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Business News |
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Banning FDI in Wholesale Tobacco Trade Approves Law Ministry |
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06-Jan-2012
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The law ministry has said it favours the commerce ministry’s move to ban foreign direct investment (FDI) in wholesale trading in tobacco. Currently, the manufacturing of tobacco and tobacco substitu.... |
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April-December 2011 Registered 23% Increase in Oilmeals Export |
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06-Jan-2012
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The export of oilmeals from the country during April-December 2011 is reported at 3,868,831 tonnes compared to 3,147,512 tonnes during the same .... |
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Rising Offshore Demand Raises Indian Rice Prices |
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06-Jan-2012
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The rice market continued its uptrend on Wednesday following strong demand for the wheat exports as it could lead to a rise in the prices o.... |
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Further Reduction in MEP for Onions Seeks Agriculture Ministry |
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06-Jan-2012
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The agriculture ministry has sought a further cut in the minimum export price (MEP) of onions, citing plummeting prices of the commodity due to a bumper harvest. The proposition, seeking a cut to $2.... |
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16.7 MT of Rice Procurement From States Registers 17% Growth |
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06-Jan-2012
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The government’s rice procurement drive for the current kharif marketing season has picked up pace during the last one month despite a decline in ri.... |
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Extension of Sugar Export Permit Deadline |
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06-Jan-2012
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The food ministry has granted one more month to sugar mills and factories to apply for permits against an export quota to better tap a slow rise in .... |
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Pressure on Coffee Exporters From Eurozone Debt Crisis |
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05-Jan-2012
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With the sovereign debt crisis in Europe showing no signs of letup, Indian coffee exporters are exploring newer regions in Asia like South Korea.... |
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India's Trade Likely to Reach $50 bn by 2014 With Latin America's Nod |
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04-Jan-2012
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| India's trade with Latin America could go up to $50 billion by 2014 on the back of projected high economic growth in both the regions, said a seni.... |
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Dip in Temperature and Exports to Pakistan Raise Tomato Prices |
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04-Jan-2012
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A spurt in exports of tomatoes to Pakistan and hardening of winter conditions have triggered a shortage of the staple crop in the national capit.... |
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