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India allows duty-free imports of cotton until September to cool prices 0
- Economy
- April 14, 2022
India on Wednesday allowed duty-free imports of cotton until September 30 as prices in the local market jumped to a record high because of a drop in the production, the government said in a notification. The world’s biggest producer of fiber also removed the Agriculture Infrastructure and Development Cess (AIDC) on the imports, the government
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DGCA bars 90 SpiceJet pilots from flying 737 Max planes after finding them improperly trained 0
- Business
- April 13, 2022
Indian aviation regulator DGCA has barred 90 SpiceJet pilots from operating the Boeing 737 Max aircraft after finding them not properly trained. “For the moment, we have barred these pilots from flying the Max and they have to retrain successfully for flying the aircraft,” DGCA chief Arun Kumar said in a statement. He also said that the
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Fuel prices on April 5: Petrol, diesel prices hiked by 80 paise, total increase stands at Rs 9.20 per litre 0
- Economy
- April 5, 2022
Petrol and diesel prices have been hiked by 80 paise a liter each this morning, CNBC-TV18 reported, taking the total increase in the last two weeks to Rs 9.20 per liter. This is the 13th increase in prices in the last 15 days since the end of a four-and-half-month long hiatus in rate revision. Rates
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India’s exports rise to record high of $418 billion in FY22 0

April 4, 2022

India’s merchandise exports spurt to a record high of USD 418 billion in 2021-22 fiscal on higher shipments of petroleum products, engineering goods, gem and jewellery and chemicals, according to official data released on Sunday. India’s goods trade (exports and imports) crossed USD 1 trillion during 2021-22 as the country’s imports to have touched an

Wheat export at 70.30 lakh tonnes till Mar 21 this fiscal 0

Economy

April 1, 2022

The total wheat export stood at 70.30 lakh tonnes till March 21 this fiscal, with maximum shipments to Bangladesh followed by Sri Lanka and UAE, Parliament was informed on Friday. As both Ukraine and Russia are major exporters of wheat with more than 25 percent total share in the global wheat trade, there is scope for India to increase exports

Russia offers oil to India at steep discount of $35 a barrel to pre-war price 0

Commodity

March 31, 2022

Russia has offered oil to India at a steep discount of $35 barrel on prices before the war as mounting international pressure lowers the appetite for its barrels elsewhere following the invasion of Ukraine, reported Bloomberg. The sanctions-hit nation is offering its flagship Urals grade to India at discounts of as much as $35 a

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