NFCSF Urges Govt to Lift Sugar Export Ban
The National Federation of Cooperative Sugar Factories has requested the central government to lift the ban on sugar exports, citing damage to international trade and domestic stability.
The National Federation of Cooperative Sugar Factories has requested the central government to lift the ban on sugar exports, citing damage to international trade and domestic stability.
Surat has surpassed Mumbai to become India's largest rough diamond import hub, handling over 80% of inbound volumes due to tax reforms and improved customs infrastructure.
India has imposed restrictions on silver imports to regulate bullion inflows and reduce pressure on foreign exchange reserves amid global uncertainties and elevated crude prices.
Delhi has been placed in the highest 'Exemplar' category in the LEADS 2025 Index, jumping from 'Achiever' status. The achievement highlights improvements in logistics infrastructure, digital governance, and ease of doing business.
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RecommendedIndia and the UK are negotiating a unique solution to Britain's steel safeguard measure that is delaying the operationalisation of their trade agreement, signed in July 2025.
India's exports surged 13.8% to $43.6 billion in April, the highest in over four years, driven by a 34.7% jump in petroleum product exports. Imports rose 9.9% to $71.9 billion, widening the trade deficit to $28.3 billion.
Punjab's paddy farmers face dual challenges of rising fuel prices and fertiliser shortages, threatening crop yields and increasing production costs.
Sigma Advanced Systems secures $11.4 million export order from a North American customer for 90,000 filled fuses for 155 mm artillery shells, to be manufactured in India.
Russian Foreign Minister Sergey Lavrov confirmed that crude oil supplies from Russia to India have increased despite Western sanctions, citing publicly available data. India continues importing discounted Russian crude for energy security.
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RecommendedThe ongoing fuel crisis in Ranchi is disrupting industrial production, supply chains, and doorstep deliveries, with businesses and milkmen struggling to operate.
India's exports to China jumped 27% in April 2026, while imports rose 20.85%. China became India's top trading partner in 2025-26 with $151.1 billion bilateral trade.
US President Trump announced China agreed to purchase over 200 Boeing aircraft, with potential expansion to 750 planes, marking Boeing's first major China deal in nearly a decade amid trade tensions.
Gastech 2026 will gather global energy leaders in Bangkok to address rising LNG demand and system transformation in Asia, driving investment and innovation.
Oil prices increased on Tuesday as worries over potential attacks on vessels and seizures in key shipping routes persisted, raising supply disruption fears.
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RecommendedIndia's automobile exports grew at a double-digit pace in April 2024, driven by utility vehicles and two-wheelers, despite logistical challenges from West Asia tensions.
India has prohibited sugar exports until September 30, 2026, to ensure domestic supply and prevent price hikes. Exceptions include EU and US quota shipments.
Maharashtra CM Devendra Fadnavis signed an agreement to establish the Africa-India Business Centre in Mumbai, creating a one-stop platform for businesses, trade offices, and cultural representation.
The DoNER ministry sanctioned Rs 30.13 crore for post-harvest management under the Mizoram Ginger USP Project, inaugurated by CM Lalduhoma and Minister Scindia.
India's sugar export ban until Sept 30 is defended by experts to ensure domestic supply amid El Niño fears, but farmers and politicians warn of financial losses and unpaid dues.
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RecommendedPanic buying of fuel erupted in Bhubaneswar and Cuttack after PM's appeal and petroleum minister's price hike hint amid West Asia tensions, causing long queues, early pump closures, and traffic jams.
The Indian government has capped gold imports at 100 kg under the Advance Authorisation scheme and tightened compliance norms for the gems and jewellery sector to curb non-essential imports.
Afghanistan has signed a $46 million agreement with Indian firm TRC to establish and modernize quality control labs across Kabul and nine key border points, aiming to improve trade infrastructure and prevent substandard imports.
India bans sugar exports until September 2026 to stabilize domestic prices, likely boosting global prices and benefiting rival producers Brazil and Thailand.
West Bengal removed restrictions on interstate movement of agricultural produce, especially potatoes, after a record harvest of 140-150 lakh tonnes in 2025-26, aiming to prevent price crash and farmer distress.
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RecommendedMormugao Port Authority extends rationalised cruise tariff till March 2027, charging US$0.085/GT and US$6/passenger for first 12 hours, with discounts and incentives to boost cruise tourism.
Telangana can boost rice exports and farm incomes by leveraging global market opportunities, says a policy paper from PJTAU, highlighting demand in Asia and Africa.
The CCEA increased MSP for 14 kharif crops for 2026-27. Paddy up Rs 72, cotton up Rs 557. Farmer groups demand C2+50% formula.
Commerce minister Piyush Goyal urged exporters to aim for $1 trillion in goods and services exports in FY26, after India hit a record $863.11 billion in the previous fiscal.
Gold prices soared by Rs 8,550 and silver by Rs 20,500 per kg following the government's decision to hike import duties, aligning with PM Modi's call to curb gold purchases and reduce forex expenditure.
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RecommendedIndia's gold imports from Dubai may increase following a duty hike, as the TRQ system previously offered lower tariffs. GTRI suggests potential rise in precious metal imports.