China is hitting Indian spices extraction industry where it hurts

China is slowly gaining dominance in the spices extraction industry by employing restrictive trade practices against Indian companies operating in China. India is a dominant global player in spices extraction business. Oleoresins are a natural mixture of essential oils and resin extracted from its plant and help in adding flavour or colour to food and […]

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India’s sugar production likely to go up 12% to 30.5 million tonnes in Sugar Year 2021: ICRA

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The domestic sugar production is likely to go up by 12 per cent to 30.5 million tonnes during the sugar year 2021, beginning October, due to availability of sugarcane in Maharashtra and Karnataka, according to an ICRA report. This forecast is after adjusting for the impact of the diversion of B-heavy molasses and sugarcane juice […]

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Miners urges government to withdraw curbs on iron ore sale in Karnataka, India

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The community of mining dependents in Karnataka have urged the government to remove restrictions on iron-ore sale from the state, saying it will help create additional one lakh jobs in the mining sector and bring great relief amid COVID-19 crisis. Karnataka Gani Avalambithara Vedike (KGAV), which represents mining dependents, lauded Prime Minister Narendra Modi’s ‘Vocal […]

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Rebound in Indian iron-ore exports to China provides silver lining amid tensions

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Amid the India-China border tensions that have rattled trade sentiment, Indian iron-ore exports to its neighbour have been quietly making a strong comeback despite the Covid-19 pandemic and border tensions, underscoring the unrealised potential value for business. India, upset with Beijing over a July border conflagration in Ladakh in which 20 Indian soldiers were killed, is […]

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ISMA projects India’s sugar output to rise by over 17% to 32 million tonnes in 2020-21

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Sugar output in India, the world’s second largest producer after Brazil, is expected to increase by 17.69 per cent to 32.01 million tonnes during the season beginning October 2020 on likely higher availability of sugarcane for crushing, industry body Indian Sugar Mills Association (ISMA) said. The country’s sugar output has reached 27.02 million tonnes (MT) so far in the ongoing 2019-20 season […]

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India’s Ministry of Agriculture distributes 1.78 lakh tonnes of pulses to 13.4 crore beneficiaries in States/UTs under PM-GKY

The Ministry of Agriculture & Farmers Welfare has distributed Rs.19,350.84 crore worth of food grains to 9.67 crore farmers during lockdown period under Pradhan Mantri Kisan Samman Nidhi Scheme, says a Press Information Bureau press release. “Under the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) Scheme during the lockdown period from 24.3.2020 till date, 9.67 crore farmers have […]

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Vashi APMC near Mumbai opens with new arrangement

A week after complete shutdown, Vashi Agricultural Produce Market Committee (APMC) is finally opened on Monday with a limited entry of farmers, traders, stockists, arhatiyas, and consumers. In a meeting of all mandi stakeholders including the government officials held on Saturday, it was decided that vegetables, grains, and masala market will open from Monday while […]

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