India’s merchandise exports increased somewhat year over year to $34.58 billion in September, albeit from a low base (-2.8%). However, with import growth also being moderate at 1.6%, the trade imbalance shrank to $20.78 billion, its lowest level in five months. With exports falling sharply by 9.3% year over year in August, the trade imbalance…
The industry anticipates an early implementation of a robust policy framework along the lines of the one the government established for the expansion of oil palm plantations in the nation, given that Finance Minister Nirmala SithaRaman stated a special focus to promote edible oil crops. The industry, which uses up foreign cash because the nation…
Bagadia Brothers offer wheat at $399.69, which is lower than previous two tenders. The bid is around seven dollars lower than the previous tender. An Indian exporter makes the lowest bid on Bangladesh’s latest tender to import 50,000 tonnes of wheat. Swiss Singapore Overseas made the second lowest bid at $399.69 a tonne and Intra…
Elevated domestic prices and updated coronavirus controlsdue to the increase in infections, physical gold purchases are slowIn India, China has stepped up Gold import requiredgradually restarted. Friday, the future of local gold approximately ₹47,000 were tradedUp to 10 grams Thursday ₹47,279, maxSince mid-February. Many states like Maharashtra, Delhi, Uttar PradeshImposed local restrictions to prevent the…
