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In a major push to India’s agricultural exports and the government’s One District One Product (ODOP) initiative, APEDA has facilitated the first-ever export of 20 metric tonnes of honey from Assam’s Baksa district to the United States, ANI reported.According to the Commerce and Industry Ministry, the consignment was flagged off on May 9 and exported…
India is adopting a strategic approach in its trade relationship with China, aiming to expand exports and strengthen domestic manufacturing while gradually reducing its dependence on Chinese inputs. A senior government official told PTI that the focus is on maintaining balance rather than pursuing a complete break from Beijing. The executive said that India is…
China and America seemingly can’t stop banning each other’s gadgets, technology and more. The result is a deepening power struggle over who controls the hardware behind the next era of energy and computing. According to a report in Reuters, Chinese officials have held initial talks with providers of equipment to make solar panels as they…
Experts say the surge in electronics exports represents an unexpected boost from the smartphone production-linked incentive scheme. (AI image) In a big achievement for the government’s electronics component manufacturing scheme (ECMS), Apple’s India vendors have already exported a record $2.5 billion components to China. The development also signals a shift from the earlier pattern, where…
New Delhi: In a rare conviction under Wildlife Protection Act, a court convicted a Jaipur art gallery owner for attempting to illegally export Shahtoosh shawls – made from hair of the critically endangered Tibetan antelope – in a CBI case that dragged on for 17 years.The chief judicial magistrate at Delhi’s Rouse Avenue district court…
Russia’s oil and fuel export revenues rebounded in March, recovering from February’s lows as global prices surged amid the Iran war, according to the International Energy Agency (IEA).Russia’s revenues from crude oil and refined products rose in March after falling to their lowest level since the start of the Ukraine conflict in 2022 in February,…
The finance ministry on Saturday announced a sharp increase in export duties on diesel and Aviation Turbine Fuel (ATF), while keeping the duty on petrol unchanged.According to the ministry, the export duty on diesel has been raised from Rs 21.5 per litre to Rs 55.5 per litre, while that on ATF has been increased from…
US President Donald Trump has said he would prefer to “take the oil in Iran” and indicated that Washington could move to seize Kharg Island, Tehran’s main oil export hub, as the US ramps up its military presence in the Middle East.In an interview with the Financial Times on Sunday, Trump said his “preference would…
NEW DELHI: The latest Jan Vishwas Bill, moved in Parliament on Friday, has proposed removing imprisonment for several offences related to export of textiles, handloom, and farm products.For instance, under the Textiles Committee Act, exporting and selling textiles or textile machinery in contravention of prescribed order, which can result in a jail term of up…
NEW DELHI: The government has imposed export duties on diesel and turbine fuel, a move aimed at improving availability of these products in the domestic market, according to the CBIC chairman’s statement on Friday.The decision is also expected to strengthen the country’s energy security by ensuring adequate supplies amid evolving global conditions.Revenue collections from the…
