Govt trying to talk to countries on sugar exports: Sitharaman

Last Updated: Sunday, August 9, 2015, 18:47

"We just started working on it. Because quantum of sugar is annually getting accumulated. In the last four years it (the accumulation of sugar) has been quite substantial," she told reporters here.

GST to encourage local production of incense sticks

Last Updated: Sunday, August 9, 2015, 13:35

The incense sticks industry is eagerly waiting for the implementation of the Goods and Services Tax, which it feels will offer greater flexibility for the sector in terms of promoting local production.

India to ship 10,000 tonnes of rice bran oil this fiscal

Last Updated: Sunday, August 9, 2015, 12:52

India is expecting to ship 10,000 tonne of rice bran oil this financial year after the government eased restrictions on its bulk sale, giving a boost to small rice millers, an industry body said.

Commerce Ministry moves Cabinet note on interest subvention scheme

Last Updated: Sunday, August 9, 2015, 10:53

To give a fillip to exports, the Commerce Ministry has moved a Cabinet note on a proposal to provide cheaper credit access to exporters from various sectors under the interest subvention scheme.

Good news! Delhi govt to sell onions at Rs 40 from Monday

Last Updated: Wednesday, August 5, 2015, 14:05

Delhi government will sell onions at Rs 40 a kg at 280 locations across the city.

Rising onion prices leave buyers in tears

Last Updated: Tuesday, August 4, 2015, 13:38

The steep rise in onion prices have come as a double whammy for the Indian middle class who is already reeling under severe pressure from high inflation

PM favours export of surplus sugar, ethanol blending

Last Updated: Saturday, August 1, 2015, 21:29

Prime Minister Narendra Modi on Saturday favoured raising sugar exports to liquidate surplus stocks because of low domestic demand that has led to a huge cane arrears of over Rs 14,000 crore to farmers.

Hyundai sales up 5% in July

Last Updated: Saturday, August 1, 2015, 15:50

Hyundai Motor India Ltd (HMIL) on Saturday reported 5 percent increase in total sales at 50,408 units in July.

Maruti Suzuki's July sales up 20%

Last Updated: Saturday, August 1, 2015, 14:59

Automobile manufacturer Maruti Suzuki on Saturday reported an increase of 20.1 percent in its total sales for July, 2015.

China July factory growth unexpectedly stalls

Last Updated: Saturday, August 1, 2015, 09:13

Growth at China`s big manufacturing companies unexpectedly stalled in July as demand at home and abroad weakened, an official survey showed on Saturday, reinforcing views that the economy needs more stimulus as it faces fresh risks from a stock market slump.

Gold jewellery export may rise to $40 billion if quality improved

Last Updated: Thursday, July 30, 2015, 20:33

Gold jewellery exports could jump five-fold to USD 40 billion in the next five years if quality standards are improved, the World Gold Council said Thursday.

US economy grew 2.3% in second quarter

Last Updated: Thursday, July 30, 2015, 18:51

The US economy picked up sharply in the second quarter, boosted by increased consumer spending and exports after a tepid first quarter, the Commerce Department reported Thursday.