India’s Steel Ministry is working on strengthening reporting norms for import shipments, and the reporting portal is being ramped up. This comes in the wake of several “suspected” instances of misreporting or under-reporting of shipment details, an official aware of the plans told businessline. Apart from working on the Green Steel policy and exploring alternative … Read more
India’s coal import rose by 13 per cent to 21.64 million tonnes (MT) in February as some buyers took fresh positions to replenish stocks ahead of summer, according to online marketplace mjunction. The country’s coal import was 19.15 MT in the corresponding month of FY23. “Coal imports in February 2024 were up by 13 per … Read more
The G33 group of developing countries, including India, has called for an outcome on public stockholding for food security purposes at the WTO’s 13th Ministerial Conference (MC13) based on the joint proposal of about 80 members, including those from the African Group and the ACP, submitted earlier. Also read: No mandate for adoption of proposed … Read more
A day after the Samyukt Kisan Morcha (SKM) announced its decision, the joint committee of the SKM (non-political) and the Kisan Mazdoor Sangharsh Committee of Punjab, who are leading the current farmer stir, too have rejected the Centre’s proposal of a five-year guaranteed procurement of five crops at MSPs and decided to continue their march … Read more
To support production of natural rubber in the country, the Indian government has increased the allocation under the “sustainable and inclusive development of natural rubber sector” scheme by 23 per cent to ₹708.69 crore for the next two financial years (2024-26), the Commerce Department has said. There is, however, no consideration for any change in … Read more