Category Archives: Market news

Basmati exports may pick up as Saudi Arabia likely to ease residue rules

October 16th, 2018 | APTSO EXPORTS™ | Tags:

India’s basmati-rice exports are expected to pick up, as key importer Saudi Arabia is set to adopt easy residue parameters to take delivery of consignments. With India taking steps to reduce the deposit of harmful chemicals on rice, local authorities expect the European Union also step up imports from India. India is the top exporter in the Rs 26,000-crore global basmati market. Shipments from the country to Saudi have taken a hit after Riyadh sought undertakings from exporters on minimum residue levels (MRL). Also, Saudi rejected a few consignments of […]

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27 percent increase in bilateral trade with India-says Taiwan official

October 11th, 2018 | APTSO EXPORTS™ | Tags:

There has been a 27 percent increase in bilateral trade between Taiwan and India in 2017, Taipei Economic and Cultural Center in India (TECC) Representative Tien Chung-Kwang has said. Speaking at a reception in New Delhi on Tuesday to mark the 107th National Day of Taiwan, Tien said that implementing Taiwanese president Tsai Ing-wen’s New Southbound Policy (NSP) that looks to deepen the East Asian nation’s relationships with South Asia, Southeast Asia, Australia and New Zealand, Taiwan boosted its external trade with these NSP countries by 15.61 per cent to […]

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Special jetties to build for fruit, vegetable export at major ports

September 16th, 2018 | APTSO EXPORTS™ | Tags:

In order to ease the movement of fruits and vegetables from the ports of the country, the government has decided to build a special jetty in all the major ports, said Union minister for shipping, Mansukh Mandaviya on Tuesday. There are nine nations in the Gulf (middle-east). They do not have fruits or vegetables. All they have is oil and money. These are currently being supplied by Europe and African countries…. We can send our cargo to the markets in the Gulf by the sea route in just three days […]

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Maharashtra to punish traders who buy farm produce below MSP

MUMBAI: A day after the Union Budget proposed to peg the Minimum Support Price (MSP) for all notified kharif crops at 1.5 times the cost of production, the Maharashtra government said it would make it an offence for traders to buy farm produce at lower prices. A day after the Union Budget proposed to peg the Minimum Support Price (MSP) for all notified kharif crops at 1.5 times the cost of production, the Maharashtra government said it would make it an offence for traders to buy farm produce at lower […]

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Badal urges food processing firms to contribute to Kerala flood relief

August 22nd, 2018 | APTSO EXPORTS™ | Tags:

Harsimrat Kaur Badal, minister of food processing industries, Government of India, has appealed to all the firms in the food processing industry to come to the aid of the victims of the flood that have ravaged Kerala by generously donating processed food products. Stating that thousands of people in the southern state had been rendered homeless, she added that there was an urgent requirement for processed foods and that the ministry of food processing industries (MoFPI) had nominated two officers to coordinate these relief efforts. Badal directed the industries to […]

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Do not discourage my crop loan because of disruption of self-esteem: farmer letter to Karnataka chief minister.

Do not discourage my crop loan because of disruption of self-esteem: farmer letter to Karnataka chief minister. A farmer from Karnataka has written a letter to Kumaraswamy not to discourage the crops purchased in the bank because of my self-esteem. Amarnath (45) from Mudigere village in Chikmagalur district of Karnataka has written a letter to CM Kumarasamy. “You have announced that the farmers will get rid of Rs 48,000 worth crores. I consider agriculture great. My Rs. I can pay 4 lakh crops. And the Government is paying off my […]

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Army Worm Pests That threaten Crops … There is a solution in nature!

August 13th, 2018 | APTSO EXPORTS™ | Tags:

In North America and Africa, the pest is known as the Farm Orme Worm, which threatens farmers and enters into India and threatens farmers. Based on a study conducted by the Indian Agricultural Research Council in July in Karnataka, the organization has issued a notice. “In North America, Corn hits pests Fall armyworm the insect’s scientific name  (Spodoptera frugiperda). The North American pest species. Africa 2016, since it continued to spread. Since then the African subcontinent 30 million people’s staple crop sorghum’s yield large influence Pattatu. This pest is found […]

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US wants to reduce trade deficit with India soon, says official

The US wants to reduce its trade deficit with India as quickly as possible, a senior official told lawmakers here, asserting that the Trump administration is aggressively pushing New Delhi on the issues of medical devices, pharmaceuticals, dairy products and agriculture. The President wants fair and reciprocal trade…when we look at India, there are three sectors where, I think, we can get a significant boost in our trade, Alice G Wells, Principal Deputy Assistant Secretary of State for South and Central Asia, told lawmakers during a Congressional hearing yesterday. When […]

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Mango exports break all record this year 2018

The country has exported around 1,190 tonne of mangoes to the United States of America (USA) this season — an all time high. The Countrys mango  export to the US recorded a rise of 11% as compared to the last year’s figure of 1,072 tonne. However, the exporters had projected around 30% rise in figures, but the recent farmers’ strike affected the supply of mangoes drastically. Source: Times of india

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Government to offer incentive on exports of milk products

The government is considering incentivising exports of milk products, adding milk to mid-day meal rations as well as reducing GST and increasing import duty on certain products as it seeks ways to ensure better returns for dairy farmers. On Tuesday, the Centre convened a high-level inter-ministerial meeting under transport minister Nitin Gadkari to discuss these measures, even as a strike by dairy farmers in Maharashtra continued for the second day. Railway minister Piyush Goyal, who also holds the finance and coal portfolios, Amul managing director RS Sodhi, Maharashtra State Commission […]

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