Exports

Senegal as an LNG exporter? stranded asset risks in the transition

Since the discovery of large offshore oil and gas reserves in 2014, Senegal has set its hopes on fossil fuel export revenue to help fund its plans to become an emerging economy by 2035. Senegal is actively seeking investors to help develop its offshore oil and gas reserves – both …

Maruti to raise its export target

On the back of huge export volumes for its compact car A-Star, designed specially for the European markets, auto major Maruti Suzuki is targeting to increase its export sales to grow at more than 85 per cent to 1,30,000 units during the current fiscal. The company is targeting to export …

Mango exports may fall on low output

Kalpesh Damor & Siddharth Kalhans / Ahmadabad/ Lucknow May 6, 2009, 0:53 IST Reasons: Pest attack, adverse climate, global recession Mango ouput may fall by almost 20 per cent since the crop suffered damages this year. Initial estimates by the agriculture ministry suggest that crop output may be lower by …

Germany Predicts 6% Shrinkage in Economy

Blaming a drastic slump in exports, the German government on Wednesday predicted a 6 percent contraction in its economy this year, and warned that other countries in the euro zone may not be able to stay competitive as the downturn drags on. Germany

Global tea shortage estimate raised to 100 million kg

Ishita Ayan Dutt / Kolkata April 22, 2009, 0:44 IST Global tea shortage has risen to unprecedented levels. The deficit is being pegged at 80-100 million kg for the three major producing countries

Indian cement exports hit 8-year low in FY09

Chandan Kishore Kant / Mumbai April 22, 2009, 0:20 IST The ban on cement exports imposed last year has significantly pushed down overall exports of the building material, hitting an eight-year-low in FY09. Industry players and analysts said the current financial year might not be any different and exports would …

Cement prices fall on decline in coal prices, depressed sales

Continuous fall in local cement sales coupled with decline in coal prices internationally compelled the manufacturers to reduce the price by Rs 40-45 per 50 kg bag in the local market, sources said. Local cement sales in first nine months (July-March) fell by 17 percent to stand at 13.9 million …

Commercialising traditional medicine: Ayurvedic manufacturing in Kerala

This is an attempt to answer two questions on the manufacture of ayurvedic products in Kerala. First, has the performance of the ayurvedic sector been impressive? Preliminary analysis shows that the ayurvedic industry, which has a concentrated market structure, is growing at a much higher rate than that of overall …

NMDC may stop iron ore exports if prices crash

PUBLIC sector mining company National Mineral Development Corporation (NMDC) may stop exports of high-grade iron ore if international ore prices, contracted under long-term agreements (LTA) with other countries, continue to fall sharply. The move is expected to hit steel companies in Japan and Korea that source a large part of …

Exports Fall, and Its Felt on the Farm

Only a year ago, all the stars appeared to be aligned for American farm exports. China and other developing countries were fattening up growing herds of cattle on American corn, and they were importing record amounts of foods to meet the appetite of their expanding middle classes. A drought in …

Fewer buyers, distress sales may lead to 2 mt higher wheat buys

TWO years of high-priced imports in 2006 and 2007, one year of record output at 78.5 million tonnes and now, slam dunk into subsidised exports of massive central stocks. The United States department of agriculture

Most exporters see flat growth or decline this fiscal: Ficci study

MAJORITY of exporters in India anticipate a flat growth or a decline in exports in 2009-10, as per a Ficci survey. Of those who participated in the survey, 61% said they expect exports to decline or remain at the same level as last year. Engineering goods, gems & jewellery, chemicals, …

Impact of food safety standards on processed food exports from developing countries

This paper examines the impact of food safety standards on processed food exports in developing countries. An intercountry cross-sectional econometric analysis of processed food exports in developing countries was undertaken. The Sanitary and Phytosanitary Standard (SPS) is incorporated into the model to capture the impact of food safety standards. The …

Lift ban on non-basmati rice export: Rice millers

Crisis of foodgrains storage Sarbjit Dhaliwal Tribune News Service Jalandhar, March 26 As rice storage crisis has deepened in Punjab, rice millers , who have halted paddy shelling,, have urged the Union government to lift ban on the export of non-basmati rice. Most of the millers today tried to meet …

Coorg green cardamom will get regional patent: Expert

Madikeri: India has exported spices worth Rs 4,500 crore this year, which is an all time record, said Spices Board Joint Director H S Srinivas. Addressing presspersons at the sidelines of a seminar on

Global crisis arriving at Indian farms too

New Delhi: The farm sector, which has by and large been resilient so far, may not remain so amid waning exports of cash crops. The fiscal stimuli announced by the Government to minimise the impact of the global economic crisis may prove to be inadequate in insulating the farm sector …

Beggar-thy-neighbour

EU subsidy may hurt the Indian dairy industry to shield its dairy industry from the pinch of global economic meltdown, the European Commission has decided to reinstate export subsidies on dairy products, which it suspended in 2007. The move may adversely impact India

Cultivation of medicinal plants in Uttarakhand

Due to excessive extraction of medicinal plant species in high altitude areas, Uttarakhand has seen a serious depletion of its biological resources. The state government has introduced policies to promote the conservation of these species and encourage farmers to cultivate them and supplement their incomes. This paper examines the impact …

EGoM agrees to lift ban on wheat exports

A GROUP of ministers on Thursday agreed in principle to lift the two-year old ban on exports of wheat and wheat products after general elections end in May. The decision was taken by an empowered group of ministers (EGoM) headed by external affairs minister Pranab Mukherjee, government officials said. The …

Easing of rice & wheat export curbs soon on anticipated bumper harvest

Prabha Jagannathan NEW DELHI THE government may ease restrictions on export of wheat and rice as it looks to clear the stocks in anticipation of a bumper harvest, a government official hinted. A meeting of the empowered group of ministers (EGoM) on March 5 is likely to ease export norms, …

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