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Category: Business

Business

UAE suspends exports and re-exports of Indian wheat for four months

Posted on June 16, 2022 By admin
UAE suspends exports and re-exports of Indian wheat for four months

Workers carry sacks of wheat for sifting at a grain mill on the outskirts of Ahmedabad, India, May 16, 2022. | Photo Credit: Reuters The UAE has ordered a suspension of exports and re-exports of wheat and wheat flour originating from India for four months, the Gulf nation’s ministry of economy said on Wednesday. The…

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Business

Watch | Why is India exporting less sugar?

Posted on June 6, 2022 By admin
Watch | Why is India exporting less sugar?

India is the largest producer and . Till April this year, India produced 340 lakh tonnes of sugar, a 14% increase from the previous year.second-largest exporter of sugar after Brazil In the last five years, India’s sugar exports have seen a 200 times increase. Yet, for the first time in six years, India has announced…

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Business

Global wheat prices jump after India export ban and Ukraine war: Food and Agriculture Organisation

Posted on June 6, 2022 By admin
Global wheat prices jump after India export ban and Ukraine war: Food and Agriculture Organisation

Supply trucks loaded with wheat wait for unloading at a port in Kandla, in the western state of Gujarat, India, May 17, 2022. REUTERS/Stringer NO RESALES. NO ARCHIVES. | Photo Credit: Reuters The price of wheat has jumped in the international markets after India announced a ban on the export of the staple cereal and…

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Business

Explained | Why India, world’s largest producer of sugar, has put brakes on exports

Posted on May 30, 2022 By admin
Explained | Why India, world’s largest producer of sugar, has put brakes on exports

The story so far: A fortnight after it banned wheat exports, India announced restrictions on the export of sugar to keep a lid on prices in the domestic market. This is the first time in six years that the Centre has placed a restriction on sugar exports. In an order issued by the Directorate of General…

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Business

Explained | India’s rice fortification scheme and why it has experts worried

Posted on May 27, 2022 By admin
Explained | India’s rice fortification scheme and why it has experts worried

The story so far:  The Centre recently released a Standard Operating Procedure (SOP), or a set of guidelines, for the smooth implementation of its rice fortification distribution scheme, days after a fact-finding team alleged that fortified rice was being distributed in Jharkhand without the consent of beneficiaries. In a report published on May 16, a…

Read More “Explained | India’s rice fortification scheme and why it has experts worried” »

Business

Govt. amends curbs on wheat export

Posted on May 17, 2022 By admin
Govt. amends curbs on wheat export

Labourers loading wheat at APMC wholesale market outskirts of Ahmedabad on May 17, 2022.  | Photo Credit: Vijay Soneji The Centre has amended its wheat export ban order of May 13 to allow export consignments that were registered in the Customs Department’s systems and handed over for examination on or prior to May 13 to…

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Business

Tomato at over ₹100 a kg unnerves customers in Andhra Pradesh

Posted on May 14, 2022 By admin
Tomato at over ₹100 a kg unnerves customers in Andhra Pradesh

Arrival of tomato stocks at Madanapalle market in Annamayya district dipped on Saturday. | Photo Credit: The price tag of tomatoes, which was ₹60 a kg last week at the vegetable markets in Rayalaseema districts, all of a sudden jumped to an unnerving ₹100-plus on Saturday. The stocks are the first and second-grade varieties obtained…

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Business

Women-led agri-tech start-ups win big

Posted on May 13, 2022 By admin
Women-led agri-tech start-ups win big

Two Maharashtra-based agri-tech start-ups, both led by women, grabbed the top two spots in The/Nudge Institute and Cisco Agri Challenge. | Photo Credit: The Hindu Two Maharashtra-based agri-tech start-ups, both led by women, grabbed the top two spots in The/Nudge Institute and Cisco Agri Challenge organised with support from the office of the Principal Scientific…

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Business

Farmers want delinking of crop loan from CIBIL score

Posted on May 6, 2022 By admin
Farmers want delinking of crop loan from CIBIL score

Deputy Commissioner Bagadi Gautham interacting with farmers at a meeting in Mysuru on Friday. | Photo Credit: M.A. SRIRAM Farmers want agricultural loan to be de-linked from CIBIL score as it is a hindrance to securing financial advance or assistance to take up farm-related projects. The score generated by Credit Information Bureau (India) Ltd. has…

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