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Posted in Economy

India likely won’t export sugar for years as El Nino, ethanol squeeze supply

MUMBAI: India, once the world’s second-largest sugar exporter, is expected to have little surplus for export for at least three more seasons as El Nino…

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Posted in Economy

Basmati prices may fall 5–10% as Strait of Hormuz closure hits exports

Kolkata: Iran’s announcement of closing the Strait of Hormuz to shipping is expected to impact both the basmati rice and tea exports from India. Basmati…

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Nearly 12 ships carrying fertiliser cross Strait of Hormuz

New Delhi: Around 10-12 of the 16 fertiliser cargo vessels stranded near the Strait of Hormuz crossed the waterway before Iran claimed to have shut…

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Govt A/Cs: PSBs Told to Tighten Scrutiny
Posted in Economy

PSBs told to tighten scrutiny of government accounts amid fraud concerns

New Delhi: The finance ministry has asked public sector banks to enforce tighter safeguards for curbing fraud incidents involving government accounts. It further directed banks…

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Posted in Economy

FTA map: Mega FTA wave to bring 60% of India trade under preferential regime

With India’s key trade deal with the UK set to come into effect next month, a similar pact with the EU expected next year, and…

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UK FTA calls for standards upgrade: Experts
Posted in Economy

UK FTA calls for standards upgrade: Experts

New Delhi: Indian exporters will have to upgrade product standards and align their goods with British regulatory requirements to take full advantage of the India-UK…

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Exports up 15% despite global headwinds: Commerce and industry minister Piyush Goyal

New Delhi: India’s merchandise exports increased about 15% year-on-year between April-June 14 despite global economic uncertainties, commerce and industry minister Piyush Goyal said on Sunday….

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India remains ADB’s largest private sector market; lender eyes USD 1 bn direct support in 2026

New Delhi: India continues to be the largest market for the Asian Development Bank‘s private sector operations, with the multilateral lender expecting to provide about…

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India, US to hold ministerial-level talks on bilateral trade pact this week

New Delhi: US Trade Representative Jamieson Greer and Commerce and Industry Minister Piyush Goyal will hold two-day talks this week on the first phase of…

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India-EU trade pact to be signed by Dec; implemented from Feb-Mar next year: Goyal

New Delhi: India and the 27-nation European Union will sign the free trade agreement by December and are likely to implement the pact during February-…

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