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 …
Concerned that iron ore prices continue to rise and augment inflationary pressures on the economy despite the imposition of 15 per cent ad-valorem duty on its exports, the Committee of Secretaries (CoS) is likely to discuss tomorrow wide-ranging options on further disincentivising ore exports either by capping its overseas sale …
Incentives on export of basic raw material withdrawn NEW DELHI: Yielding to the textile industry's demand as also to rein in inflation, the Central Government has scrapped the customs duty on imports of raw cotton and withdrew incentives on export of the basic raw material with effect from July 8 …
BS Reporter / New Delhi July 10, 2008, 0:44 IST As part of its efforts to contain inflation, the government may consider imposing export curbs or duties on petrochemical products like polymers, a crucial raw material for plastic manufacturing, among other items. Sources said a meeting with industry representatives may …
PROTECTING GROWERS: Shankersinh Vaghela (left), Union Textile Minister and E.V.K. S. Elangovan, Minister of State for Textiles, at a press conference in Bangalore on Monday. BANGALORE: Addressing the media here on Monday the Union Minister of Textiles, Shankersinh Vaghela, said Indian exports of raw cotton, which amounted to nearly 100 …
MANGO exports are likely to rise to 1 million tonnes this year, against an estimated export of 80,000 tonnes last year. The growth in the fruit's export is expected to be driven by Indian mangoes' growing acceptance in the world market for its quality, opening up of Japan's market in …
As global prices escalate, Argentina plans to quintuple production of soyabean diesel by 2010. It will dramatically change agriculture and the environment.
The growth of agriculture is not commensurate with other sectors of the Indian economy. The growth in agricultural sector has declined from 3.7 per cent during early reforms period (1991-92 to 1996-97) to 2.5 per cent per annum during Ninth and Tenth Plan (1997-98 to 2006-07) periods, while growth of …
NEW DELHI: The Centre, battling shortage of food grains and double-digit inflation, got a significant relief on Monday from the Supreme Court, which imposed an interim ban on further export of non-basmati rice. This interim order came on the Centre's petition questioning the decisions of various high courts to allow …
the run-up to the high-level conference on food security in Rome promised a substantial shift in agricul-tural outlook, given host Food and Agricultural Organization
ANIKET ALAM In the last week of April, India announced a us $5.4 billion credit to African countries for developing their infrastructure and meeting other development goals. This five year package also included duty free imports from 50 Least Developed Countries, of which 34 are in Africa. The government also …
This paper attempts to analyse the current global crisis in the availability and prices of rice by drawing upon the long-term developments in the rice market. The instability and thinness in the world rice markets are shown to be mainly due to the predominantly precautionary export policies of major exporting …
T. Ramakrishnan To make available reasonable quantity of cotton for domestic market Karunanidhi writes to Manmohan Recommends 75-80 lakh bales export ceiling CHENNAI: Concerned at the continued rising prices of cotton and yarn, Tamil Nadu has suggested to the Union government to introduce the system of quantitative restriction on export …
In the wake of constant rally in the prices of raw cotton, the textile industry has demanded an immediate ban on cotton exports as well as removal of 10 per cent Customs duty and 4 per cent additional Customs duty on the imports of the commodity for the current year. …
Bishnu Dash Iron ore exporters in Orissa want the Centre'to exclude transportation cost from the 15 per cent ad valorem duty impose last month. Exporters argue that the transportation cost accounts for more than 60 per cent of the total value of iron ore exports. Earlier, a specific duty of …
'MAULIK PATHAK Ahmedabad, 18 June Gujarat's Saurasthtra region seems to be turning into a hotbed of illegal bauxite exports. ' Senior officials in the Commisionerate of Geology and Mining Department fear that 10.5-11 million tonnes bauxite worth Rs 1,200 crore was illegally exported from the region in 2007-08 fiscal. On …
Agriculture and food minister Sharad Pawar has said the restrictions imposed on export of major foodgrain are not permanent and the government could lift the ban once the supply situation improves. "I am confident that prices will go down and in such a situation we don't want to continue with …
India needs to diverse its mineral export basket and intensify exploration activity with a suitable incentive framework to attract private sectors foreign investments, says a study by Export-Import Bank of India (Exim Bank). According to the study titled Exploration holds the key for Growth in India Mineral Sector, the growth …
