India started the windfall tax on crude oil producers and on exports of gasoline, diesel and the aviation fuel in July 2022, reportedly to regulate private refiners who wanted to sell fuel overseas instead of locally, to gain from firm refining margins.
After the recent spice controversy, where Singapore and Hong Kong banned the sale of MDH and Everest spices in their countries due to the presence of Ethylene Oxide (EtO) residue, the Spice Board of India has taken steps to ensure the safety and quality of Indian spice exports to these regio
India registered record exports in the just concluded financial year 2023-24 at USD 778 billion, sources in the commerce ministry said. In 2022-23, the country exported goods and services combined at USD 776.3 billion.
New Delhi [India], May 9: Orient Craft Limited, India's leading player in the garments manufacturing and exports industry, today announced its 100% debt-free status. It worked closely with a consortium of 11 banks, including the State Bank of India (SBI), United Bank of India (UBI), HDFC and
"We are not commenting on any specific licences, but we can confirm that we have revoked certain licences for exports to Huawei," the department said in a statement.
India's exports of medical consumables and disposables have surged by approximately 60 per cent to USD 1.6 billion in the fiscal year 2022-23 from USD 1.08 billion in 2019-20, according to data shared at the Meditech Stackathon 2024 held on May 7 in Delhi.
According to S&P Global Commodity Insights, India, the world's largest rice exporter, implemented export restrictions, including banning broken rice exports and imposing additional duties on non-basmati white rice outflows in August 2022.
In the serene landscapes of Ratnagiri, where the aroma of Alphonso mangoes lingers in the air, another treasure awaits discovery: Ratnagiri cashew, considered the world's finest.
Congress General Secretary in-charge Communications, Jairam Ramesh on Saturday claimed that INDIA bloc has secured massive victory for the Kisans of India after the Centre was forced to revoke its "mindless ban on onion export".
India has lifted the restrictions on onion exports from Friday. The decision comes on the heels of robust kharif crop production in 2024 and favorable monsoon forecasts, coupled with stable market conditions both at the mandi and retail levels.
Katz charged that in doing so Erdogan is "breaking agreements by blocking ports for Israeli imports and exports. This is how a dictator behaves, disregarding the interests of the Turkish people and businessmen, and ignoring international trade agreements."