The United States Department of Agriculture (USDA) estimates India cotton production for 2019/20 at 30.5 million 480-pound bales of 170 kg each, up 3 per cent from last month and up 15 per cent from the previous year. The increase is based on improved weather conditions and record planted area in the major cotton regions […]
Signs of economic slowdown became more pronounced as the government data last week revealed factory output shrank by 1.1% in August, recording the poorest performance in seven years due to a sharp decline in production of capital goods and consumer durable. Industrial production growth for the first time in more than two years has treaded into […]
India will cover five more African countries in the second phase of its cotton technical assistance programme (TAP) for the region, Union minister Smriti Irani said on Monday. India implemented a technical assistance programme (TAP) for cotton in six African countries, namely Benin, Burkina Faso, Chad, Malawi, Nigeria and Uganda, from 2012 to 2018. India […]
India’s gold imports plunged 68 per cent year on year in September to their lowest in more than three years as record domestic gold prices curbed retail buying, reported Reuters last week. Lower imports by the world’s second biggest consumer could cap gains in global prices that are trading near their highest level in over six years, […]
With export deals signed for some 1.5 lakh tonne of sugar at the start of the season, the Maharashtra State Cooperative Sugar Millers Federation has urged millers in the state to export as much sugar as possible in the upcoming season of 2019-20. The National Federation of Cooperative Sugar Mills, too, has been advocating sugar […]
Delays in auctions of mining leases that are due to expire in March 2020 are threatening to disrupt the country’s production of the key steel-making raw material and raising the prospect of higher imports, according to the Federation of Indian Mineral Industries. The industry group isn’t alone in its prognosis. Citigroup Inc. last month forecast […]
India exported 12.51 lakh tonnes of oilmeal during the first six month period of 2019-20 financial year, declined 17% from 14.99 lakh tonnes reported in the same period last year, as per the data compiled by the Solvent Extractors’ Association of India (SEA). According to the data, the sharpest fall is seen in the soybean […]
Indian miners are lobbying against a government proposal to link a new coal index to international prices, documents reviewed by Reuters show, which could delay creation of the index. India plans to create a national coal index to end state-run Coal India’s control over prices and privatise the coal sector, as the energy-hungry nation for […]
