-Moneycontrol.com Food inflation rose to 12.41 percent in June from 10.89 percent, with the food index rising 1.3 percent month-on-month India's inflation based on the Wholesale Price Index (WPI) declined to 15.18 percent in June, according to data released by the commerce ministry on July 14. The WPI inflation was 15.88 percent in May, the highest in at least three decades. In June 2021, it stood at 12.07 percent. Another month of double-digit wholesale...
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DGFT issues RCs for 1.6 mn tonne wheat export after May 13 ban order
-PTI/ The Hindu Business Line Registration certificates of wheat to exporters having valid letter of credit The commerce ministry's arm Directorate General of Foreign Trade (DGFT) has issued registration certificates for about 1.6 million tonne of wheat to exporters having valid letter of credit, after the ban order of May 13, an official said. The government is allowing wheat shipments for which irrevocable letters of credit (L/C) were issued on or before May...
More »As midterms approach, Republicans step up rhetoric on India’s trade practices -Prashant Jha
-Hindustan Times India has consistently maintained that this position is based on both an erroneous reading of the nature and intent of India’s price support mechanisms and underplays the scale of America’s support to farmers. Washington: As elections for the House of Representatives loom, a group of Republican Congressional representatives from America’s agricultural belt or with agricultural interests have stepped up the rhetoric against India’s agricultural subsidies — alleging that these distort...
More »Global hunger crisis pushing one child into severe malnutrition every minute in 15 crisis-hit countries
-Press release by UNICEF.org Ahead of G7 summit, UNICEF appeals for US$1.2 billion to meet urgent needs of 8 million children at risk of death from severe wasting NEW YORK, 23 June 2022 — Almost 8 million children under 5 in 15 crisis-hit countries are at risk of death from severe wasting unless they receive immediate therapeutic food and care – with the number rising by the minute, UNICEF warned today as...
More »Are we choosing the right solutions for reducing GHG emissions from the transport sector?
The transport sector is important for the smooth functioning of an economy. The supply chains for various products and by-products (both domestically as well as internationally) can work efficiently only if the transportation of raw materials and inputs, and final goods and commodities takes place without disruption. Due to economic growth, India’s annual CO2 (i.e., carbon dioxide) emission has expanded from 1.19 billion tonnes in 2005 to 2.44 billion tonnes...
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