India exported 18.68 lakh tonnes (lt) of oilmeals throughout April-August of 2024-25 in opposition to 19.45 lt within the corresponding interval of 2023-24, recording a decline of 4 per cent. Knowledge compiled by the Solvent Extractors Affiliation of India (SEA) confirmed the India’s oilmeals export witnessed a decline in August additionally. India exported 3.14 lt … Read more
Basmati exporter Vijay Setia, a former president of All India Rice Exporters Affiliation, has written a letter to the federal government in search of evaluation of the present rice export coverage — ban on white non-Basmati rice, 20 per cent export obligation on parboiled non-Basmati rice and minimal export worth of $950/tonne on Basmati rice. … Read more
Over 400 natural rice containers have been detained by Directorate of Income Intelligence (DRI) personnel in JNPT, Mundra and Kandla ports following businessline’s report of alleged irregularities within the shipments. Commerce sources stated non-organic white (uncooked) and parboiled (boiled) rice have been exported within the guise of natural rice. In consequence, shipments of natural rice … Read more
A powerful export demand, and elevated North Indian shopping for, lifted orthodox tea costs, on the Kochi auctions. Additionally learn:Tea manufacturing in Dooars and Terai prone to fall 30% on account of opposed climate situations Merchants mentioned that 60-70 per cent, of the provided amount of two,45,558 kg, was procured by North Indian patrons, because … Read more
India’s pulses exports throughout 2023-24 declined 22 per cent in quantity and a pair of.5 per cent in worth phrases on a slowdown in purchases by key patrons similar to Bangladesh, China and the United Arab Emirates on greater costs. Pulses exports stood at 5.94 lakh tonnes (lt) throughout 2023-24 in contrast with 7.62 lt … Read more
Imran, who’s answerable for logistics at a number one leather-based items manufacturing firm in Ambur, a city in western Tamil Nadu, is struggling to ship shipments to Europe and the US for a number of days now. He by no means imagined that the garment business in distant Bangladesh might be a supply of fear … Read more
The Spices Board will subject an advisory for exporters to boost consciousness on ethylene oxide (ETO) contamination and the rules in varied international locations, along with launching necessary testing for the chemical in consignments sure for Hong Kong and Singapore. The transfer comes after business consultations on Wednesday pertaining to the recall of spice mixes … Read more
Basmati exports have hit a brand new file each in quantity and worth throughout fiscal 2024. As per newest information, shipments throughout April-Feb crossed the $5.2 billion with volumes touching a brand new excessive exceeding 4.67 million tonnes. Whereas the exports for FY24 will create a brand new file after incorporating the figures for March, … Read more
India’s Metal Ministry is engaged on strengthening reporting norms for import shipments, and the reporting portal is being ramped up. This comes within the wake of a number of “suspected” situations of misreporting or under-reporting of cargo particulars, an official conscious of the plans advised businessline. Other than engaged on the Inexperienced Metal coverage and … Read more
The federal government has allowed the export of an extra 10,000 tonnes of onion to the UAE by way of the Nationwide Cooperative Exports Ltd (NCEL), past the 14,400 tonnes permitted on March 1. As a lot as 79,150 tonnes of onions have been authorised for export for the reason that ban on shipments was … Read more