India’s onion exports have declined by ₹696 crore compared to last year, mainly due to the imposition of export duties. Between April and November of this financial year, the total value of onion exports stood at ₹2,663 crore, down from ₹3,359 crore during the same period last year—a sharp decline of 20%. Interestingly, the quantity of […]

Grape export from Nashik district declined by 25% in the Jan-Feb period this year when compared to the corresponding period in 2024. Grape exports usually begin in the first week of Jan and continue until mid-April. Nashik district has exported 66,000 tonnes of grapes between Jan and Feb this year. In comparison, last year, the district […]

The International Air Transport Association (IATA) has released data for January 2025, marking the 18th consecutive month of growth in global air cargo demand. Total demand, measured in cargo tonne-kilometers (CTK), rose by 3.2% compared to January 2024, while capacity, measured in available cargo tonne-kilometers (ACTK), increased by 6.8% year-on-year. India’s logistics sector stands to benefit […]

The UK is imposing a new wave of sanctions against the Russian oil trade, targeting an additional 40 ships. The biggest sanctions package against Russia’s shadow fleet brings the total number of oil tankers sanctioned by the UK to 133—more than any other European nation. Publishing details of the sanctions, Britain said the ships being targeted had […]

The Indian government has taken immediate and decisive action to control the export of unapproved combination drugs containing Tapentadol and Carisoprodol manufactured by Aveo Pharmaceuticals, Mumbai, to certain countries in West Africa, the ministry of health and family welfare said in a statement. The ministry said that in January, the Central Drugs Standard Control Organisation (CDSCO), […]

India achieved a major milestone in its agricultural exports with the successful first ever trial shipment of pomegranates to Australia via sea, an official statement confirmed on Monday. This marks a crucial step in expanding market access for Indian produce while optimising costs compared to air freight. Until now, pomegranate exports to Australia were primarily carried […]

Any potential reciprocal tariff by US administration is likely to hurt nearly every large sector in India, with chemicals, automobile, textiles and footwear poised to be among the worst-hit, a note by Emkay Global has said. Chief Economist Madhavi Arora, however, added that President Trump has so far only announced a review, with April being the […]

Australia expects India to lower its  wheat import duty later in 2025 to control high domestic prices. Australian officials see a potential market opening as India’s wheat production is forecasted at 115-116.4 million tonnes. However, below-normal rainfall may impact yields, with some traders predicting output below 110 million tonnes. Current wheat prices remain above the Minimum Support […]

In a major boost for transportation infrastructure in Nagaland, Indian Railways has successfully completed the first trial run of a freight train using Multi-Unit (MU) locomotives . The trial took place on the Shokhuvi-Molvom railway section, part of the Dhansiri-Zubza new line project, marking a crucial milestone in enhancing the region’s railway connectivity. This trial run, […]

The Union Budget has launched a strategic five-year Cotton Mission, focusing on increasing productivity in extra-long staple varieties through the use of advanced Science and Technology for farmers. This initiative aims to modernize the sector, align with the ‘5 F principle,’ and enhance the farming community’s income through improved yields and global competitiveness. This mission is […]